The most important sources of income for Kenya are the coffee and tea exports. In addition, the country is heavily dependent on the tourism sector, because of its long white beaches and one of the most popular wildlife reserves in Africa, the Masai Mara. Kenya’s economy is one of the largest and most rapidly growing economies in Sub-Saharan Africa. Kenya is also one of the biggest hubs in East and Central Africa when it comes to financial services. In addition, many international organizations are located in Nairobi, Kenya. There are, however, great disparities between rich and poor. As a result of Kenya’s growing economy, rural-to-urban migration has become a serious phenomenon. Many people living in the rural areas try to seek their luck in Nairobi, because of the low job opportunities in the rural areas. In Nairobi, however, unemployment rates are high, which means that a large part of the population here is unable to find a job and forced to live in one of the slum areas.
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Economic Context in Nairobi, Kenya
Kenya is the financial centre of East-Africa with the fastest growing economy. After South Africa, Kenya is the place to be for locating your business or organization in Africa.