NAIROBI, KENYA | Xinhua | Kenya has more than doubled its power imports from neighboring countries amid increased demand, the national bureau said in a new economic report released on Friday. The Kenya National Bureau of Statistics (KNBS) said the country imported 706.9 million kWh of electricity from Ethiopia and …
Read More »Kenya slumps into first recession in two decades
As Kenya becomes the latest African country to succumb to the economic fallout of the virus, can its economy rebound in 2021 as a deadly second wave sweeps the continent? | TOM COLLINS | Kenya’s economy slumped into a recession for the first time in almost two decades after GDP …
Read More »Kenya’s exports to EAC surpass pre-COVID-19 period
Nairobi, Kenya | Xinhua | Kenya’s exports to countries in East African Community (EAC) have surpassed the pre-COVID-19 period, with the pandemic seemingly catalyzing trade. The exports to Uganda, Tanzania and Rwanda recovered from May, sustaining an upward trajectory to August, new economic data from government statistics agency released on …
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