Kenya now among the top export destinations in Africa, says report

SGR cargo train. FILE PHOTO | NMG

Kenya is the second most preferred export destination in Africa, according to a survey of companies operating on the continent, signaling the country’s growing consumer power driven by rising population and incomes.

The latest Pan-African private sector trade and investment committee (PAFTRAC) report indicated that Africa-based companies exported goods and services to Nigeria at 25.96 percent, Kenya at 23.89 percent followed by South Africa at 22.12 percent.

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Note: The results are not exact but very close to the actual.