Africa will add 122 million people to its potential labour force by 2020 and by 2035 the continentÃ¢â‚¬â„¢s labour force will be larger than that of any nation, including China or India, according to a report by McKinsey Global Institute.
KenyaÃ¢â‚¬â„¢s trade with South Korea has increased from $3.6million in 2007 to $5.5 million in 2012, a 65% growth rate. Exports to South Korea include coffee, printed matter, scrap metal, gemstones, pyrethrum, wood products, handicraft, beer, tobacco, raw vegetables and sea food.
India has reclaimed its position as the second largest exporter of goods to Kenya, signalling that it is gaining momentum in the race with China for control of AfricaÃ¢â‚¬â„¢s fast-growing consumer markets.
East AfricaÃ¢â‚¬â„¢s automotive industry is getting busier as new vehicle brands enter the regional market in anticipation for the economic boom resulting from economic integration.