Kenyan manufacturing sector must diversify into high-tech goods

Kenya needs to diversify its manufacturing sector into medium and high-tech products if the country’s economy is to grow, according to a new report.

The Kenya Economic Report 2017, by the Kenya Institute of Public Policy Research and Analysis (KIPPRA), said that the growth of the country’s manufacturing was slowing.

It said that about 95% of the country’s manufacturing firms were micro and small businesses, yet these contribute only 20% toward the sector’s value. In comparison, the medium and large firms that make up 5% of the sector contribute more than 60% of its value.

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Kenyan manufacturing sector must diversify into high-tech goods

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