Legal Aspects of Doing Business in Kenya – An Outline for German Companies

The Kenyan market is one example of business opportunities in Africa. Kenya shows notable improvements in terms of business-related reforms while being in continuous need of investments in the energy and infrastructural sector. Still, many European companies and investors, particularly the German Mi...

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Bibliographic Details
Published in:Recht in Afrika
Main Author: Jörg Kleis
Format: Article in Journal/Newspaper
Language:German
English
French
Published: Nomos Verlagsgesellschaft mbH & Co. KG 2016
Subjects:
Online Access:https://doi.org/10.5771/2363-6270-2015-2-248
https://doaj.org/article/8cf7d21ca33f4991a4ed3f35742670af
Description
Summary:The Kenyan market is one example of business opportunities in Africa. Kenya shows notable improvements in terms of business-related reforms while being in continuous need of investments in the energy and infrastructural sector. Still, many European companies and investors, particularly the German Mittelstand, are reluctant when it comes to implementing a project. Doing the math is not as much of a problem. Instead, there remain several unanswered, but essential legal questions. In the case of Kenya they concern investment conditions, competences, procedures and pertinent material regulations to finally engage in doing business.