Key View:

• We maintain the view that international and regional grocery retailers will continue to benefit in Kenya due to the weakness of domestic retailers. The latest case in point is Shoprite's expansion in the country, opening its second store in March 2019.
• Rising disposable incomes, favourable young adult demographics and rise in mobile

Key View

• We at Fitch Solutions expect that headwinds to growth in private consumption, investment and exports will see Kenya’s economy expand at a slower pace in 2019.
• The ongoing cap on bank lending rates – which will continue to dampen credit growth – and rising inflation will constrain growth in private investment and household consumption

Key View

• Following the government's announcements that the Lamu coal power plant will be delayed, we have pushed back our forecasts for the project to 2024. We expect that widespread domestic opposition, court challenges and feedstock supply issues will remain key factors hampering the project's progress.
• We also expect that the development of

Key View: We hold a positive outlook for the Kenyan consumer from 2019 onwards. While inflation and unemployment remain a risk, strong growth in incomes and the wide adoption of transactional technology (e.g. mobile payment systems) will boost consumer spending over the coming years. 

Our Country Risk Team forecasts a moderation in growth for

Key View

• We believe that Kenya's rapid urbanisation will increase the congestion levels of its large cities, which will place pressure on the government to provide more mass public transportation solutions, such as buses, over our 2019-2028 forecast period.
• The urban population of Kenya will triple in size between 2015 and 2050, from 12.1mn to

Key View

• We at