How private sector is missing out on Kenya's preferential trade deals

Global business logistics import export background and container cargo freight ship transport concept. [File, Standard]

Kenya is struggling to fully harness the huge benefits of the preferential trade agreements it has signed with various markets, largely because its export portfolio is narrow and dominated by low-value products.

According to the Kenya Association of Manufacturers  (KAM), many of the country’s exports lack competitiveness on the global stage, in part due to high domestic manufacturing costs that drive up final prices of these products.