The UAE and Kenya have entered into a Comprehensive Economic Partnership Agreement (CEPA) designed to bolster trade and investment between the two countries.
This paradigm shift marks the UAE’s inaugural bilateral trade agreement with an African nation, showcasing its commitment to diversifying its economy beyond oil dependency.
In the first three quarters of 2024, non-oil trade between the UAE and Kenya soared to $3.1 billion, reflecting a remarkable 29.1% increase compared to the same timeframe in 2023.
This impressive growth highlights the strengthening economic…
