Value Chains Are Key for Manufacturing Industry Growth

President William Ruto has said that his government will concentrate on select value chains in order to grow manufacturing so as to create employment while at an Economic Dialogue on Value Chains yesterday in Nairobi.

He said the selected value chains have key unexplored industrial potential and will create jobs for thousands of the unemployed.

Value Chains Are Key for Manufacturing Industry Growth.
Photo: President Ruto at the Economic Dialogue on Value Chains

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“We see leather, pyrethrum, cotton, textiles and apparel, pharmaceutical, edible oils as value chain. Their industrialization will hasten the attainment of our vision for national economic growth and transformation,” President Ruto said.

He further added that although Africa has the third-largest livestock population in Africa, the leather industry is underperforming given its capability.

In an event that had 20 governors including Anne Waiguru, Trade and Investments Cabinet Secretary Moses Kuria and Kenya Sector Alliance (KPSA) Chief Executive Officer Carole Kariuki in attendance, the president urged county governments and the private sectors to work together in order to develop value chains.

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The Kenya leather industry contributes about 4 percent of agricultural GDP and 1.5 percent of overall GDP.

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