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The economy of Kenya is market-based with a few state enterprises. Kenya has an emerging market and is an averagely industrialised nation ahead of its East African peers. Currently a lower middle income nation, Kenya plans to be a newly industrialised nation by 2030. The major industries driving the Kenyan economy include financial services ...
The following is a list of Kenya's richest. It is based on an annual assessment of wealth and assets compiled and published by Forbes magazine.. Kenya is the largest economy in the East African Community, the 4 largest economy in Sub-Saharan Africa, with a gross domestic product of US$120.87 billion as of 2020 up from US$70.539 billion in 2017.
(Bloomberg) -- Kenya is expected to buck the trend of monetary policy tightening among emerging markets, even as pressure mounts for it to hike its benchmark interest rate. Most Read from ...
Livestock trends in ASALs between 1977 and 2016 show cattle declined by 26.5%, while sheep and goats increase by 76% and camels by 13.3%. Climate change could result in the loss of 52% of the ASAL cattle population (or 1.7 million cattle) at a cost of US$340–680 million to the economy.
(Bloomberg) -- Kenya’s central bank unexpectedly raised its key interest rate for the first time in almost seven years to anchor inflation expectations as concerns about commodity prices build.
Imperial Bank Kenya (In receivership) [22] Kingdom Bank Limited. Kenya Commercial Bank. Mayfair Bank [23] [24] Middle East Bank Kenya. M Oriental Bank. National Bank of Kenya. NCBA Bank Kenya [25] Paramount Universal Bank.
The 1998 United States embassy bombings were attacks that occurred on August 7, 1998. More than 220 people were killed in nearly simultaneous truck bomb explosions in two Capital East African cities, one at the United States Embassy in Dar es Salaam, Tanzania and the other at the United States Embassy in Nairobi, Kenya.
The economy of Kenya is the largest by GDP in East and Central Africa. Agriculture is a major employer; the country traditionally exports tea and coffee and has more recently begun to export fresh flowers to Europe. The service industry is also a major economic driver. Additionally, Kenya is a member of the East African Community trading bloc.