World Bank sees marginal increase in Kenya’s growth rate

Some of the employees of Magman Manufacturer Ltd, in various processes of manufacturing shoes. [Nanjinia Wamuswa/Standard]

Kenya’s economic growth will accelerate only marginally in 2019, the World Bank has said.

According to the bank’s 2019 Global Economic Prospects report, the economic growth rate is set to rise by 0.1 per cent, from 5.7 per cent in 2018 to 5.8 per cent this year.