Kenya has been named the leading private-sector growth market in Africa, a distinction highlighting the country’s increasing economic resilience and competitiveness.
The recognition was published in the 2025 analysis by Finance in Africa, with Trade Cabinet Secretary Lee Kinyanjui acknowledging the milestone on X.
CS Kinyanjui credited the achievement to the country’s entrepreneurs, manufacturers, exporters, and innovators, who have sustained robust economic activity despite regional and global challenges.
“This ranking reflects the hard work of Kenyan businesses and workers who continue to advance our economy,” he said.
The government plans to reinforce this momentum by expanding industrial capacity, supporting small and medium enterprises (SMEs), and improving access to regional and global markets.
Kinyanjui highlighted the role of the Ministry of Industrialisation and Trade Initiatives (MITI Kenya) in implementing reforms that enhance productivity, attract investment, and create new business opportunities.
Kenya’s recognition comes amid ongoing efforts to strengthen its position in the East African economic landscape.
Over the past decade, successive governments have focused on industrialisation, trade facilitation, and entrepreneurship promotion, aiming to increase the private sector’s contribution to GDP and job creation.
Local business leaders welcomed the ranking, describing it as validation of years of effort in navigating operational challenges, competing in regional markets, and innovating in manufacturing and services.
Industry insiders point to expanding value chains and rising investment flows as critical drivers that could further solidify Kenya’s leadership in the continent’s private-sector growth.
CS Kinyanjui emphasised that the country’s economic story is evolving, with more opportunities to scale industrial output and global trade participation.
“Our focus is on creating an enabling environment where Kenyan companies can compete effectively across Africa and beyond,” he said.
The government’s strategy aligns with broader regional ambitions, including the African Continental Free Trade Area (AfCFTA), which aims to expand market access and investment opportunities for Kenyan businesses.
By fostering a dynamic private sector, Kenya seeks not only to maintain its continental lead but also to generate sustainable growth and employment for its population.