Chinese investors upbeat about Kenya's agro-chemicals market
The vice general manager of a Chinese manufacturer of agrochemicals is upbeat that venturing into the Kenyan market promises huge rewards.
During an interview with Xinhua on the sidelines of a China-Africa Agrochemical Exhibition on Tuesday, Yang said his company intended to expand its footprint in Kenya where demand for farm inputs is on the rise.
"Kenya is a very strategic market for us and we are in discussions with several local partners to facilitate our entry here," said Yang, adding that his company had already established a strong presence in Nigeria, Ghana and South Africa.
Forty Chinese firms participated in the exhibition, which was established last year, to showcase their products and explore new business opportunities in Kenya and the larger eastern African region.
Yang said his conversation with Kenyan officials and business executives shone a spotlight on bright prospects for agro-chemical industry in the country as Kenya is fast-tracking the mechanization of agriculture.
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