Country Overview
Kenya, East Africa's most developed economy, boasts a GDP above $110 billion and serves as a pivotal trade hub for the region, leveraging its strategic location and advanced albeit small industrial base. The Port of Mombasa is East Africa’s largest seaport and a vital gateway for landlocked nations in East and Central Africa. Kenya's medium-term economic outlook is positive, with growth projected to recover to 5.1% in 2025 and 5.5% in 2026, driven by private investment, export growth, and consumer spending. Inflation has notably decreased, bolstered by a stronger shilling and a narrower current account deficit, leading the Central Bank of Kenya to reduce interest rates to stimulate economic activity. With improved liquidity, a favourable business climate, and controlled inflation, sectors such as agribusiness, infrastructure, energy, technology, and manufacturing are poised for growth, offering compelling opportunities for long-term investments.
Key Developments in 2024
Private Capital Activity
Kenya remained a leading destination for private capital
