The Republic of Kenya is located in the Eastern Africa region. The population is approximately 54 million people according to UN estimates. Its capital city is Nairobi located in the South-central part of the country.
Kenya is amongst large economies in Sub-Saharan Africa after Nigeria and South Africa. Kenya is the regional hub providing easy connectivity to the region. It is bordered by South Sudan to the northwest, Ethiopia to the north, Somalia to the east, Uganda to the west, Tanzania to the south, the Indian Ocean is located to the southeast.
Kenya is the largest and most advanced economy in East and Central Africa. Its GDP accounts for more than 50 per cent of the region’s total and in terms of current market prices. Its economic growth prospects are supported by an emerging middle class and an increasing appetite for high-value goods and services. In the recent past its prospects have grown with improved ease of doing business index.
Kenya is strategically located and a gateway to East and Central Africa with great regional and international connectivity. With its strategic location that borders the Indian Ocean, Kenya is considered as a strategic production and distribution base for Africa, Europe, the Middle East, South Asia and other Indian Ocean Islands.
Kenya is a member to the regional blocs such as the East African Community and COMESA with a combined market of over 500 million people. Kenya is a member of the 79 member countries of the Africa, Caribbean and Pacific ACP which entered into a trading agreement with EU that allows free market access. It has also entered into trade agreement partnerships with the United States of America through the AGOA and Economic Partnership agreement with the UK.
Improved infrastructure in road and railway networks has eased movement and market access. Jomo Kenyatta International Airport is ranked the best airport in Africa and 38th globally by Air help worldwide ranking in 2018 based on assessment of quality of service, on time performance and passenger experience.
Kenya is a multi-ethnic, multi-racial and multi-religion country. Persons from different backgrounds peacefully co-exist working, trading and living side by side. The country is also home to very varied geographical landscape from inland lakes, snow-capped mountains, the great rift valley and sun kissed white beaches. It is in this great land that the people co-exist with diverse and rich flora and fauna.
Kenya’s economy is driven by agriculture, manufacturing, the services industry and tourism. The country is home to UNEP and UN-HABITAT, the only two UN agencies headquartered in a developing Nation. Kenya is a welcoming Nation to many who have opted to trade, invest or just visit the land of the big five land animals.