Kenya is moving ahead with plans to improve its transport infrastructure network, with a number of key projects expected to boost connectivity and regional trade.
Kenya
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Kenya accounted for the bulk of private equity (PE) and venture capital (VC) transactions by volume and value in East Africa in the last five years, and improvements to the business environment could see the country retain its lead going forward.
Kenya’s main power producer is looking to tap the bond market to fund the expansion of its green energy capacity, with renewable resources set to completely replace the country’s thermal electricity generation within 15 years.
Economic update | Kenya: Year in Review 2018
11 Jan 2019
A rebound in agriculture and a return to political stability have helped strengthen the momentum of Kenya’s economy in 2018, with the rollout of large infrastructure projects expected to see this growth continue in the medium term.
Kenya is set to review its incentive programme for charter flight operators, with a view to expand the scope of the scheme by adding to the list of countries covered by the policy and increasing the number of domestic destinations where the programme operates.
Articles & Analysis | The trend towards lower corporate taxes impacts both developed and developing economies from The Report: Kenya 2018
Recent decades have seen a downward trend in corporate taxation, with headline corporate tax rates falling by 20 percentage points since the early 1980s. The average for advanced economies dipped to 22% in 2015, and investment incentives have further reduced effective rates for transnational corporations. After the 2007-08 global financial crisis, many countries had to slash...