Economic Performance & Transformation
Economic Stability
Increased incomes GDP at 4.9% Q3 2025. Kenya now 6th largest economy in Africa from 8th position three years ago.
Lower interest rates Average borrowing rate down from 17.22% in Nov 2024 to 14.82% in Dec 2025
Higher prices Of agricultural export crops e.g. coffee from 9.6% in 2022, to 4.6% currently.
Credit Rating Standard & Poor's has upgraded Kenya's sovereign credit rating from "B-" to "B".
Lower cost of living Inflation down from 9.6% in 2022 to 4.6% currently.
Stable exchange rate Shilling stabilised at KSh 129 from KSh 160 for two years.
Foreign exchange reserves Currently at $12 billion providing 5.3 months import cover.
Nairobi Securities Exchange Best-performing exchange in emerging markets. NSE gained KSh 1 trillion; NSE 20 Index > 3,000.
Transformation: Fundamental shift rather than incremental improvement e.g.
Agriculture productivity through farmer registration, subsidised inputs – fertilizer, and value chain approach.
Financing infrastructure projects through PPP instead of on budget.
Hustler Fund for financial inclusion and rehabilitation of borrowers.