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SA, Egyptian goods push Kenya to first Africa trade deficit
Kenya’s high appetite for imported goods has seen it sink into a trade deficit with Africa for the first time in more than two decades, official data shows. FILE PHOTO | NMG
Kenya’s high appetite for imported goods has seen it sink into a trade deficit with Africa for the first time in more than two decades, official data shows.
The country’s import bill from other African countries rose to Sh234 billion last year, an 11 percent increase from the Sh210 billion spent in 2018.