Kenya's Business Community Is Optimistic About the Future

Posted on : Tuesday , 5th January 2016

Trade is growing in the entire region, including Kenya. Kenya's GDP is approximated to hit 15% by the turn of the year. With the recent tripartite agreements that our African presidents have signed, markets in South, East, West, and North Africa will begin to harness their energy towards intra-continental trade.

This is good news to the region's people as they can benefit from expanded market opportunities. Opening up former continental market blocs will mean that Africans can move their goods to the furthest market opportunity available without hindrance.

Opening up the markets will make the African economy vibrant. Commodities that previously found difficulty accessing certain markets will now become available to consumers at the furthest end of the continent. Overall, consumers will get more variety to chose from and better value for their money.

Steel, cement, agriproducts, horticulture, ICT, modernized technology equipment, etc. These are linked to growing infrastructure development and some of the sectors that are booming. Further, Africa is modernizing its market relevance through value addition and technology acquisition, and upgrading has become a critical component of this process.

Source : allafrica.com

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