The World Bank has downgraded Kenya’s growth projection for the year to 4.7 percent, levels matching the pre-pandemic slowed rate of 4.6 percent, from an earlier forecast of five percent. In the latest Kenya Economic Update the bank said the slower growth is due to a number of issues experienced in the year including the…...
Trending
- Kenya Airways: Habil Waswani appointed interim CEO
- Moody’s Downgrade: Senegal Facing the Urgency to Reinvent its Financing Model
- Alan acquires Senegalese company Tanel
- DRC: Sofibanque increases its total assets to 1.44 billion USD in 2025
- Guinea: Kox Gomba replaces Chris Aitchison as head of Rio Tinto Simandou
- Egypt: Banque Misr UAE targeted by a proposal for American sanctions
- Edition: The dividend payment date for the company NEI-CEDA set for September 10, 2026
- Zimbabwe: President’s daughter-in-law arrested with morphine and 9 million dollars
World Bank cuts Kenya’s 2024 economic growth to 4.7 percent
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com