Kenya is the Sixth wealthiest country in Africa

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President Uhuru Kenyatta/Photo courtesy

President Uhuru Kenyatta stated that during his tenure the economy grew immensely, the president said his administration had “multiplied critical fundamentals” in the eight years since assuming office, on the merit of economic acceleration and the big push investment.

He said that the country’s Gross Domestic Product (GDP) has multiplied by a 2-factor plus, making Kenya the sixth wealthiest nation in Africa.

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“In 2013, Kenya was Africa’s 12th wealthiest nation with a GDP of Sh4.75tr. In eight years, the GDP stands at Sh11 trillion, making Kenya the sixth wealthiest nation in the continent.”

According to the president, the second quarter of 2021, GDP grew by 10.1%, for the first time in Kenya’s economy history. The notable contributors to this growth include the ICT sector, which grew by a significant 25.1% in the second quarter of 2021

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