Kenya Economy

Kenya's Economy

Assessing the economic situation in Kenya in terms of its desirability for foreign businesses is a somewhat complex task, not nearly as straightforward as it can be in many other nations. The mixture of progress, opportunities, and significant threats and hindrances in the country make it seem quite attractive to foreign business entities in certain ways, while at the same time the prospects these businesses face are less definite and secure than is typically desired. In terms of pure economic growth, Kenya appears to be doing quite well both in absolute terms and when compared to the rest of the world -- and extremely so when compared to the bulk of the African continent, and especially sub-Saharan Africa. GDP growth faltered during the years of the global recession, as would be expected, but Kenya's economy seems to have suffered less and has begun to recover faster...
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