Efforts to add more than 5000 MW of electricity generation capacity in Kenya – part of a push to improve electrification rates to 70% of households by 2017 – are leading to a jump in renewable projects, as well as cuts in end-user tariffs.
Kenya
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Despite high demand for cement in Kenya, profit margins in the sector remain under pressure, as competition ramps up.
Economic update | Kenya aims to work the land harder
21 May 2015
A number of initiatives to improve irrigation and fertiliser supplies are under way in Kenya to boost productivity as the country looks to expand its primary agricultural output to ensure food security and support value-added industries.
With demand for real estate in Nairobi sending property prices soaring on the back of rapid urbanisation, nearby counties are also seeing an uptick in activity as developers look to channel funds into satellite cities and commuter towns.
A number of capital upgrades at Kenya’s airports this year should help improve passenger capacity and airline access, increasing the country’s ability to handle more traffic every year.
The insurance industry in Kenya is expected to see a round of consolidation this year, as operators in the fast-growing sector look to not only increase market share but meet higher capital requirements.