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Browsing: East Africa economic outlook 2024
- East Africa is set to outshine other regions in 2024 growth with Rwanda, Kenya, Tanzania and Uganda posting impressive numbers.
- This year, Africa’s overall growth is forecasted at 4 per cent, a notable increase from 3.3 per cent in 2023.
- These are findings of a new Africa 2024 outlook report by Stears, an economic analysis and data-driven insights provider.
The prevailing economic woes in Kenya are projected to continue in 2024 with persistent currency depreciation and inflationary pressures taking toll on individuals and businesses. This is according to a new Africa 2024 Outlook report by Stears, a Nigeria-based economic analysis and data-driven insights company.
Already, the latest statistics show that the Kenyan Shilling has already breached the 160 mark against the US dollar.
Stears’ 2024 Outlook delves into key African countries, specifically Kenya and the continent’s powerhouse Nigeria, projecting persisting economic challenges for both economies.
he macroeconomic analysis …
