Kenya projects exports to rise 15% in 2023

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Kenya projects exports to rise 15 per cent to hit 1.01 trillion shillings (7.38 billion U.S. dollars) in 2023, up from 6.38 billion dollars recorded in 2022, the government said.

Peter Ochieng, acting director of Research and Innovation at the Kenya Export Promotion and Branding Agency (KEPROBA), said that the increase will be driven by greater sales of agricultural products to the European Union and Britain.

“The ongoing favorable weather conditions will result in higher production of tea, coffee and horticultural products,” Ochieng said on the sidelines of a forum on promoting Kenya as a global destination hub for outsourcing work.

Ochieng said that Kenya has also discovered new export markets for its livestock products in the Middle East and Asia this year.

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He said that the country will also benefit from the rising demand for Kenya’s manufactured products in Africa.

“This year we also expect to sell more manufactured products such as pharmaceuticals as well as construction materials to the Democratic Republic of the Congo,” Ochieng added. (Xinhua/NAN)

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