20 YEARS IN 20 MINUTES

1

• 20 YEARS - IN 20 MINUTES
• _
• KENYAN
• PRIVATE SECTOR
• by
• Lau Larsen
• Managing Director
• Promaco Limited

2
Past

• Geographical
• Denmark
• Kenya
• Tanzania
• Hong Kong
• Saudi Arabia
• East Africa
• Activities Biz Mgmt
• Capital equipment
• Projects/Tender business
• FMCGs

Regional
3
Transition

• Employment
• Self-employment

4
Present

• Geographical
• Kenya
• Tanzania
• Uganda
• Rwanda
• (Burundi)
• Activities
• Ingredients and processing equipment for food
  manufacturing sectors
• Food laboratory
• Capital equipment
• Projects/Tender business
• Joint ventures
• Board participation
• Community-based activities (incl. football
  support ex delegates?)

5
Distances air kilometres
Nairobi
Mombasa 450
Eldoret 270
Kampala 500
Dar-es-Salaam 670
Kigali 750
Bujumbura 860
Dubai 3,520
Copenhagen 6,660
Copenhagen - Aarhus 310 -
Esbjerg 260 - London 960
- Luxembourg 810 - Paris
1,033
London 6,760
6
GDP (Source World Development Indicators
database, April 2007)
Country US Pop/Mio
(2006 figures) Kenya 21.2 billion
35 Tanzania 12.8 billion 39 Uganda
9.3 billion 27 Rwanda 2.5
billion 9 Burundi 806.6 million
8 ------------------------------------------------
--------------------------- United Arab Emirates
129.7 billion (05) 4.6 Denmark
275.2 billion (05) 5.4 United
Kingdom 2.3 trillion 60
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Kenya

Area 580,367km2 (0.43 of world) Capital N
airobi
Population 35 million (0.52 of world)
Population growth rate 2.6 Languages Kiswah
ili, English, other local languages
Currency Kenya Shilling 67 KShs 1US
(Oct.07) GNI per capita (US) 580 (purchasing
power parity)

Source World Development Indicators database,
April 07
8
Tanzania

Area 945,087km2 Capital Dodoma
Population 39 million Population growth
rate 2.6 Languages Kiswahili, English,
other local languages
Currency Tanzania Shilling 1,245 TShs
1US (Oct.07) GNI per capita (US) 350

Source World Development Indicators database,
April 07
9
Uganda

Area 241,139km2 Capital Kampala
Population 27 million Population growth
rate 3.6 Languages English, Luganda,
other local languages
Currency Uganda Shilling 1,750 UShs
1US (Oct.07) GNI per capita (US) 300

Source World Development Indicators database,
April 07
10
Rwanda

Area 26,338km2 Capital Kigali
Population 9 million Population growth
rate 2.3 Languages French,
English Kinyarwanda, Kiswahili
Currency Rwanda Franc 546 R.Fr 1US
(Oct.07) GNI per capita (US) 250

Source World Development Indicators database,
April 07
11
Burundi

Area 27,830km2 Capital Bujumbura
Population 8 million Population growth
rate 3.7 Languages Kirundi, French,
Swahili
Currency Burundi Franc B.Fr 1,118 1US
(Oct.07) GNI per capita (US) 100

Source World Development Indicators database,
April 07
12
Statistics
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• Examples of Key Issues

(not in order of importance)

• Kenya DK - similarities diff. / linking
• Passion
• East Africa one unit (E.A.C.) till 1977 -
  common infrastructure (transport RH, airways,
  tax, customs, shs etc) - free cross-border
  trade/movements

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• Protectionism - forex - import licences -
  State-owned/controlled key sectors
• Single-party/Multiparty 1992
• - observe politics - but do your business
• Liberalisation of economy - forex -
  privatisation - licensing (requirements slightly
  reduced)
• - IFC/WB Kenya amongst top for improvements
• Freedom of the Press

15

• Kenya 3rd largest industrial base south of
  Sahara, north of South Africa
• Comesa / New EAC
• Regional / Continental hub / communication /
  global acceptance
• Middle Class

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• Resource base - human - labour -
  agriculture/horticulture/floraculture -
  minerals/oil?
• Major forex earners - tourism -
  horticulture/floriculture - savings from Kenyans
  abroad
• Recent Investments ex.
• Safaricom /Celtel /BAT /KBL /Magadi /IT
• NSE

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Recent Survey Results
1. We consider that our companys prospects in
the year 2007 are better than our results for
2006 in terms of
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2. Our operations are adversely affected by
unsatisfactory
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3. Mains power supply is not a serious problem
for us because we have our own standby generator
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4. Our operations and prospects for further
development are adversely affected by corruption
as regards
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5. We consider the general business situation for
our company, compared to a year ago has
6. As things stand at present, we are
contemplating
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7. In the present economic circumstances, what,
in your opinion, are the most important measures
government should take to encourage economic
growth?
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Reasons other than business to visitE. Africa
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Thank you