May 31 2024
Kenya to leverage on value addition for Sh1.5tr exports by 2028
Photo Courtesy of The Star
The Kenya Export Promotion and Branding Agency unveiled its strategic plan to grow Kenya’s exports to Sh1.5 trillion by 2028.This will be a 10 percent increase from the 873.1 billion that was recorded in 2022.The agency through the implementation of the 2023/2024 – 2027/2028 strategic plan, says Kenya is set to be positioned among the top 50 global brands.
This renewed push comes at a time when Kenya’s export value for the first time in history hit Sh1trillion in 2023, according to the 2024 economic survey by KNBS. The great performance was contributed by tea which had an export percentage growth of 15.4 percent from 2022 to 2023.