Kenya’s economic outlook for the years ahead looks robust, despite recent challenges such as a trade deficit and rising debt. Following 2014’s GDP rebasing, the country is now East Africa’s largest economy and boasts a prominent profile in the EAC. According to official forecasts, growth is expected to be around 6.5-7% in 2015 and to continue at a similar level for the coming years. This...
Economy
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Chapter | Country Profile from The Report: Kenya 2016
Kenya has undergone a significant political and governance transformation over the last five years. New measures to encourage a more stable and democratic system have been ushered in, changing the way Kenyans are governed and how the different layers of administration interact. These structural alterations are good news for the country, although there are still challenges as it looks to...
Kenya is one of the economic and political heavyweights of East Africa. Despite recent security issues, it is recording strong economic growth and maintaining its leading position in the region. Recent discoveries of new oil, gas and water reserves and a young population give further cause for optimism, and the government is working to put the right policies into place to maximise the country’s potential.
Articles & Analysis | Tips for travellers in Algeria from The Report: Algeria 2015
ETIQUETTE: Algerians are warm and welcoming, and hospitality is a dearly-held value.
Articles & Analysis | Greater private sector participation in key Algerian state enterprises from The Report: Algeria 2015
While the state remains a major player in the Algerian economy, recent years have seen an impetus towards the sale of stakes in public enterprises. In the mid-2000s the government had plans to privatise a majority stake in the state-owned bank Crédit Populaire Algérie (CPA) and a minority holding in fixed-line telecoms operator Algérie Telecom...
Articles & Analysis | Efforts under way to support Algeria's small and medium-sized enterprises from The Report: Algeria 2015
The Algerian government, with the backing of foreign donors, has been making efforts to develop the country’s small and medium-sized enterprises (SMEs). There are around 900,000 SMEs and, in October 2015, Rabea Kherfi, secretary-general of the Ministry of Industry and Mines, told media that the failure rate of companies in the segment had...