Around 50 Swedish related companies are represented in Kenya, with the majority based in Nairobi. Sweden foreign minister who recently blasted the UK for the bitter Brexit divorce has been travelling to Africa to shop for investment opportunities for her country and recently held bilateral talks with Kenyan officials. Margot Wallstorm, the feminist proponent minister and a hard hitting critic of Brexit has noted that Sweden has already identified areas that it want to invest in Kenya as a gateway to East Africa. She has held consultative meeting with Kenya’s Foreign Affairs CS, Monica Juma on different bilateral fronts between Kenya and Sweden. Wallström blasted Britain’s political leadership for mismanaging the UK’s upcoming departure from the EU. “I just think that they’ve made such a historical mistake and they’ve really created a problem for all of us,” Wallström was reported saying. “I cannot forgive them for this,” she said. A Swedish delegation to Kenya that she is leading has identified opportunities for further growth in the fields of infrastructure, agriculture, ICT and renewable energy. A growing number of Swedish companies have established themselves in Kenya. Important export products from Sweden are telecommunication equipment, paper, machinery, manufactured products, medical equipment and vehicles. Imports from Kenya consist mainly of coffee, cut flowers, fruits and vegetables. Around 50 Swedish related companies are represented in Kenya, with the majority based in Nairobi. Among these are ABB, Alfa Laval, Atlas Copco, Bahco, Ericsson, Saab, Sandvik, Scania, SKF, TetraPak and Volvo. Several of these companies cover...
Sweden eyes an expanded engagement in Kenya
Posted on: March 1, 2019
Posted on: March 1, 2019