Why Kenya SMEs aren’t trading freely in Africa

Staff pack tea for export at the Gold Crown Beverages Limited EPZ in Shimanzi, Mombasa County on January 3, 2023.

Photo credit: File | Nation Media Group

Kenya’s small businesses are finding it difficult to trade with the rest of Africa under the free trade area agreement due to trade restrictions, high trading costs and complexities in logistics and policies.

A survey by South Africa’s Standard Bank, trading in Kenya as Stanbic Bank, shows that perceptions by Kenyan businesses of trading with others under the African Continental Free Trade Area (AfCFTA) framework are diminishing, with attention shifting to the European, Asian and East African markets.