Kenya
Succeed with the Commercial Service in Kenya
Kenya is a country of 54 million people that is rich in diverse cultures, people and natural heritage. Kenya has a market-based economy and is generally considered the economic, commercial, financial and logistics hub of East Africa. With the strongest industrial base in East Africa, Kenya has been successful in attracting U.S. exporters and investors. More U.S. companies are investing in Kenya and setting up local and regional operations to take advantage of Kenya’s strategic location, diversified economy, entrepreneurial workforce, comprehensive air routes, and status as a regional financial center. It is the most industrially developed country in East Africa, with a gross domestic product of $96 billion.
On July 8, 2020 the United States and Kenya entered into negotiations for a Free Trade Agreement (FTA) with the goal of a concluding a comprehensive, high-standard agreement that can serve as a model for additional agreements across Africa. See the U.S.-Kenya FTA joint statement here.
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Featured Market Intelligence Articles
Kenya Reduces Imports Declaration Fee (IDF) and Railway Development Levy (RDL) rates on Applicable Imports
MCC’s Newly Signed $60m Grant to Improve Nairobi’s Urban Mobility System Offers Opportunities for U.S. Companies
Kenya Repeals Local Equity Requirements for Non-Kenyan ICT Companies operating in Kenya.
