Kenya’s real GDP growth will next year trail the performance of its East Africa Community (EAC) partners except Tanzania and Burundi, new projections by the African Development Bank (AfDB) show, partly hurt by inflationary pressures.
The bank’s newly released annual Africa economic outlook report shows that Kenya’s GDP growth is projected to slow down to 5.7 percent in 2023 from 5.9 percent this year—the third-lowest within the seven-member bloc.
