Major investments in housing and infrastructure have set Kenya’s construction industry, which accounts for 4% of GDP, on course for sizeable expansion in the near term.
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Economic Update | Housing drive puts Kenya construction on growth path
27 Nov 2014
Economic Update | Kenya moves to harness geothermal potential
19 Aug 2014
In a move to tap into its vast geothermal energy resources, Kenya recently invited bids for the construction of two new power plants, representing another step forward in its 2017 target to boost...
Economic Update | Eurobond debut in Kenya
24 Jul 2014
Setting a new record for a maiden sovereign issuance in Africa, Kenya successfully tapped the Eurobond markets for the first time in June, selling $2bn worth at better-than-expected rates.
Economic Update | Kenya devolution still evolving
9 Jul 2014
Devolution in Kenya is still in its early stages, and there have been growing pains with complications relating to funding and concerns over governance, but a spate of new initiatives is looking to...
Economic Update | Initial public offering to boost Kenya’s capital markets
25 Jun 2014
The Nairobi Securities Exchange (NSE) is set to demutualise in the coming months and sell equity in an initial public offering, an important step in Kenya’s plan to grow its financial sector. The...