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Nov 15 2024
Kenyan exports to rest of continent jump 26pc.

Kenyan exports to rest of continent jump 26pc.

Kenya’s exports to other African countries in the first seven months of 2024 jumped by 26 per cent to $1.93 billion (Sh248.7 billion) from $1.53 billion (Sh197.3 billion) during the same period the previous year, Central Bank of Kenya (CBK) data reveals. According to recent economic reports from several authorities, the growth was primarily boosted by increased shipments, strengthened bilateral relations and increased demand for tea and re-exports of jet fuels in the first quarter. The rise was also driven an increase in export earnings in the first quarter from Egypt which jumped by 45.7 per cent to Sh10.47 billion and the Democratic Republic of Congo (DR Congo) by 56 per cent to Sh8.2 billion.

Photo Courtesy of People Daily

Read More: https://peopledaily.digital/kenyan-exports-to-rest-of-continent-jump-26pc/

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