Penresa Report on KENYA: ‘Africa Cradle Of Innovation’ has been published with the November 2019 edition of Forbes Africa magazine, in partnership with Afreximbank.
As the largest economy in the EAC and COMESA in terms of GDP, Kenya has positioned itself as a major economic power in sub-Saharan Africa. With GDP growth projected at 6% this year, President Kenyatta’s administration has continued to improve the business environment with a view of providing a facilitative environment for private sector growth.
The Big Four economic plan looks to enhance structural transformation while addressing socio-economic challenges while accelerating economic growth. Known as the Silicon Savannah, Kenya’s $1 billion tech ecosystem offers an attractive space for entrepreneurs, investors and technologists. With political stability and an enabling environment, Kenya enjoys an abundance of natural wealth, which offers tremendous investment opportunities for investors.
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