Kenya is among the most advanced economies in East and Central Africa. It is the land of unlimited possibilities and its strong growth prospects are supported by an emerging middle class and an increasing appetite for high-value goods and services. Kenya offers a low–risk environment which is characterized by political stability, low risk of fraud, security and low competition, among other factors.
How To Invest In Kenya
Agribusiness investment
A venture into the agribusiness sector in both small- and large-scale activities is a profitable area to invest in right now. With the increasing rates of unemployment especially amongst the youth, agribusiness offers a solution in terms of job and wealth creation given that Kenya is also an Agri-based economy
Real Estate
One of the best investments in Kenya is real estate. More and more people are purchasing property in Kenya. That is mainly because of the growing middle class. Everywhere you go in Kenya, there are construction projects. New houses are being built around, and people are investing in property as a long-term asset class.
Branding and PR Industry
This is the investment opportunity in Kenya that nobody wants you to know. It is thriving in countries like the US and can work better in Kenya as well. There’s a lot of cash to be made here once you are established. All you have to do is build a brand for yourself.
Fisheries
Kenya’s water resources in the Indian Ocean, Lake Victoria, and other numerous freshwater lakes provide vast fishing potential. At present, deep-sea fishing, prawn, and trout farming are in their infancy but growing rapidly. Opportunities also exist in fish processing (filleting and fishmeal production), as well as fisheries-support infrastructure.
High-yield savings account
A high-yield savings account is a type of savings account that gives you very high yields on the amount of money you have saved in your account, after a specific period. A high-yield savings account is like a traditional savings account but instead has interest rates for savings.
The stock market in Kenya
The stock market allows you to buy and sell shares of publicly listed companies. You can get to invest in different stock markets like Kenyan stocks through the Nairobi Securities Exchange or global stocks listed on the New York Stock Exchange and the NASDAQ.
Investing in Tourism in Kenya
There are a lot of opportunities to invest in the tourism sector. Kenya is amongst the top tourist destinations in Africa and the government is also committed to providing a tourism-friendly environment to enhance tourism.
Some of the available opportunities to invest in tourism include; Tourist hotels, Game lodges, Tourism and hospitality training, Amusement parks, restaurants, casinos, and clubs.
Renewable energy investment
Kenya is one of the most active countries in terms of embracing renewable energy in Africa. An overwhelming 70 per cent of power in Kenya is sourced from renewable energy.
There are many profitable investment ventures in the Kenyan energy sector from renewable sources such as Biofuels, Solar, wind, and geothermal power generation, Innovations in the renewable energy sector, Drilling of geothermal wells, and cleaning services.
Investing in Government Bonds
Bonds are just ways in which the Kenyan government or large companies borrow from the general public to fund their projects, or run the government itself.
The Kenyan Treasury bonds provide quarterly, semi-annual, or even annual T-bonds with cash repayment periods of between 1-30 years, you decide on this. Interest rates diversify with the duration of the issued bonds and the total amount issued.
Start Your own company
All these big companies you know didn’t come out of anywhere and became what they are overnight. Some individuals started them and expanded with time by providing value to clients. As a youth, you can do the same. Just register your company and make it lively and build a brand.