The country has a huge need to develop infrastructure and provide services, and the government acknowledges that it cannot succeed alone. Gabriel Negatu, the African Development Bank’s (AfDB) regional director for East Africa, told OBG that Kenya had a KSh206.7bn ($2.3bn) gap to fill in financing infrastructure for which the private sector...
Kenyans have a talent for making technologies and new ways of doing business work where other markets have failed. Bancassurance – or collaboration and integration between banks and insurance companies – has been tried in many African markets. In Kenya it is increasingly central to insurance and has already driven a few high-profile takeovers...
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,...
The pilot phase of Kenya’s special economic zones (SEZs) is expected to be in force in the first quarter of 2016, after President Uhuru Kenyatta signed the law in September 2015. The government aims to set up the first three zones in Kisumu, Mombasa and Lamu. In June 2015 Cabinet Secretary of the National Treasury Henry Rotich stated in his...
What were the sticking points during the negotiation of the 2014 economic partnership agreement (EPA) with the EAC?
The shilling has depreciated steadily against the dollar in 2015. In your view, what impact has this had on the Kenyan economy?
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