Business & Economy
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Kenya Adds 717,000 Jobs in 2025
Kenya added approximately 716,800 new jobs in 2025, with the overwhelming majority originating from the informal sector, reinforcing the nation's continued reliance on small-scale employment despite a slight dip in GDP growth. Motorcycle sales in Kenya more than doubled in 2025, reaching a four-year high, driven by a more stable Kenyan shilling and reduced interest rates on loans. The construction of a modern market in Iten significantly boosted youth employment, transforming the local economy and providing opportunities for hundreds of young people. Kenya has also launched a policy brief aimed at enhancing the role of small- and medium-sized enterprises (SMEs) in the nation's circular economy within the agri-food sector. Meanwhile, Kenya's agricultural sector's value grew to Sh1.75 trillion in 2025, despite a decrease in the production of key cash crops like tea and sugarcane, with farmers' overall earnings seeing a marginal increase.
KCB Launches Single-Digit Mortgage for Informal Sector
KCB Bank has launched a new mortgage product with single-digit interest rates specifically for individuals in Kenya's informal economy, aiming to boost homeownership. Kenya experienced a significant surge in mobile money subscriptions, reaching 51.4 million in 2025, according to the Kenya National Bureau of Statistics (KNBS). The Kenyan insurance industry is rapidly transforming from a transactional model to a data-driven, personalized approach, driven by evolving consumer expectations and the rise of platforms like Netflix and Amazon.
