Major investments in housing and infrastructure have set Kenya’s construction industry, which accounts for 4% of GDP, on course for sizeable expansion in the near term.
Kenya
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The banking sector in Kenya is notably diversified, thanks in large part to the country’s efforts to boost financial inclusion. Kenya’s predominant mobile money platform, M-Pesa, is perhaps the best known example, but other elements of the Kenyan system, such as savings and credit associations, microfinance and agency banking, also underscore the diversity and innovation within the sector. The...
As East Africa’s largest economy, Kenya has seen its economy grow by more than 4% for the last three years, according to data from the World Bank, while an improvement in fiscal indicators and a new constitution encouraging devolution have helped to improve governance and the public balance sheet.
A historic transition is under way in Kenya that could have profound implications for its economy: as part of the implementation of its 2010 constitution, the national government is devolving about a third of its powers and responsibilities to 47 newly created counties. The ultimate objective of the process is to usher in a more decentralised approach to public service delivery, which, while...
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Chapter | Legal Framework from The Report: Kenya 2014
OBG introduces the reader to the different aspects of the legal system in Kenya, in partnership with Anjarwalla & Khanna. OBG talks to Karim Anjarwalla, Managing Partner, Anjarwalla & Khanna.