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.
The country has a strong private sector and received encouraging forecasts of new oil, gas and water reserves, which if harnessed appropriately bode well for future growth. While a pending international court case resulting from prior elections provoked a measure of uncertainty, the country’s medium to long-term economic outlook is robust. With over 40% of the population under the age of 15, Kenya stands to benefit from a significant demographic dividend, provided that sufficient jobs can be found when this population bulge enters the workforce. The country has a reasonably sized industrial base, competitive infrastructure and a large agricultural sector, all of which offer opportunities for capital-intensive investment.
Concrete measures: OBG talks to President Uhuru Kenyatta
OBG talks to Richard Sezibera, Secretary-General, East African Community (EAC)
OBG talks to Henry Rotich, Cabinet Secretary, National Treasury
OBG talks to Vimal Shah, Chairman, Kenya Private Sector Alliance (KEPSA)
OBG talks to Moses Ikiara, Managing Director, Kenya Investment Authority
OBG talks to Mbuvi Ngunze, CEO, Kenya Airways
OBG talks to Adan Mohamed, Cabinet Secretary, Ministry of Industrialisation and Enterprise...
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