Kenya has been ranked among the best 100 countries by an internationally reputed magazine, Newsweek. It was ranked the best country in East Africa, sixth in Africa and 67th overall, out of 194 UN countries.
Despite growing speculation of a global economic crisis in 2020 and mounting challenges facing African nations, the International Monetary Fund and the African Development Bank (AfDB) both predict overall growth in Africa will improve in 2019 and 2020.
In the 2019 African Economic Outlook, published by AfDB, outlines the fastest-growing economies across the continent and highlights the biggest challenges they’ll face over the coming years. East Africa remains the fastest-growing region in Africa – and one of the fastest in the world – with five of the continent’s 10 fastest-growing economies being in the eastern region.
Source : African Insider
Keywords : East Africa, News, Economy