A consensus outlook from 14 firms indicates the economy will likely expand 5 percent compared with a 5.1 percent projection ...

The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.

Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the ...

Kenya plans to limit its fiscal deficit to 4.5% of GDP in 2025/26, revising the budget to address economic challenges.

CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...

Following the devaluation of Ethiopia's currency, Kenya is on course to surpass Ethiopia as the region's largest economy by ...

Despite President William Ruto’s relentless pursuit of investors through more than 40 foreign trips, World Bank data shows ...

Despite the new development, concern is still rife as global factors threaten to stifle projected development.

The IMF estimates Kenya’s gross domestic product (GDP) will rise to $132 billion in 2024, overtaking Ethiopia’s expected $117 ...

CS John Mbadi is leading a delegation to the US for high-level talks with the IMF and World Bank during the 2025 Spring ...

On the development ladder, East Africa’s climb is emerging—but uneven. Kenya leads as the only country in the bloc recognised ...

Kenya is projected to surpass Ethiopia as East Africa's largest economy in 2025, according to new data from the International Monetary Fund. The IMF forecasts Kenya's GDP will reach $132 billion next ...