After a challenging 2017, the industrial sector has started to show signs of recovery, suggested by improved output figures. The turnaround came about at the end of 2017, as the sector continues to focus on longer-term prospectives and transforming itself into a key driver of economic activity.
The retail sector in Kenya has faced a number of challenges in recent years. The collapse of two of its main supermarket chains dealt a major blow to the sector, affecting mall footfall and supplier’s balance sheets, and taxing goodwill. However, with the economy strengthening, foreign investors entering the local retail market and the middle...
Released by the Treasury in June 2018, the 2018/19 budget policy statement (BPS) outlined plans to increase state support for the manufacturing segment’s development, while also setting targets for growth and employment across a range of industrial segments. Objectives include increasing manufacturing’s contribution to GDP from 8.4% in 2017 to...
The global economy is entering the Fourth Industrial Revolution (4IR), or Industry 4.0, based on the application of new digital and automated technologies in production processes and service delivery. These changes are presenting emerging markets with opportunities such as improved productivity, as well as risks, namely reshoring and the...
Power is one of the biggest hurdles to stronger growth in sub-Saharan Africa, with households and industrial firms struggling to ensure a reliable supply of electricity. A number of solutions are being rolled out, from off-grid networks to new transmission infrastructure, but one of the most necessary is new generation capacity.
Off-grid power has long been a fast and easy solution to the energy access challenge across Africa, largely in the form of diesel-powered generators, open fires or burning kerosene.
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