africanews.com·2 min read·medium
Kenya growth forecast lowered to 4.3%
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AfricaNews
✦AI Summary
The World Bank has lowered Kenya's economic growth forecast to 4.3% due to global energy price hikes and shipping disruptions caused by the US-Iran conflict. While agricultural gains provide some stability, the bank warns of increased poverty and potential investment delays due to upcoming 2027 elections.
Kenya's economic growth is expected to slow this year, with the World Bank cutting its forecast to 4.3 percent, citing the global fallout from the US-Israeli war with Iran.
economybusinessworld
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