Kenya is the largest economy in east Africa and has one of the most stable political systems in Africa, when it comes to investment Kenya has always been welcome to foreign investment and has taken many steps to increase the ease of doing business.
The government in collaboration with the private sector, civil society, development partners and other stakeholders formulated the Kenya Mission 2030 which aims to make Kenya an industrialized nation with a prosperous middle class providing high quality of life to its citizens by 2030. Kenya has adopted a strategy that has seen more investors venture into it. Due to the small Kenyan domestic market since Kenya has an approximate population of 40 million people, it has been building quite big infrastructure projects so as to link itself with other east African countries such as Tanzania, south Sudan, Uganda, Rwanda, Burundi, Somali and Ethiopia this making itself the hub of east Africa.
As they say if you conquer Nairobi (Kenyan capital city) you have conquered east Africa. This has increased the domestic market for companies in Kenya to up to 400million consumers. Kenya has had its economy being driven by agriculture in the past years but have opted for other means such as mining, tourism and trade. This has seen major discoveries of minerals including oil, rare minerals and gold in Kenya.
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