Kenya trade expansion requires enhanced risk protection

As Kenya expands its trade ambitions, there is a growing call to match increased trade volumes with more sophisticated risk protection. The movement of goods across borders is central to the national economy, impacting jobs, working capital, and business continuity.

Experts suggest that marine cargo insurance must evolve beyond a mere administrative requirement for import clearance. Given the complexities of modern supply chains—including unpredictable shipping costs, climate-related risks, and changing laws—robust insurance is viewed as essential trust infrastructure. This is particularly relevant as Africa pursues the African Continental Free Trade Area (AfCFTA) goals, which aim to create a single market for 1.3 billion people and significantly boost continental income by 2035.