Africa Economy

As an emerging market, Kenya benefits from a number of competitive advantages, not only within East Africa but also within the wider continental context. The country has recently undergone a significant overhaul of its governmental system, devolving key powers to local counties, while a spate of underground discoveries have prompted new interest in the hydrocarbons...

In mid-2014 Kenya’s fiscal position was a mixture of positives and negatives, with the country benefitting from a position of comparative stability while facing up to a selection of potential future risks. The government’s task currently is to maintain fiscal discipline across both national and local balance sheets, while at the same time embarking on development...

Kenya, in many ways, is a country so diverse and multifaceted that it is difficult to sum up in a single sentence. It is among other things: one of the world’s most popular tourist destinations; an economic heavyweight with diplomatic clout; a storied trading post along the Indian Ocean; a country of incredible natural beauty and wealth; and a nation of rich ethnic and...

Devolution represents the most significant reform to Kenya’s political institutions since independence in 1963, although it has been a constant construct of national political dialogue over the past half-century. British resistance to devolution, mainly to protect settler interests and those of allied tribes, gave way to provincial devolution post-independence, but...