Kenya’s economic growth is likely to increase to an average of six per cent throughout 2020 to 2023, according to a new report from the Economist Intelligence Unit (EIU).
In a generally upbeat analysis of foreign exchange availability and commercial credit for businesses across five key sub-Saharan African economies, the London-based EIU says that key economic indicators in Kenya show that although inflation will rise to nearly six per cent this year the current account deficit should narrow to below three per cent by 2023.
