African workforce can overtake China, India
Africa will add 122 million people to its potential labour force by 2020 and by 2035 the continent’s labour force will be larger than that of any nation, including China or India, according to a report by McKinsey Global Institute.
Kenya rallies to increase Trade
Kenya’s trade with South Korea has increased from $3.6million in 2007 to $5.5 million in 2012, a 65% growth rate. Exports to South Korea include coffee, printed matter, scrap metal, gemstones, pyrethrum, wood products, handicraft, beer, tobacco, raw vegetables and sea food.
India beats China to top trading spot with Kenya
India has reclaimed its position as the second largest exporter of goods to Kenya, signalling that it is gaining momentum in the race with China for control of Africa’s fast-growing consumer markets.
India-Kenya Relations - Ministry of External Affairs
Trade between India & Kenya
Bilateral trade grew by 57% to reach US$ 2.4 billion in 2010-11. Nearly US$ 2.3 billion
constituted India’s exports to Kenya. India is the sixth largest trading partner of Kenya.
According to Kenyan statistics, bilateral trade for 2011 was approximately US$ 1.8 billion.
