Kenya stands out as one of the leading and fastest-growing economies in Sub-Saharan Africa. However, it is estimated that due to corruption, the country experiences a significant loss of revenue, estimated at between 6-6.5 billion USD.
Despite the corruption-related challenges, Kenya remains an attractive regional hub, with Nordic businesses maintaining a positive outlook towards conducting operations within the country. There is a growing sense of optimism amongst the Nordic businesses that the Kenyan government's measures to curb corruption positively affect the business climate.
This whitepaper Navigating corruption in Kenya provides valuable experiences of encountering corruption, the most common risk areas are pointed out, and the respondents share cases from events faced by Nordic businesses in Kenya.