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Kenya’s economy experienced a robust recovery in 2023, with its Gross Domestic Product (GDP) reaching $107.44 billion, reflecting a 14% growth compared to 2022 (Source: World Bank). The construction sector played a vital role, contributing 6.6% to the GDP, driven by a surge in residential, commercial, infrastructure and industrial projects fueled by rapid urbanization. As […]
...Author: Clyde Oakes, Head: Public Sector at Absa Regional Operations The development of infrastructure on the African continent is a crucial driver for sustainable economic progress. Africa’s ailing infrastructure deficit has hampered its growth compared to other economies. The flipside to this challenge should allow African countries the opportunity to advance to new, and more […]
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