Kenya's private sector experienced the strongest growth among eight major African economies in November, according to a report by S&P Global. This surge, with a Purchasing Managers' Index (PMI) of 55, surpassed even Nigeria's performance due to increased sales, new orders, and product launches.

• Kenya's PMI of 55 was the highest among surveyed African nations, outperforming Uganda (53.8) and Nigeria (53.6).
• The National Treasury attributed this growth to growing investor confidence and ongoing economic reforms, noting the economy is "moving with purpose."
• The PMI reading matches that of the Stanbic Bank Kenya Purchasing Managers’ Index and represents the highest since October 2020, driven by improved marketing and increased referrals.