Africa Economy

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It has been a busy few years for Kenyan diplomats. Between investment deals with China, a first visit from a sitting US president and efforts to broker peace in South Sudan, the country has gained a more visible role both in the region and internationally. This has not been achieved by chance.

 

After seven years of negotiation, the signing of the Tripartite Free Trade Agreement (TFTA) in June 2015 is being heralded by many in Kenya as a turning point in regional integration. The TFTA is an integration initiative pursued by three of the continent’s regional economic communities – the EAC, the Common Market for Eastern and Southern...

 

What measures can be taken to broaden Kenya’s tax base without having an adverse effect on the country’s overall attractiveness to investors?

 

Kenya is one of the heavyweights of East Africa. Despite recent terrorist attacks and ongoing security problems, it is recording strong economic growth and maintaining its leading position in the region. Natural resource finds and a young population give further cause for optimism, if the right policies are put in place.

 

What is the biggest obstacle faced by prospective foreign investors in Kenya?

 

Africa is on the move. It is one of the world’s fastest-growing regions, people are being lifted out of poverty, incomes are up, the middle class is growing and young people are harnessing technology to change the way Africa does business. That creates opportunities for Africans and for the world, growth and trade that creates jobs in all our...

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