Public Management

Kenya: 2018’s growth was 6.3% thanks to contributions from agriculture

Kenya: 2018’s growth was 6.3% thanks to contributions from agriculture
Friday, 26 April 2019 15:58

In 2018, Kenya’s growth reached 6.23% thanks notably to the agriculture sector favored by good rainfall, the Office for National Statistics indicated on April 25, 2019.

In 2019, the growth was slowed down to 4.9% due to drought and tensions created by a long electoral process.

Zachary Mwangi, director of the national office for statistics, explained the agriculture sector (which represents close 1/3 of the GDP in Kenya) grew by 6.6% against 1.7% in 2017.  

Recently, the World Bank revised the country’s 2019 growth downward to 5.7% due to the late onset of the main rainy season.

As far as the government is concerned, the 2019 growth should be 6.3%.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Tamini General Insurance has launched operations as Uganda’s first Islamic insurer. The company offers Takaful, a risk-sharing model aligned with...
Nigeria’s gross external reserves rose to $50.45 billion on Feb. 16, their highest level in 13 years. The reserve stock covers 9.68 months of...
Cameroon Treasury bill demand rises to 84.84% in January Rate surpasses CEMAC regional average of 69.04% Average yield falls to 6.87%, easing...
Verdant Capital structured a $5 million equity placement for Polysmart Packaging Group. The funds will expand food-grade recycled PET production...
Most Read
01

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
02

Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...

Amazon Turns to Kenya as Its Next Low-Orbit Satellite Internet Bet in Africa
03

Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...

Algeria’s NESDA, ASICOM Sign SME Investment Deal; Funding Details Unspecified
04

DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...

DRC seeks ITC support to advance battery mineral value chains
05

BOAD says sovereign bond purchases are liquidity management Member states accelerate borrow...

BOAD Defends Sovereign Bond Purchases as Liquidity Management, Not Budget Support
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.