Kenya has a population of over 47 million people and an area of 580,367 km2. Its capital is Nairobi and its currency is the Kenyan shilling. Kenya launched Vision 2030 in 2008 to make it a middle-income country by 2030 through industrialization. The lubricant market in Kenya is growing as vehicle ownership increases, particularly for second-hand cars and motorbikes used as taxis. Major companies like Total and Sinopec are launching new lubricant brands in Kenya to target industries, manufacturers, and the automotive sector.
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Kenya Lubricant Market
Kenya has a population of over 47 million people and an area of 580,367 km2. Its capital is Nairobi and its currency is the Kenyan shilling. Kenya launched Vision 2030 in 2008 to make it a middle-income country by 2030 through industrialization. The lubricant market in Kenya is growing as vehicle ownership increases, particularly for second-hand cars and motorbikes used as taxis. Major companies like Total and Sinopec are launching new lubricant brands in Kenya to target industries, manufacturers, and the automotive sector.
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KENYA PRESENTATION
KENYA Profile
Area: 580,367 Km2
Population: 47,564,296 Approx. Currency: 1 Kenyan Shilling (Kes)= 1.53 Pkr Capital City: Kampala (Pop. 1.7 Million) Per Capita: $2,010 , GDP: $99.24 Billion Natural Resources: Limestone, Salt, Znic, Oil & Gas. Agriculture Products: Coffee & Tea Industries: Agriculture, Forestry, Fishing & Manufacturing KENYA Profile Towards Vision 2030 Kenya Vision 2030 was launched in 2008 as Kenya’s development blueprint covering the period 2008 to 2030. It was aimed at making Kenya a newly industrializing, “middle income country providing high quality life for all its citizens by the year 2030”. The Vision was developed through an all-inclusive stakeholder consultative process, involving Kenyans from all parts of the country. Lubricant Market Lubricant Market The African Automotive Lubricants market is seeing increasing demand as vehicle purchases across the region continues to increase.
In Kenya second hand vehicles ratio 80%
Around 80% of the Motorbikes used as Taxi.
Total, in partnership with Bajaj Auto, recently unveiled a
new lubricant for motorbikes
Chinese oil giant, Sinopec, has launched its lubricant
brand in Kenya, making a foray into the fast-growing segment of the country's market. Lubricant Market