Kenya is the economic and transport hub of East Africa. Kenya’s real GDP growth has averaged around 5% for the past several years. Nevertheless, Kenya is among the low middle income countries. While Kenya has a growing entrepreneurial middle class, faster growth and poverty reduction is hampered by corruption and by reliance upon several primary goods. Unemployment is high at around 40%. The automotive sector is growing from a very low base and has recently shown high potential attracting international manufacturers to create small production entities for local market and to export in the entire East Africa.
To download professional market research or sales data on this market, visit the Kenya Store