Enterprise Singapore's Director for Middle East & Africa Rahul Ghosh, poses for a photo with Liane NG the regional director for East Africa during a media roundtable in Nairobi, Kenya.
Unlocking East African Market Access: Enterprise Singapore
Singaporean companies are increasingly looking to Africa for growth opportunities, particularly in sectors like manufacturing, logistics, and agri-commodities. With the interest being driven by Africa's large and growing consumer market.
Enterprise Singapore (EnterpriseSG) aims to facilitate connections between Singaporean companies and the broader East African Community (EAC) market, through Kenya as an entry point to the bloc. It is part of a wider effort by the ‘Lion City’ to strengthen its economic ties with Africa and position itself as a key partner for growth and development.
Rahul GHOSH, the director for Middle East & Africa at Enterprise Singapore, says the agency is embarking on a determined drive aimed at enhancing the bureau’s role as a key office supporting Singapore-based companies to improve their productivity, build their innovation capacities, and expand into overseas markets.
“As a standards body for the Singapore government, we have multiple mandates, including positioning Singapore as a hub for technology and commodity trade.
From a hub’s perspective, why Kenya? Kenya is a key gateway to the region…it is also a financial hub for the EAC bloc and it has a strong, sophisticated and mature private sector which is both regional and Pan – African in nature,” said Rahul in an exclusive interview with the Financial Fortune Media.
Noting that, Kenya “is going to be an important part of the global supply chain and you will see more of Singapore companies manufacture goods here to service those export needs in the world using Kenya as an export base,” in readiness for the African Continental Free Trade Area (AfCFTA) boon which is expected to accelerate intra-African trade and investment, and create a large common market.
This was his rallying call ahead of the Africa Singapore Business Forum 2025 (ASBF) slated for 26 to 28 August at the Grand Copthorne Waterfront – a platform touted for business exchange and thought leadership between the Asian country and Africa.
“It is a meeting point for businesses not just from Kenya but also the continent to start conversations on collaborations and partnerships with Singaporean firms on various sectors, including sustainability, new consumer trends in Africa, among others.”
Since it was launched in 2010, ASBF has brought together over 5,000 business and government leaders from over 50 countries to explore partnerships and growth opportunities between the two regions, with this year’s forum expected to further foster trade between Africa and Asia.
Liane NG, Enterprise Singapore’s Regional Director for East Africa, believes that the African market, as is currently structured, presents strong potential for Singaporean brands keen on expanding across the East African region through Kenya.
“The Kenyan market is key for us, with high-growth opportunities in energy and sustainability, consumer goods, digital tech, and the built environment. These are sectors that some Singapore companies (here in Kenya) are already exploring…but we see growth potential here.”
Indeed, Singaporean companies are increasingly looking to Africa for growth opportunities, particularly in sectors like manufacturing, logistics, and agri-commodities. With the interest being driven by Africa’s large and growing consumer market.
AfCFTA, particularly, and the increasing digital adoption in Kenya, coupled with a local talent pool, for instance, are some of the key ingredients that Singaporean businesses are tapping into to grow their brands into the region, according to Rahul.
Useful data:
Some of the Singaporean brands with operations in Kenya
Pacific International Lines (PIL). A container shipping company.
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