China Business In Kenya

The kenya china trade and investment opportunities are set for a spike with the pitching of business by chinese companies in nairobi this week.

China business in kenya. Apurva sanghi and dylan johnson dispel three myths about china s activity in kenya to show how increased chinese. Chinese infrastructure projects being undertaken in kenya are viable because they will have a positive effect on the economy a senior government official said. With proper pricing and marketing the sky is the limit for small business importers who source their goods from china.

China lent kenya extensive loans of more than 5 billion to build a standard gauge railway commonly referred to as sgr between mombasa and nairobi and highways in kenya. During the january november 2019 period china exported to kenya goods worth sh324 90 billion or 20 3 percent of sh1 6 trillion import bill slightly reduced from sh346 87 billion a year earlier. Now that your imported goods have arrived in kenya all you need to do is make good use of your entrepreneurial skills.

Between 2006 and 2017 kenya has taken large loans of at least 9 8 billion sh1043 77 billion from china. Like alibaba aliexpress is a goldmine for most china to kenya importers. Chinese debt accounts of 72 of overall foreign debt.

Ukur yatani cabinet secretary of national treasury and planning on tuesday told the parliamentary committee on finance and national. It has many items to buy especially those that are hard to find in kenya and other places. China s footprint across kenya spreads far beyond access to the airwaves.

Are you interested in starting an import business in kenya. And a trick for a successful import from china business is to find one trustworthy supplier and stick to them. Kenya is the 79th largest importer in the world kenya s key import partners are china india japan the united arab emirates and south africa.

As of 2016 the value of kenya s imports was 15 8 billion. As in the rest of africa china has been investing heavily in infrastructure. How to shop from aliexpress in kenya.