The curtains may soon come down on Kenya’s golden days of being the main exporter into its two prime markets of Tanzania and Uganda.
A new World Bank report shows that cheap Chinese products have been slowly displacing Kenyan manufactured products from these markets.
The report, titled ‘Deal or No Deal: Strictly Business for China in Kenya?’ found that between 2008 and 2014 manufacturing exports to Tanzania fell 36.1%. And, although exports to Uganda increased by 4.5%, the growth was slowing.