Why Kenya’s economic prospects look promising

Despite demolition such as these rental houses in Nyamavila Estate Kayole, the economy remains resilient due to its diversity. [Jonah Onyango, Standard]

The year 2018 marked a turning point in Kenya’s economic growth. Projections suggest growth will be on an upward trend till 2022.

The World Bank in April 2018 explained this growth: “The economic expansion has been boosted by a stable macroeconomic environment, low oil prices, rebound in tourism, strong remittance inflows, and a government-led infrastructure development initiative.”