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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