IMF projects Kenya’s economy to grow 4.8pc in 2025

The International Monetary Fund (IMF) projects Kenya's economy to grow by 4.8 percent in 2025 and 4.9 percent in 2026, a slight increase from the 4.7 percent estimated for 2024. This growth is supported by key sectors, though the IMF warns of persistent debt burdens.

NCBA forecasts 5% economic growth for Kenya in 2025

Kenya seeks new tourism products to boost economy, create jobs

Kenya plans to diversify its tourism offerings beyond traditional wildlife safaris to boost economic growth and create jobs, according to Deputy President Kithure Kindiki. This strategy includes leveraging non-traditional attractions and improved infrastructure.

Impact of high fuel prices on Kenya's economy

Ethiopian president says economy to grow 9 pct in current fiscal year

Ethiopia forecasts a 9 percent economic growth for the upcoming 2025/2026 fiscal year, building on a strong 8.8 percent growth in the previous year. This projection was announced by President Taye Atske Selassie, highlighting efforts to diversify the economy and achieve food self-sufficiency.

Regional units push Equity profit to Sh52.1b as Kenyan economy slows

Equity Group reported a significant surge in its third-quarter net profit, reaching Sh52.1 billion, a 32.66 percent increase, largely propelled by the strong performance of its regional subsidiaries. This growth comes despite an economic slowdown in Kenya, highlighting the success of the bank's strategy to expand beyond its domestic market.