AfDB forecasts Kenya’s economy to grow 4.6pc in 2026
The lender said that while the East African nation grew by an estimated 5 percent in 2025, the anticipated slowdown this year stems from heightened global uncertainty and rising fuel costs...
✨ Key Highlights
The African Development Bank (AfDB) forecasts Kenya's economy to grow by 4.6% in 2026, with a slight increase to 4.7% in 2027.
- This projected growth of 4.6% for 2026 trails the East African regional average.
- The AfDB is the key organization behind this economic forecast.
- Factors contributing to the anticipated slowdown include heightened global uncertainty, rising fuel costs, and potential political uncertainty ahead of the 2027 elections.
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KRA Customs Revenue Beats Target by Sh8bn - July 2026
The Kenya Revenue Authority's customs division exceeded its revenue target by Sh8 billion, reflecting strong performance in trade-related tax collection. This comes as the Kenya National Chamber of Commerce and Industry welcomed a one-month delay to higher cargo tax changes following consultations with KRA. Separately, the African Development Bank forecasts Kenya's economy will grow by 4.6% in 2026, with a slight increase to 4.7% in 2027.
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