Africa: Ethiopia about to topple Kenya as the biggest economy in East Africa

Ethiopia about to topple Kenya as the biggest economy in East Africa Ethiopia’s economy is expected to overtake Kenya’s this year, buoyed by massive government spending on infrastructure that has kept the Horn of Africa nation on the list of the world’s fastest-growing economies in the past 10 years. The International Monetary Fund’s (IMF) latest statistical estimates indicate that Ethiopia’s […]

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African economy: Kenya receives sh15bn for youth jobs from World Bank

The World Bank has given Kenya Sh15 billion to finance initiatives that help stem the tide of joblessness in the country. The money, which the bank’s directors approved early this month, is earmarked for the establishment of a business grants programme, support companies that offer to bridge jobs skills gaps among college graduates and to strengthen Kenya’s policy on youth […]

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