Latest statistics show British companies are taking advantage of new investment opportunities across Kenya as UK exports grew 1.4% over the previous year to June 2018, accounting for £655 million, of which £318m (48.5%) were services.
Among them are Yorkshire-based management consultancy Agencia, who will advise on financial investigations and corporate governance work, are establishing a permanent base in the country with plans for further expansion.
International Trade Secretary Dr Liam Fox MP said: “As the UK looks at trade opportunities in a post-Brexit world, we are continuing to build on strong trade foundations to capitalise on untapped global potential for UK firms.
“My international economic department is helping to build mutually beneficial partnerships to stimulate long-term transformational growth across Kenya, and Agencia is a strong example of a business using exporting to grow its business to become more profitable and resilient.”
Helen Gibson, Managing Director of Agencia, told London Loves Business that without support from the UK’s Department for International Trade (DIT), the company wouldn’t have achieved such strong global success.
She explained that part of their business strategy is to diversify their customer base and target new overseas markets. The DIT has helped them to fully understand these marketplaces, facilitate introductions to potential clients and overcome barriers such as language and legal requirements as well as taking the business on trade missions to Africa.
“Targeting East Africa is now our next priority, particularly the healthcare sector. We will continue to work closely with DIT to ensure we’re ticking all the boxes in terms of legal and taxation requirements. We’re excited to continue growing the business with exporting playing a huge part in our future,” Ms Gibson said.