In 2014 Kenya sold its maiden eurobond, raising $2.8bn in the process. It was an important step forward as accessing dollar-based credit has been crucial to scaling up infrastructure spending and has helped diversify funding sources.
In 2014 Kenya sold its maiden eurobond, raising $2.8bn in the process. It was an important step forward as accessing dollar-based credit has been crucial to scaling up infrastructure spending and has helped diversify funding sources.
The capital markets in Kenya have witnessed many years of sustained and rapid growth. This performance, phrased as one investor as “Africa in fifth gear”, reflects the broader macroeconomic fundamentals of the country’s economy, which is set to strengthen further in 2017 as a result of ongoing government spending on infrastructure and the...
Since assuming office in 2013, President Uhuru Kenyatta has been busy reaching out to old allies in the West, such as the UK and the US, and strengthening relationships with rising powers, such as China and India. As the economic heavyweight of East Africa, the country has also played an important role in efforts at regional integration and at...
Ensuring clear frameworks for land rights, local content and legal authority are priorities for a variety of sectors in countries around the world. Kenya is no exception and authorities have been working to address these issues, which have come to the forefront as part of the current devolution process.
The country’s politics have changed markedly since the introduction of a new constitution in 2010. The final document, which had been debated in parliament for the greater part of two decades, has ushered in a more decentralised political system and structure that is meant to make the government more democratically accountable and responsive...
While efforts at regional integration on the continent have had mixed results, the EAC has been a standout success. The trading and Customs bloc has become an increasingly important driver of sub-regional growth and development, to an extent that far outstrips the performance of other African economic communities such as ECOWAS in West Africa...
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