Headwinds
Kenya’s economy is projected to demonstrate resilience through 2026, according to the Mastercard Economics Institute’s latest outlook. The nation is anticipated to maintain economic momentum despite ongoing global economic challenges. The Mastercard Economics Institute’s 2026 Economic Outlook identifies several factors contributing to Kenya’s positive trajectory. Key Economic Strengths The report emphasizes solid domestic demand, expanding […]
Global banks are reducing their presence in Africa, with Standard Chartered exploring the sale of its Botswana unit. This trend, which includes Société Générale, BNP Paribas, HSBC, and Atlas Mara, is driven by rising compliance costs, weaker returns, and increased competition from fintech and local banks. The withdrawals impact trade finance and dollar liquidity, potentially […]
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