Weak manufacturing sector robs East Africa's economy of resilience
Tourists at Travellers Beach Hotel in Mombasa, Kenya. Unlike manufacturing, service sub sectors like tourism shown considerable dynamism and job-creation potential. PHOTO FILE | NATION
East Africa's economy could be stronger and more resilient but for a weak manufacturing sector, according to the Macroeconomic and Social Development in Eastern Africa 2016 – 2017 report.
Compared with the service sector, whose expansion has been rapid, the manufacturing sector in the region has been lagging behind as evidenced by the stagnant or even declining share of the manufacturing value added over the past decade.