Search

Economy

World Bank Cuts Kenya’s 2025 Growth Forecast to 4.5% Over Debt and Credit Woes

2 min Read Time

The World Bank has revised Kenya’s 2025 economic growth forecast downward to 4.5%, from a previous estimate of 4.7%, citing mounting public debt, high lending rates, and shrinking credit to the private sector as key constraints. In its latest regional economic outlook, the Bank warned that Kenya’s d.......

This Article is Locked!

Experience exclusive content for free! We’re unlocking all features for new members, but this access won’t last forever. Don’t miss your chance—secure your spot now!



Related Articles

Read article
Kenya’s New PPP Models Open Infrastructure Opportunities for Local Firms After Adani Exit
Economy

Kenya’s New PPP Models Open Infrastructure Opportunities for Local Firms After Adani Exit

Kenya is ushering in a new era of infrastructure development through revised Public-Private Partnership (PPP) models aimed at boosting transparency, empowering local investors, and reducing...

Read article
Kenya Targets Lower Fiscal Deficit in 2025/26 as Austerity Drive Intensifies
Economy

Kenya Targets Lower Fiscal Deficit in 2025/26 as Austerity Drive Intensifies

The Kenyan government has unveiled plans to reduce its fiscal deficit to 4.5% of Gross Domestic Product (GDP) for the 2025/26 financial year, down from...

Read article
Investors Secure Ultra‑Long Leases for Bomas Hotel & Shopping Complex
Economy

Investors Secure Ultra‑Long Leases for Bomas Hotel & Shopping Complex

The Kenyan government is opening up a major investment opportunity at the iconic Bomas of Kenya, offering ultra-long leases to private investors for the development...

Read article
KeNHA Begins Construction of Sh85 Billion Isiolo–Mandera Highway, Funded by World Bank and AfDB
Economy

KeNHA Begins Construction of Sh85 Billion Isiolo–Mandera Highway, Funded by World Bank and AfDB

The Kenya National Highways Authority (KeNHA) has officially broken ground on the ambitious 749-kilometre Isiolo–Mandera highway, a transformative infrastructure project expected to cost Sh85 billion....

Read article
Economy

High Court Backs KRA on Excise Duty for Water Refilling Businesses: Bottled Water Prices Set to Rise

In a ruling that could ripple across households and low-income neighborhoods, the High Court has dismissed a petition by a group of traders challenging the...

Read article
High Court Blocks Auction of Tuju’s Karen Estate Amid Sh4.5 Bn Loan Dispute
Economy

High Court Blocks Auction of Tuju’s Karen Estate Amid Sh4.5 Bn Loan Dispute

Former Cabinet Secretary Raphael Tuju has secured a significant legal reprieve as the High Court extended orders barring the East African Development Bank (EADB) and...