We are happy to announce that as a part of ESC’s Global Outreach programme, we are organizing a delegation visit of ESC members to Kenya and Tanzania from 11-15 September 2023. The delegation visit will provide the participants an opportunity to explore the IT and Electronics opportunities in these 2 countries and strengthen business relations.

The value of Kenya’s electronics market is estimated to be US$3.4 billion in 2023. The market is expected to grow at a CAGR of 7.31% from 2023 to 2028. The Kenyan electronics market is still in its early stages of development, but it has the potential to become a major player in the global electronics market. Indian exporters can play a key role in the development of the Kenyan electronics industry by providing high-quality, affordable electronics products. The value of Kenya’s IT software market is estimated to be around US$1.5 billion in 2023. The market is expected to grow at a CAGR of 10% (2023-2028). The largest segment in the market is the segment Enterprise Software with a market volume of US$700 million in 2023.

The value of Tanzania’s electronics market is estimated to be around US$2.86 billion in 2023. The market is expected to grow at a CAGR of 5.39% (2023-2028). Some of the key product categories in Tanzania’s electronics market are Mobile phones and accessories, Televisions and home appliances, Computers and peripherals, Audio and video equipment, and Telecom equipment. Indian exporters can tap into Tanzania’s growing demand for solar-powered electronics. The country has a high potential for solar energy, and the government is promoting the use of solar-powered products. The value of Tanzania’s IT software market is estimated to be around US$100 million in 2023. The market is expected to grow at a CAGR of 15% (2023-2028). The largest segment in the market is the segment Enterprise Software with a market volume of US$50 million in 2023.

ESC invites members to be a part of the delegation to Kenya and Tanzania. During the visit B2B meets will be organised in both the countries besides visit to key industries, association offices, meeting with key government officials as proposed by the Indian Missions.

For more details write email to esc@escindia.com