Market News

Indirectly and directly, Kenya's wood sector serves approximately 500,000 Kenyans, with the lumberjack trade also serving as a backbone for the country's building industry. There are a number of variables that are leading to an increase in the demand for wood in Kenya. It is predicted that Keny . . .

In Kenya, the forest sector provides more economic benefits than is recorded in the country's national statistics.The Kenya National Bureau of Statistics (KNBS) indicated forestry’s contribution to GDP to be one percent, which, according to the study of the Forestry Society of Kenya did not take i . . .

Several developments in Kenya are leading to an increase in demand for timber. Kenya's economy has expanded by 6% per year and is expected to continue to expand steadily. The population currently stands at 53 million and the proportion of the population living in cities is growing steadily. The risi . . .

The future of Kenya's wood-coating industry is promising given the persistent constraints of the country's supply chain of wood and wood products, which is characterized by increasing demand toward a lower supply that could have an effect on the overall demand for wood-coating in the East African co . . .

The Komaza logging company has recently concluded a Class B fundraising campaign that raised USD 28 million. The money will be used to grow forest plantations for sustainable timber harvesting. Sustainable timber harvesting in Kenya could have a promising future. Such is the vision that underli . . .