Hon CS Rebecca Miano EGH morning thought

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H.E. President Dr. William Ruto with Trade CS Rebecca Miano EGH

Investment Trade and Industry Cabinet Secretary Hon. Rebecca Miano EGH always drops nuggets of wisdom for us to pick and ingest.

“Kenya, Egypt, Nigeria, and South Africa collectively account for a dominant 68% share of the continent’s total investment influx in 2023.

This concentrated growth reflects Kenya’s attractiveness for investors and its increasing role as regional epicentre for international companies looking to expand across the continent.

H.E. President Dr. William Ruto with Trade CS Rebecca Miano EGH

Kenya exports are forecasted to experience robust growth with its export corridors due to the Government’s interventions-
*Standard Chartered Trade Report 2023*

Exports are forecasted to reach $ 10 B by 2030 from $ 6 B in 2021 with exports to USA increasing from $ 0.53 B to $ 1.2 B
Exports to UK increasing from $ 0.44 B to $ 1 B and exports to Europe ( Netherlands ) increasing from $ 0.54 B to $ 1.7 B.

My Ministry is committed to surpass the forcast.

Further My ministry is committed to finalize and sign the CEPA agreement with UAE very soon to actualize and surpass the forecasted export to UAE growth of $ 0.8 B from the $ 0.3 B in 2021.

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