Kenya’s Economy Projected to Grow by 5.6% This Year, Exceeding Last Year’s 4.7% Growth: President

The forecast exceeds the African Development Bank’s (AfDB) May projection of 5.0% growth for Kenya, which the bank attributes to the country’s economic resilience despite persistent global and domestic challenges.

The African Development Bank (AfDB) attributed its positive outlook to strong growth in two key areas:
The agricultural sector
Vital service industries, particularly fintech and mobile money