Doing Business in Kenya
KAM members are categorised into 14 sectors, 12 of which are in processing and value-addition while the other two offer essential services to enhance formal industry. Sub-sectors are defined by the type of raw materials companies import or the products they manufacture.
This way, members in a particular sector form a cohesive group of competitors but with common issues of concern, hence the need to prepare common policy positions for joint advocacy and negotiation with relevant government institutions in addressing issues of concern.
The pharmaceutical and medical equipment sector comprises three per cent of the entire membership. Members are classified into the following sub-sectors:
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Drugs and medicines: Includes manufacturers of antibiotics, anti-malaria drugs, anti-amoebics, analgesics, anti-diarrheals, antacids, tranquilisers, antispasmodics, vitamins and anti-ulcers, intravenous solutions and plastic disposable syringes.
Manufacturers of medical equipment
For more information about the pharmaceutical and medical equipment sector in Kenya, or how KAM can help you, please contact KAM directly, at: www.kam.co.ke
[Source: Kenya Association of Manufacturers]
Aid funded business (AFB)
The international aid agencies fund projects to improve prosperity in developing countries.
Find more information on the Department for International Trade (DIT)’s aid funded business service which helps you identify opportunities to supply products and services to the international aid agencies. See: www.gov.uk/guidance/aid-fundedbusiness
[Source: Department for International Trade (DIT)/gov.uk]
The World Bank
The World Bank Group (WBG)’s strategy for Kenya is to support the government’s strategy of ending extreme poverty and increasing shared prosperity. WBG’s Kenya Country Partnership Strategy FY1418 (CPS) focuses on improving the economy’s competitiveness and sustainability, protecting and helping the vulnerable to develop their potential, and building consistency and equity through devolution. During the CPS period, the WBG plans investment of US $1 billion a year, through the International Development Association (IDA), International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA).
The current International Development Association (IDA) portfolio amounts to US $6 billion in 29 national (US $4.7 billion) and seven regional (US $1.3 billion) projects. The biggest investments are in infrastructure namely; transport, energy, water, and urban development, followed by the social sectors (health and social protection). Other sectors comprise of: education; private sector development; ICT; agriculture; and justice, law and order, knowledge, and analytic work.
www.Kenya.DoingBusinessGuide.co.uk
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