Industry & Retail

Kenya Industry & Retail

The ongoing push for industrial expansion, as highlighted by the government’s overarching Vision 2030 strategy, has resulted in a number of positive developments over the past year, particularly in the textiles, construction materials and food processing segments. Electricity availability and reliability have improved steadily over the past year as new renewable power plants have come on-line. SMEs contribute around 33% of value-added goods and create 80% of all new jobs, and their promotion ranks high on Vision 2030’s industrialisation agenda. As part of these efforts the government is increasingly moving to protect domestic industry, while regional and bilateral agreements have benefitted Kenyan exporters.

This chapter contains interviews with Adan Mohamed, Cabinet Secretary, Ministry of Industrialisation and Enterprise Development; and Darshan Chandaria, Group CEO, Chandaria Group of Companies.