Kenya Implements New Economic, Financial, and Trade Strategies - October 2025

The Central Bank of Kenya (CBK) has reduced its benchmark lending rate by 25 basis points to 9.25 percent to boost private sector lending and economic growth. This marks the eighth consecutive rate cut as inflation remains stable. Separately, Kenya has launched its first comprehensive National Financial Inclusion Strategy (NFIS) 2025-2028, shifting its focus from mere access to promoting the financial health of its citizens. The country is also intensifying efforts to boost agricultural exports to Europe and expand into African markets. This initiative aims to revive the horticultural sector through aligning product standards and eliminating non-tariff barriers.