The Report: Kenya 2017
Even amid a broader downturn in many African markets, Kenya has consistently been one of sub-Saharan Africa’s most reliable performers.
Even amid a broader downturn in many African markets, Kenya has consistently been one of sub-Saharan Africa’s most reliable performers.
The largest economy in the EAC, Kenya is a major player in both the region and sub-Saharan Africa as a whole. Over the past few decades its market has transformed from being largely agrarian into one of the most diversified and innovative on the continent, even developing a thriving technology sector that some have dubbed the Silicon Savannah. However, the nation is not without its challenges, and it remains a country of extremes with a largely undeveloped arid north. Job creation, particularly for the country’s large youth population, is low, sustaining a large informal economy. Kenya benefits from a strong agricultural sector, but this leaves it exposed to climate volatility, and disparities in rural development.
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