The affordable housing initiative in Kenya is playing a pivotal role in driving the growth of the retail sector. According to the Cytonn Kenya Real Estate Retail Sector Report 2024, the government’s affordable housing project aims to deliver 250,000 units per year, significantly impacting the retail market by creating new demand for retail goods and […]
Kenya’s retail sector continues to attract significant foreign investment, contributing to its robust performance and growth. According to the Cytonn Kenya Real Estate Retail Sector Report 2024, increased foreign investor appetite for Kenya’s property market, particularly in the retail, hospitality, and industrial sectors, has been a key driver of the sector’s resilience and expansion. The […]
Kenya’s retail sector is poised for growth, particularly in undersupplied regions such as Kiambu and the Mount Kenya region. According to the Cytonn Kenya Real Estate Retail Sector Report 2024, these regions present significant opportunities for developers and retailers alike, driven by a growing middle class and high demand for quality retail spaces. The report […]
The real estate sector in Kenya has shown remarkable resilience and growth, contributing significantly to the nation’s GDP. In Q1 2024, the sector grew by 0.4%, raising its GDP contribution to 10.4%, a notable increase from 10.1% in the same period of 2023. This growth is driven by increased property transactions and developments, despite the […]
Kenya’s avocado industry has rapidly gained international recognition, becoming one of the country’s most lucrative agricultural exports. With the growing global demand for avocados, often referred to as “green gold,” farmers and investors are keen to explore the best regions and practices for cultivating this valuable crop. This article delves into the ideal conditions for […]
Introduction Kenya’s inflation rate has shown a significant decline, dropping to 4.3% in July from 4.6% in June 2024. This reduction is primarily driven by lower energy prices, marking a notable shift in the country’s economic landscape. This article delves into the factors influencing this change, the implications for the Kenyan economy, and what to […]
Kenya Power and Lighting Company PLC (Kenya Power) has announced its highly anticipated Management Trainee Program, opening the doors to a promising career for dynamic and talented individuals. This comprehensive program seeks to attract bright minds from various disciplines, providing them with the platform to develop their skills, gain invaluable experience, and contribute to the […]
Introduction Foreign Direct Investment (FDI) is a critical component of the economic relationship between the UK and Kenya. This article examines the trends in FDI between the two countries, highlighting key data and implications for future investment flows. Decline in UK FDI: Understanding the Numbers In 2021, the stock of FDI from the UK in […]
Introduction Kenya’s economic landscape is evolving rapidly, with various factors influencing its growth trajectory. This article delves into the economic projections for Kenya up to 2029, providing insights into expected trends, challenges, and opportunities for the future. GDP Growth: A Promising Outlook Kenya’s real GDP growth is projected to remain robust, with an estimated growth […]
Introduction Trade relations between the UK and Kenya have been a cornerstone of both nations’ economic strategies. As global markets shift and evolve, the bilateral trade relationship between these two countries remains critical for their economic stability and growth. This article provides a comprehensive overview of the current state of trade between the UK and […]
