Shifting Kenya’s private sector intohigher gear: a trade and competitiveness agenda’ was bornout of the World Bank’s Trade and Competitiveness (T&C)Global Practice recent stock taking of its work in Kenya.This was part of a Programmatic Approach that aimed toorganize T&C’s knowledge, advisory, and conveningservices to address Kenya’s development challenges in theprivate sector space. By Sub-Saharan African standards,Kenya has a large private sector, which accounts for around70 percent of total formal employment. As a result, thedynamics of the private sector are a key determinant of thetrajectory of the Kenyan economy. The country’s productmarket regulations a restrictive for domestic competitorsand foreign entrants, and the actions of cartels andbehavior of dominant firms across sectors underminescompetition and hurts consumers. The Kenyan Governmentrecognizes these challenges and has invested significantlyin unlocking these bottlenecks with impressive results sofar and several important laws passed. Additional efforts toease regulatory constraints and expedite importantlegislative changes could improve the investment climate atnational and county levels.
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