Kenya Outlook for 2015-17 | glObserver Global Economics

The country (Kenya) is situated in Eastern Africa, bordering the Indian Ocean, between Somalia and Tanzania. It has borders with Ethiopia for 861km, Sudan for 232km, Somalia for 682km, Tanzania for 769km and Uganda for 933km. Land in Kenya is low plains rise to central highlands bisected by Great Rift Valley; fertile plateau in west.

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GDP increase remained robust in 2013 at 5.7% based on rebased statistics, and stood at 4.4%, 5.8% and 5.5% in the initial three quarters of 2014 compared with 6.4%, 7.2% and 6.2% in comparable quarters of 2013. According to the central bank’s economic monthly review of November 2014, increase was mainly supported by expansion in construction, manufacturing, finance and insurance, data, communications and technology, and wholesale and retail trade.

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Author: globserver

Director of Eyecom china

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