KENYAN PAINT COMPANIES FACE RISING COSTS – BUT BOOMING CONSTRUCTION MEANS THAT SALES WILL STILL GROW
February 1st, 2019
WITH Kenya’s economy still growing fast – its GDP is projected to increase by 5.8% this year (2019) east Africa’s economic hub is expected to provide the paint and coatings sector plenty of extra sales. Such growth in the construction industry is reflected in its neighbouring countries, notably Ethiopia, Kenya, Rwanda, Tanzania and Uganda, offering additional sales for companies with the scale to score regional sales.
According to GlobalData, an international data analytics company, construction and other infrastructure development will expand across east ...
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