Exhibit
Kenya's on-grid solar market is rapidly growing as the country aims to achieve 100% renewable energy by 2030.
The Electronics Market in Kenya is expected to grow at a compound annual growth rate (CAGR) of 7.77% from 2024 to 2029.
In Kenya, the revenue in the Lamps & Lighting market reached USD 51.30 Million in the year 2024.
Electricity supply in Kenya is mostly generated by renewable sources with the majority coming from geothermal power and hydroelectricity.
Kenya aims to invest around USD 60 billion in the Energy Sector through to 2040.
Kenya is the market leader in Africa for solar home systems (SHS) sales.
The heating and cooling market in Kenya is expected to grow at a rate of 6.51% from 2024 to 2029.
Kenya imports most of its Electric Cable from China, India, and United States.