• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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What can be done to encourage greater investment in Africa from German businesses?

 

As the largest economy in East Africa, Kenya has long played an important role in regional politics and trade deals. It is a founding member of both the EAC and the Common Market for Eastern and Southern Africa (COMESA) and, as such, has also been a key player in the negotiations forming the Tripartite Free Trade Area (TFTA). The latter was...

Chapter | Economy from The Report: Kenya 2017

Kenya was the sub-Saharan Africa’s fifth-largest economy in 2015 behind Nigeria, South Africa, Angola and Sudan, ranked 11th in inward foreign direct investment and is one of the few countries in Africa that is not primarily dependent on extractive revenues. This performance is not necessarily surprising given the country’s comparative advantages. The East African market has one of the highest...

Chapter | Country Profile from The Report: Kenya 2017

With approximately 44.2m inhabitants and an annual growth rate of 2.6%, Kenya is the seventh-most populated country in Africa. Demographically, it is also very young, with the average age around 18 years and more than 50% of the population under 25. The country’s politics have changed markedly since the introduction of a new constitution in 2010, devolving a significant amount of power to...

Even amid a broader downturn in many African markets, Kenya has consistently been one of sub-Saharan Africa’s most reliable performers.

 

ETIQUETTE: Work meetings begin with an exchange of greetings and a handshake. As is common throughout the region, personal relationships and networking are crucial for business interactions, and it is common to open a meeting by engaging in a casual discussion about health, family and travel. The...

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