The telecommunications sector in Kenya has seen tremendous growth and change in the past 12 months, as industry players grapple to position themselves competitively in an increasingly saturated market. The recent exit of Essar Telecom Kenya through a unique divestment of licences and subscribers to the two largest competitors in the market...
Energy, petroleum and mining are key sectors in Kenya’s economy, with significant prospects for growth. According to the Ministry of Energy and Natural Resources, as of 2014, electricity provided 9% of overall energy requirements in Kenya, with petroleum and renewable energy providing 22% and 69%, respectively. Only one in five households in...
The government has stated that economic growth in Kenya depends on modern infrastructure. However, funding for developing such infrastructure is limited. The government hopes to bridge the financing gap by involving the private sector in public projects. The Public-Private Partnership Act of 2013 (PPP Act) provides the framework for the...
Senegal’s population of 16m is situated on the Atlantic Coast of West Africa. With robust and sustained annual economic growth at 6% or above since 2014, and a considerable multifaceted investment and reform programme under way, the country is well positioned to see a sustained influx of foreign capital as economic momentum builds. Senegal’s solid macroeconomic performance is underpinned by its relatively strong and long-running status as one of the most stable countries in the region.
This chapter contains an overview of the legal framework within which local and international investors operate in Kenya, including a look at the business environment for foreign investors, the different types of corporate entity recognised in Kenya and a rundown of the various incentives available for inward investment.
This chapter contains a...
Kenya is one of the economic and political heavyweights of East Africa. Despite recent security issues, it is recording strong economic growth and maintaining its leading position in the region. Recent discoveries of new oil, gas and water reserves and a young population give further cause for optimism, and the government is working to put the right policies into place to maximise the country’s potential.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×