Kenya’s annual earnings from goods sold to key African countries fell for the first time in six years, data from the Central Bank of Kenya shows, shining a spotlight on the competitiveness of the manufacturing sector, which faces the impact of a stronger shilling among other headwinds.
Traders earned an estimated Sh421.34 billion from goods exported to other African countries in 2024, up from Sh429.69 billion a year earlier, breaking a trend of sustained growth since 2019.