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Global economists forecast Kenya growth at 5.2 percent
KWFT and the African Guarantee Fund have signed a Sh725 million risk-sharing partnership agreement to expand lending to women-led or women-owned small and medium enterprises in Kenya.
The world’s leading banks, consultancies, and think tanks have marginally raised Kenya’s growth prospects, citing increased private sector expenditure in an economy where inflationary pressures remain elevated.
A consensus forecast from 14 global firms shows the gross domestic product (GDP) — a measure of all economic activities by the government, companies, and individuals — will likely grow at 5.2 percent in 2024.
