Bolstered by a spate of planned infrastructure projects and strong construction industry expansion, Kenya’s cement sector is expected to record a positive performance in 2015, with excess supply gradually being absorbed by rising domestic and regional consumption. The sector faces a number of challenges, however, and an influx of new players...
Having suffered years of decline, Kenya’s domestic sugar industry is set for renewal in 2015 with the announcement of plans to privatise five state-owned sugar companies. With imports rising and production falling, the potential for private sector expansion is considerable – though rising input costs, low productivity and an expected influx of...
Kenya’s rapidly expanding fast-moving consumer goods (FMCG) segment has been a major driver of industrial growth, benefiting from the particularly strong demand for food and beverages (F&B) and personal care products. This has led a number of international firms to enter the market or increase existing investments in recent years, most...
The government of Kenya is looking to capitalise on high mobile penetration to expand financial inclusion, with plans to offer a new infrastructure bond exclusively via mobile phones. Originally planned for October 2015, but currently postponed indefinitely due to high interest rates, it will mark the first sale of its kind in the world...
Buoyed by years of robust GDP growth, a rising middle class, increased purchasing power and shifting consumer habits that have helped to drive the development of new shopping malls and e-commerce activities, Kenya’s retail market is poised for considerable expansion in the coming years. Although informal spaces and local chains remain the...
The telecoms sector continues to be a critical component of Kenya’s economic growth, performing strongly in terms of mobile money and ICT infrastructure expansion. The extension of 4G coverage is changing the face of the country’s internet use, and smartphone usage is also on the rise. Moreover, ongoing debates in the sector over issues of...
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