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Economic Update | Housing drive puts Kenya construction on growth path

27 Nov 2014
Kenya construction
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. 

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...

Economic Update | Kenya pursuing manufacturing growth

13 Jun 2014
Kenya’s government is currently considering the final iteration of a bill that would establish three special economic zones (SEZs) within the country. The SEZs will allow lower levels of taxation and...