Cross Border Trade (CBT) has proved to be a reliable mechanism to achieve inclusive economic growth in any economy, however disaggregated markets limit the impact of Cross Border Trade. African governments have spent years exploring ways of developing CBT but these have been met with limited success in South Africa. African Cross Border Trade is […]
There is a correlation between economic growth and rising international trade, making trade development critical for developing economies to raise living standards and eliminate poverty. Growth-enhancing factors include increased competition from international firms, improving economic efficiency. This leads to under-performing local firms being replaced by more dynamic ones, increased economies of scale that lower costs, […]
The textiles industry in Kenya is a formidable local economic player. Yet internationally, and from an opportunity realisation perspective, its impact is dwarfed by the likes of China and the EU. Letsema East Africa conducted a deep assessment of the textiles industry in Kenya. The East African nation has the raw ingredients necessary to become […]
China is the world’s dominant player in garments manufacturing. While this poses a major challenge to competitors, it also means opportunities exist to claim portions of that market share for themselves. Letsema East Africa undertook deep research into Kenya’s garment economy, and found that through key trade relationships such as AGOA and Kenya’s ability to […]
Kenya is a focal point for the distribution of pharmaceuticals and related products in the East Africa region. As evidence by research conducted by Letsema East Africa, Kenya’s global pharmaceuticals market share is tiny. Yet the opportunity exists for it to be so much more. The Kenya Data Series is where Letsema East Africa investigates […]
As a key trade hub within East Africa, Kenya’s plays an important role within the region’s medicine and pharmaceutical’s sector. Letsema East Africa assessed the nation’s pharmaceuticals and medicine sector, where Kenya’s government is the nation’s largest institutional buyer of medicines and less than 30% of local demand is produced or supplied locally. The Kenya […]
Kenya is among Africa’s quickest growing economies, and an essential trade hub in East Africa and key player within the aquamarine sector. Letsema East Africa dove into the numbers. Upon assessing Kenya’s fishing and marine context, Kenya can further benefit from harnessing the full potential of this valuable aquamarine resource base. The Kenya Data Series […]
While Kenya has access to a smaller proportion of Lake Victoria’s marine resources compared to its neighbours. Yet, according to Letsema’s East Africa team, Kenya produced approximately 130,000 tons of freshwater fish, 30,000 tons less than local demand. In this context, the potential exists for Kenya to harness their marine resources through strategic planning and […]
Agriculture is a critical part of Kenya’s economy. While agricultural production has increased over time, the potential exists to truly harness Kenya’s agricultural dividend to stimulate local and regional economic growth. As illustrated below by Letsema East Africa, opportunities exist for Kenya to leverage specific cash crops, with market linkages and trade development key parts […]
Kenya is among Africa’s key economies, is one of its fastest growing and a critical economic hub in the East Africa region. Letsema East Africa took a dive into the raw numbers, revealing how important Kenya’s agricultural industry is to its future prospects and economic growth. The Kenya Data Series is where Letsema East Africa […]
