According to the World Bank, Kenya has experienced the least adverse impact on its currency in comparison to its counterparts in the Africa. The Africa Pulse 2016 edition report prepared by World Bank states that Kenya is one of the two countries in sub-Saharan Africa experiencing robust growth. Followed by Cote d’Ivoire. Central Bank of Kenya (CBK) was praised for adopting prudent interventions in its monetary policies thus protecting the economy from the negative effects of external and internal shocks. The report also registered that growth in Sub-Saharan Africa had declined last year to 3.0 per cent from 4.5 per cent in 2014. The decline was attributed to rising costs of borrowing low, commodity prices and weak global growth .
This is definitely good news for those seeking to invest in the country as the economic ambience is favourable in comparison to Kenyas peers in the continent.