economic growth Stories

Turkana unveils private sector engagement framework to foster urban development
Issa Hussein  |  Dec 15, 2024

Community representatives who spoke at the event expressed their commitment to promoting the public-private partnership.

World Bank cuts Kenya's 2024 growth estimate to 4.7 per cent on fiscal challenges
Reuters  |  Dec 10, 2024

Kenya has managed to stabilise its foreign exchange rate, boost hard currency reserves held by the Central Bank and lower inflation this year.

AfDB aims to boost infrastructure funding as Africa economic growth accelerates
Jill Namatsi  |  May 29, 2024

As Africa pursues economic growth, key issues include borrowing to finance key projects, as loans and other plans have left many countries struggling...

Kenya's economy grows 5.6 per cent on agriculture, forestry
Barack Oduor  |  May 20, 2024

KEBS said the 2023 growth was primarily driven by a 19 per cent expansion in agriculture, forestry, and fishing.

High lending rates expected to slow private sector credit growth - CBK survey
Bashir Mohammed  |  Apr 21, 2024

The survey found that high lending rates and tight credit underwriting are reducing the demand and uptake of new facilities.

New waste management initiative unveiled to support SME's
Lucy Mumbi  |  Feb 17, 2024

Business consulting, technical assistance, coaching, and financing will be provided to help bring new business models that adopt circular economy conc...

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