Kenya Industry

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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...

While Kenya is no stranger to political strides experienced across the region, the country has managed to avoid long periods of crisis – whether political, economic or social – and has been able to overcome its challenges in relatively short periods of time.

The manufacturing sector is a key beneficiary of both Kenya’s 2018 budget and a new policy identifying medium-term economic growth drivers.

 

What are the main challenges facing large-scale energy projects in Kenya?

 

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.

 

Kenya’s power grid is in the midst of an international upgrade, featuring increased connection capacity with neighbouring Uganda, Tanzania and Ethiopia. The country’s potential as a power generator is significant, with supply already outstripping demand and geothermal sources in particular seen as an inexpensive, reliable option. Kenya’s...

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