Geothermal energy project in Menengai, Kenya. AfDB support for Kenya focuses on addressing shortfalls in infrastructure — including energy — and employable skills. Photo by: AfDB

Kenya is well-situated to become an economic powerhouse: It has a stable political and social climate, and has made great strides in boosting its private sector. The recent discovery of oil, gas and coal has fueled optimism about Nairobi’s future even further.

The East African country, however, has not lived to its potential. Although its gross domestic product has been improving at moderate levels over the past few years, growth has been lower than the regional average. Insufficient infrastructure, corruption and an unskilled workforce are among the factors impeding Kenya’s economic growth.

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About the author

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Aimee Rae Ocampo

In her role as editor for business insight, Aimee creates and manages multimedia content and cutting-edge analysis for executives in international development. As the manager of Development Insider, Devex's flagship publication for executive members, she is constantly on the lookout for the latest news, trends and policies that influence the business of development.

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