enya Africa in the news: Tunisia and Mozambique vote, Nigeria closes borders, and Kenya opens new railway By webfeeds.brookings.edu Published On :: Sat, 19 Oct 2019 12:45:43 +0000 Tunisia and Mozambique vote: On Sunday, October 13, Tunisians participated in their run-off presidential elections between conservative former law professor Kais Saied and media magnate Nabil Karoui. Saied, known as “Robocop” for his serious presentation, won with 72.7 percent of the vote. Notably, Saied himself does not belong to a party, but is supported by… Full Article
enya Africa in the news: AU summit, Kenyatta meets with Trump, and Lagos bans motorcycles By webfeeds.brookings.edu Published On :: Sat, 15 Feb 2020 12:30:26 +0000 African Union summit focuses on “silencing the guns” This week, the African Union (AU) held its 33rd annual Heads of State and Government Summit in Addis Ababa, Ethiopia. This year’s theme, "Silencing the Guns: Creating Conducive Conditions for Africa's Development,” refers to Aspiration 4 of Agenda 2063, “a peaceful and secure Africa.” Despite the AU’s… Full Article
enya Figures of the week: Perceptions of COVID-19 in South Africa, Kenya, and Nigeria By webfeeds.brookings.edu Published On :: Thu, 02 Apr 2020 17:59:43 +0000 On March 17, GeoPoll released the results of their survey deployed to determine perceptions and understanding of COVID-19 in South Africa, Kenya, and Nigeria. South Africa currently has the highest number of diagnosed cases of the virus of any African country, and, while the number of diagnosed cases is currently low in Nigeria and Kenya,… Full Article
enya How school closures during COVID-19 further marginalize vulnerable children in Kenya By webfeeds.brookings.edu Published On :: Wed, 06 May 2020 15:39:07 +0000 On March 15, 2020, the Kenyan government abruptly closed schools and colleges nationwide in response to COVID-19, disrupting nearly 17 million learners countrywide. The social and economic costs will not be borne evenly, however, with devastating consequences for marginalized learners. This is especially the case for girls in rural, marginalized communities like the Maasai, Samburu,… Full Article
enya Africa in the news: Nigeria establishes flexible exchange rate, Kenya reaffirms plan to close Dabaab refugee camp, and AfDB meetings focus on energy needs By webfeeds.brookings.edu Published On :: Fri, 27 May 2016 11:10:00 -0400 Nigeria introduces dual exchange rate regime On Tuesday, May 24, Nigerian Central Bank Governor Godwin Emefiele announced that the country will adopt a more flexible foreign exchange rate system in the near future. This move signals a major policy shift by Emefiele and President Muhammadu Buhari, who had until this point opposed calls to let the naira weaken. Many international oil-related currencies have depreciated against the dollar as oil prices began their decline in 2014. Nigeria, however, has held the naira at a peg of 197-199 per U.S. dollar since March 2015, depleting foreign reserves and deterring investors, who remain concerned about the repercussions of a potential naira devaluation. Following the announcement, Nigerian stocks jumped to a five-month high and bond prices rose in anticipation that a new flexible exchange rate regime would increase the supply of dollars and help attract foreign investors. For now it remains unclear exactly what a more flexible system will entail for Nigeria, however, some experts suggest that the Central Bank may introduce a dual-rate system, which allows select importers in strategic industries to access foreign currency at the current fixed rate, while more generally foreign currency will be available at a weaker, market-related level. This new regime raises a number of questions, including how it will be governed and who will have access to foreign currency (and at what rate). On Wednesday, Nigeria’s parliament requested a briefing soon from Emefiele and Finance Minister Kemi Adeosun to provide additional clarity on the new system, although the date for such a meeting has not yet been set. Kenya threatens to close the Dadaab refugee camp, the world’s largest Earlier this month, Kenya announced plans to close the Dadaab refugee camp, located in northeast Kenya, amid security concerns. The move to close the camp has been widely criticized by international actors. United States State Department Press Relations Director Elizabeth Trudeau urged Kenya to “uphold its international obligations and not forcibly repatriate refugees.” The United Nations High Commissioner for Refugees stated that the closure of the refugee camp would have “devastating consequences.” Despite these concerns, this week, at the World Humanitarian Summit, Kenya stated that it will not go back on its decision and confirmed the closure of the refugee camps within a six-month period. The camp houses 330,000 refugees, a majority of whom fled from conflict in their home country of Somalia. Kenya insists that the camp poses a threat to its national security, as it believes the camp is used to host and train extremists from Somalia’s Islamist group al-Shabab. Kenya also argued that the developed world, notably the United Kingdom, should host its fair share of African refugees. This is not the first time Kenya has threatened to close the refugee camp. After the Garissa University attacks last April, Kenya voiced its decision to close the refugee camps, although it did not follow through with the plan. African Development Bank Meetings highlight energy needs and launch the 2016 African Economic Outlook From May 23-27, Lusaka, Zambia hosted 5,000 delegates and participants for the 2016 Annual Meetings of the African Development Bank (AfDB), with the theme, “Energy and Climate Change.” Held in the wake of December’s COP21 climate agreement and in line with Sustainable Development Goals 7 (ensure access to affordable, reliable, sustainable and modern energy for all) and 13 (take urgent action to combat climate change and its impacts), the theme was timely and, as many speakers emphasized, urgent. Around 645 million people in Africa have no access to electricity, and only 16 percent are connected to an energy source. To that end, AfDB President Akinwumi Adesina outlined the bank’s ambitious aim: “Our goal is clear: universal access to energy for Africa within 10 years; Expand grid power by 160 gigawatts; Connect 130 million persons to grid power; Connect 75 million persons to off grid systems; And provide access to 150 million households to clean cooking energy." As part of a push to transform Africa’s energy needs and uses, Rwandan President Paul Kagame joined Kenyan President Uhuru Kenyatta on a panel to support the AfDB’s “New Deal on Energy” that aims to deliver electricity to all Africans by 2025. Kenyatta specifically touted the potential of geothermal energy sources. Now, 40 percent of Kenya's power needs come from geothermal energy sources, he said, but there is still room for improvement—private businesses, which make up 30 percent of Kenya’s on-grid energy needs, have not made the switch yet. As part of the meetings, the AfDB, the Organization for Economic Cooperation and Development (OECD), and United Nations Development Program (UNDP) also launched their annual African Economic Outlook, with the theme “Sustainable Cities and Structural Transformation.” In general, the report’s authors predict that the continent will maintain an average growth of 3.7 percent in 2016 before increasing to 4.5 percent in 2017, assuming commodity prices recover and the global economy improves. However, the focus was on this year’s theme: urbanization. The authors provide an overview of urbanization trends and highlight that successful urban planning can discourage pollution and waste, slow climate change, support better social safety nets, enhance service delivery, and attract investment, among other benefits. For more on urbanization in sub-Saharan Africa, see Chapter 4 of Foresight Africa 2016: Capitalizing on Urbanization: The Importance of Planning, Infrastructure, and Finance for Africa’s Growing Cities. Authors Amy Copley Full Article
enya How school closures during COVID-19 further marginalize vulnerable children in Kenya By webfeeds.brookings.edu Published On :: Wed, 06 May 2020 15:39:07 +0000 On March 15, 2020, the Kenyan government abruptly closed schools and colleges nationwide in response to COVID-19, disrupting nearly 17 million learners countrywide. The social and economic costs will not be borne evenly, however, with devastating consequences for marginalized learners. This is especially the case for girls in rural, marginalized communities like the Maasai, Samburu,… Full Article
enya Perspectives on Impact Bonds: Working around legal barriers to impact bonds in Kenya to facilitate non-state investment and results-based financing of non-state ECD providers By webfeeds.brookings.edu Published On :: Mon, 21 Dec 2015 10:25:00 -0500 Editor’s Note: This blog post is one in a series of posts in which guest bloggers respond to the Brookings paper, “The potential and limitations of impact bonds: Lessons from the first five years of experience worldwide." Constitutional mandate for ECD in Kenya In 2014, clause 5 (1) of the County Early Childhood Education Bill 2014 declared free and compulsory early childhood education a right for all children in Kenya. Early childhood education (ECE) in Kenya has historically been located outside of the realm of government and placed under the purview of the community, religious institutions, and the private sector. The disparate and unstructured nature of ECE in the country has led to a proliferation of unregistered informal schools particularly in underprivileged communities. Most of these schools still charge relatively high fees and ancillary costs yet largely offer poor quality of education. Children from these preschools have poor cognitive development and inadequate school readiness upon entry into primary school. Task to the county government The Kenyan constitution places the responsibility and mandate of providing free, compulsory, and quality ECE on the county governments. It is an onerous challenge for these sub-national governments in taking on a large-scale critical function that has until now principally existed outside of government. In Nairobi City County, out of over 250,000 ECE eligible children, only about 12,000 attend public preschools. Except for one or two notable public preschools, most have a poor reputation with parents. Due to limited access and demand for quality, the majority of Nairobi’s preschool eligible children are enrolled in private and informal schools. A recent study of the Mukuru slum of Nairobi shows that over 80 percent of 4- and 5-year-olds in this large slum area are enrolled in preschool, with 94 percent of them attending informal private schools. In early 2015, the Governor of Nairobi City County, Dr. Evans Kidero, commissioned a taskforce to look into factors affecting access, equity, and quality of education in the county. The taskforce identified significant constraints including human capital and capacity gaps, material and infrastructure deficiencies, management and systemic inefficiencies that have led to a steady deterioration of education in the city to a point where the county consistently underperforms relative to other less resourced counties. Potential role of impact bonds Nairobi City County now faces the challenge of designing and implementing a scalable model that will ensure access to quality early childhood education for all eligible children in the city by 2030. The sub-national government’s resources and implementation capacity are woefully inadequate to attain universal access in the near term, nor by the Sustainable Development Goal (SDG) deadline of 2030. However, there are potential opportunities to leverage emerging mechanisms for development financing to provide requisite resource additionality, private sector rigor, and performance management that will enable Nairobi to significantly advance the objective of ensuring ECE is available to all children in the county. Social impact bonds (SIBs) are one form of innovative financing mechanism that have been used in developed countries to tap external resources to facilitate early childhood initiatives. This mechanism seeks to harness private finance to enable and support the implementation of social services. Government repays the investor contingent on the attainment of targeted outcomes. Where a donor agency is the outcomes funder instead of government, the mechanism is referred to as a development impact bond (DIB). The recent Brookings study highlights some of the potential and limitations of impact bonds by researching in-depth the 38 impact bonds that had been contracted globally as of March, 2015. On the upside, the study shows that impact bonds have been successful in achieving a shift of government and service providers to outcomes. In addition, impact bonds have been able to foster collaboration among stakeholders including across levels of government, government agencies, and between the public and private sector. Another strength of impact bonds is their ability to build systems of monitoring and evaluation and establish processes of adaptive learning, both critical to achieving desirable ECD outcomes. On the downside, the report highlights some particular challenges and limitations of the impact bonds to date. These include the cost and complexity of putting the deals together, the need for appropriate legal and political environments and impact bonds’ inability thus far to demonstrate a large dent in the ever present challenge of achieving scale. Challenges in implementing social impact bonds in Kenya In the Kenyan context, especially at the sub-national level, there are two key challenges in implementing impact bonds. To begin with, in the Kenyan context, the use of a SIB would invoke public-private partnership legislation, which prescribes highly stringent measures and extensive pre-qualification processes that are administered by the National Treasury and not at the county level. The complexity arises from the fact that SIBs constitute an inherent contingent liability to government as they expose it to fiscal risk resulting from a potential future public payment obligation to the private party in the project. Another key challenge in a SIB is the fact that Government must pay for outcomes achieved and for often significant transaction costs, yet the SIB does not explicitly encompass financial additionality. Since government pays for outcomes in the end, the transaction costs and obligation to pay for outcomes could reduce interest from key decision-makers in government. A modified model to deliver ECE in Nairobi City County The above challenges notwithstanding, a combined approach of results-based financing and impact investing has high potential to mobilize both requisite resources and efficient capacity to deliver quality ECE in Nairobi City County. To establish an enabling foundation for the future inclusion of impact investing whilst beginning to address the immediate ECE challenge, Nairobi City County has designed and is in the process of rolling out a modified DIB. In this model, a pool of donor funds for education will be leveraged through the new Nairobi City County Education Trust (NCCET). The model seeks to apply the basic principles of results-based financing, but in a structure adjusted to address aforementioned constraints. Whereas in the classical SIB and DIB mechanisms investors provide upfront capital and government and donors respectively repay the investment with a return for attained outcomes, the modified structure will incorporate only grant funding with no possibility for return of principal. Private service providers will be engaged to operate ECE centers, financed by the donor-funded NCCET. The operators will receive pre-set funding from the NCCET, but the county government will progressively absorb their costs as they achieve targeted outcomes, including salaries for top-performing teachers. As a result, high-performing providers will be able to make a small profit. The system is designed to incentivize teachers and progressively provide greater income for effective school operators, while enabling an ordered handover of funding responsibilities to government, thus providing for program sustainability. Nairobi City County plans to build 97 new ECE centers, all of which are to be located in the slum areas. NCCET will complement this undertaking by structuring and implementing the new funding model to operationalize the schools. The structure aims to coordinate the actors involved in the program—donors, service providers, evaluators—whilst sensitizing and preparing government to engage the private sector in the provision of social services and the payment of outcomes thereof. Authors Humphrey Wattanga Full Article
enya Energy News: BP Oil Spill Woes Continue, Resurface; Kenya's Geothermal Power Doubles; More By www.treehugger.com Published On :: Thu, 06 Sep 2012 11:26:00 -0400 Plus... Shell announces first carbon capture project in the Alberta Tar Sands; Arctic oil and natural gas's high cost to limit their global share. Full Article Energy
enya UK Company Pulls Out of Controversial Kenya Biofuel Project By www.treehugger.com Published On :: Wed, 26 Oct 2011 14:05:00 -0400 Conservationists are celebrating a British firm's recent pullout from a biofuel project in Kenya that they say would have destroyed the Tana River Delta, a wetland ecosystem crucial for regional wildlife. Full Article Energy
enya An International Music Festival in a Kenyan Slum Seeks to Protect Indigenous Tribes By www.treehugger.com Published On :: Tue, 08 Nov 2011 07:39:46 -0500 An international music festival in the slums of Nairobi is unusual enough. But one that plans to stop a dam and save an indigenous way of life? Let's party. Full Article Living
enya Kenya's Plastiki? Boat Made From Plastic Bottles & Old Flip Flops By www.treehugger.com Published On :: Fri, 11 Nov 2011 10:52:00 -0500 It's not an 8,000 mile journey across the Pacific Ocean, but it's still pretty cool. Full Article Design
enya Massive Forest Fire Continues to Burn the Slopes of Mountain Kenya By www.treehugger.com Published On :: Fri, 23 Mar 2012 12:34:27 -0400 Now in its sixth day, the forest fire threatens critical habitats and precious water sources. Full Article Science
enya Turkana Woman Fights Ethiopia, Kenya Dam Project in the Already Arid, Conflict-Prone Region By www.treehugger.com Published On :: Tue, 24 Apr 2012 11:44:51 -0400 "The Ministry of Energy has insisted that they need this energy. What we are questioning is—how was the agreement reached, what is the cost of purchasing this power?" Full Article Business
enya Pay as you go solar power systems provide clean, affordable lighting in Kenya By www.treehugger.com Published On :: Thu, 28 Feb 2013 12:44:52 -0500 The estimated 80% of Kenyans that are not on a grid rely solely on kerosene to light their homes. But a pay-as-you-go home solar system promises to deliver clean, affordable lighting to rural areas. Full Article Technology
enya Kenya significantly increases fines and jail time for poachers By www.treehugger.com Published On :: Thu, 30 May 2013 17:29:01 -0400 The approved measure ups fines from $480 to $120,000, and jail time from 2 years to 15 years. Full Article Business
enya How elephant poaching helped fund Kenya terrorist attack By www.treehugger.com Published On :: Tue, 24 Sep 2013 09:00:00 -0400 Al-Shabaab, the al-Qaeda-backed Somali terror group responsible for Saturday's attack in a Nairobi mall, receives significant funding from the illegal poaching. This is why the US sees wildlife trafficking as a national security issue. Full Article Science
enya Kenya to get 50% of electricity from solar by 2016 By www.treehugger.com Published On :: Tue, 21 Jan 2014 06:50:33 -0500 There's been much talk of Africa "leapfrogging" the paradigm of fossil fuel dependence. Kenya's latest announcement on solar power provides a vision of what that might look like. Full Article Energy
enya In Kenya, dried poop briquettes are serving as a clean cooking fuel By www.treehugger.com Published On :: Mon, 14 Aug 2017 14:13:26 -0400 This waste-to-resource project not only produces a less smoky and long-burning fire, but could also help improve health and sanitation outcomes. Full Article Energy
enya Elusive snowy white giraffes filmed in Kenya By www.treehugger.com Published On :: Mon, 11 Sep 2017 14:31:06 -0400 As if giraffes weren't exotic enough, this very rare mother and baby seem outright otherworldly in their absence of color and pattern. Full Article Science
enya Kenya adjusts to life without plastic bags By www.treehugger.com Published On :: Fri, 29 Sep 2017 09:55:00 -0400 No more plastic bags means a return to old-fashioned ways of packaging and carrying goods -- not necessarily a bad thing! Full Article Business
enya Vast water reserve discovered in drought-stricken Kenya By www.treehugger.com Published On :: Wed, 11 Sep 2013 21:43:19 -0400 The newfound aquifer contains enough water to quench Kenya for decades to come. Full Article Science
enya Kenyan Teen's Invention Saves Lions, Helps Farmers By www.treehugger.com Published On :: Wed, 18 Apr 2012 11:15:00 -0400 A 13-year-old inventor in Kenya has come up with a low-cost, eco-friendly way to protect his family's livestock that could also serve as a solution to a serious problem in his country -- managing human-wildlife conflict. Full Article Science
enya Sustainable cattle in Kenya pay off By www.treehugger.com Published On :: Thu, 12 Feb 2015 14:12:44 -0500 Livestock to Markets seeks to provide a sustainable solution to overgrazing in the Northern Rangelands of Kenya, creating local community capacity for rangelands conservation.. Full Article Business
enya Kenyan students design biowaste reactor to harvest dormitory waste By www.treehugger.com Published On :: Tue, 24 May 2016 06:27:30 -0400 Opportunities are everywhere. Even in poop. Full Article Energy
enya Help build an eco-friendly secondary school in Kenya By www.treehugger.com Published On :: Tue, 15 Oct 2019 14:36:22 -0400 A young Toronto-based woman is working to build a school in the Kenyan village near where she grew up. Full Article Living
enya The coronavirus murals trying to keep Kenya’s slums safe – video By www.theguardian.com Published On :: 2020-05-04T12:02:16Z A street artist called Msale has taken it upon himself to create giant murals bringing public health messages directly to the overcrowded Mathare slum in Nairobi. With half a million people living in such 'a squeezed area' social distancing is quite impossible to achieve, says Msale, so he is providing information for people on how to keep safe in the 'simplest, clearest' way he knowsCoronavirus – latest updatesSee all our coronavirus coverage Continue reading... Full Article Kenya Coronavirus outbreak World news
enya Kashiwa's King Olunga eyes history with Kenya By www.fifa.com Published On :: Sat, 18 Apr 2020 20:41:00 GMT Full Article
enya Economic Burden Of Dengue In Burkina Faso, Kenya, And Cambodia Studied By www.medindia.net Published On :: The average cost of inpatient care was found to be (Dollor) 26 in Burkina Faso and (Dollor) 134 in Cambodia, while the average cost of outpatient care was (Dollor) 13 per episode in Burkina Faso and (Dollor) 23 in Kenya. Full Article
enya First Sexual Experience Impacts Risk of HIV, Violence for Women in Kenya By www.medindia.net Published On :: A study on teenage girls and young women in Kenya reveals that if the first sexual encounter is forced, such women are four times more likely to experience gender-based violence later in life. Full Article
enya News Release: Kenya’s Tana River Basin Could See a More than 40 Percent Increase in Rainfall Due to Climate Change By www.iwmi.cgiar.org Published On :: Tue, 19 Dec 2017 11:21:35 +0000 The good news is tempered with bad, however, as the study indicates that extreme climate events, especially flooding, will also increase. Full Article Media Releases Z-News climate change flooding rainfall Tana River Basin Water
enya Kenya becomes the 94th jurisdiction to join the most powerful multilateral instrument against offshore tax evasion and avoidance By www.oecd.org Published On :: Mon, 08 Feb 2016 18:38:00 GMT Kenya today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Kenya is the 12th African country to sign the Convention and the 94th jurisdiction to join it. Full Article
enya Kenya and Oman sign landmark agreement to strengthen their tax treaties By www.oecd.org Published On :: Tue, 26 Nov 2019 17:00:00 GMT Kenya and Oman have today signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the Convention), becoming the 91st and 92nd jurisdictions to join the Convention, which now covers over 1630 bilateral tax treaties. Full Article
enya Kenya Loans To Private Sector By tradingeconomics.com Published On :: Mon, 24 Jul 2017 22:04:00 GMT Loans To Private Sector in Kenya decreased to 2326105 KES Million in April from 2335247 KES Million in March of 2017. Loans To Private Sector in Kenya averaged 765735.87 KES Million from 1995 until 2017, reaching an all time high of 2344446 KES Million in January of 2017 and a record low of 166281 KES Million in December of 1995. This page provides - Kenya Loans To Private Sector- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
enya Kenya Government Bond 10y By tradingeconomics.com Published On :: Sat, 09 May 2020 14:46:00 GMT Kenya 10Y Bond Yield was 12.70 percent on Friday May 8, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Kenya Government Bond 10y reached an all time high of 17.35 in October of 2011. Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid. Full Article
enya Kenya Stock Market (NSE20) By tradingeconomics.com Published On :: Sat, 09 May 2020 14:45:00 GMT The Nairobi 20 decreased 639 points or 23.91% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Kenya. Historically, the Kenya Stock Market (NSE20) reached an all time high of 6161.46 in January of 2007. The Nairobi Securities Exchange 20 Share Index NSE20 is a major stock market index which tracks the performance of 20 best performing companies listed on the Nairobi Securities Exchange. The companies are selected based on a weighted market performance for a 12 month period based on market capitalization, number of shares traded, number of deals and turnover.he NSE20 is a major stock market index which tracks the performance of large companies based in Kenya. Full Article
enya Kenya Internet Speed By tradingeconomics.com Published On :: Fri, 27 Oct 2017 17:54:00 GMT Internet Speed in Kenya decreased to 12160.37 KBps in the first quarter of 2017 from 14958.20 KBps in the fourth quarter of 2016. Internet Speed in Kenya averaged 2231.06 KBps from 2007 until 2017, reaching an all time high of 14958.20 KBps in the fourth quarter of 2016 and a record low of 208.55 KBps in the second quarter of 2009. This page includes a chart with historical data for KenyaInternet Speed. Full Article
enya Kenya IP Addresses By tradingeconomics.com Published On :: Fri, 27 Oct 2017 17:54:00 GMT IP Addresses in Kenya decreased to 500853 IP in the first quarter of 2017 from 1148803 IP in the fourth quarter of 2016. IP Addresses in Kenya averaged 797152.72 IP from 2007 until 2017, reaching an all time high of 2368112 IP in the fourth quarter of 2015 and a record low of 21502 IP in the third quarter of 2007. This page includes a chart with historical data for KenyaIP Addresses. Full Article
enya Kenya Average Temperature By tradingeconomics.com Published On :: Thu, 18 Jan 2018 17:06:00 GMT Temperature in Kenya increased to 26.52 celsius in December from 25.14 celsius in November of 2015. Temperature in Kenya averaged 24.12 celsius from 1850 until 2015, reaching an all time high of 27.18 celsius in March of 2005 and a record low of 21.28 celsius in July of 1922. This page includes a chart with historical data for Kenya Average Temperature. Full Article
enya Kenya Average Precipitation By tradingeconomics.com Published On :: Thu, 18 Jan 2018 17:07:00 GMT Precipitation in Kenya decreased to 69.94 mm in December from 153.21 mm in November of 2015. Precipitation in Kenya averaged 55.84 mm from 1901 until 2015, reaching an all time high of 318.33 mm in November of 1961 and a record low of 0.99 mm in February of 1997. This page includes a chart with historical data for Kenya Average Precipitation. Full Article
enya Standard Chartered MNI Kenya Business Sentiment By tradingeconomics.com Published On :: Mon, 22 Oct 2018 17:12:00 GMT Mni Business Sentiment in Kenya decreased to 59.60 in January from 62.40 in December of 2016. Mni Business Sentiment in Kenya averaged 59.47 from 2014 until 2017, reaching an all time high of 69.10 in December of 2014 and a record low of 47 in February of 2015. The Standard Chartered MNI Kenya Business Sentiment Survey is a monthly poll of business executives in Kenya, including companies listed on the Nairobi Stock Exchange. Companies are a mix of manufacturing, agriculture, construction and service sector companies. The survey provides the first snapshot of economic and business conditions, ahead of official data in Kenya. Respondents are asked a series of questions on their perceptions of current conditions and the outlook over the next quarter. A diffusion indicator is then calculated by adding the percentage share of positive responses to half the percentage of those respondents reporting no change. An indicator reading above 50 shows expansion, below 50 indicates contraction and a result of 50 means no change. Series which show a seasonal pattern are seasonally adjusted. This page provides - Kenya Mni Business Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
enya Kenya Living Wage Individual By tradingeconomics.com Published On :: Wed, 31 Oct 2018 17:51:00 GMT Living Wage Individual in Kenya increased to 22300 KES/Month in 2018 from 21400 KES/Month in 2017. Living Wage Individual in Kenya averaged 21750 KES/Month from 2015 until 2018, reaching an all time high of 22400 KES/Month in 2015 and a record low of 20900 KES/Month in 2016. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Full Article
enya Kenya Living Wage Family By tradingeconomics.com Published On :: Wed, 31 Oct 2018 18:40:00 GMT Living Wage Family in Kenya increased to 48500 KES/Month in 2018 from 47500 KES/Month in 2017. Living Wage Family in Kenya averaged 47700 KES/Month from 2015 until 2018, reaching an all time high of 48500 KES/Month in 2018 and a record low of 46600 KES/Month in 2016. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates. Full Article
enya Kenya Wages High Skilled By tradingeconomics.com Published On :: Thu, 01 Nov 2018 15:04:00 GMT Wages High Skilled in Kenya decreased to 60500 KES/Month in 2018 from 62300 KES/Month in 2017. Wages High Skilled in Kenya averaged 61525 KES/Month from 2015 until 2018, reaching an all time high of 62300 KES/Month in 2017 and a record low of 60500 KES/Month in 2018. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys. Full Article
enya Kenya Wages Low Skilled By tradingeconomics.com Published On :: Thu, 01 Nov 2018 15:17:00 GMT Wages Low Skilled in Kenya decreased to 17500 KES/Month in 2018 from 19100 KES/Month in 2017. Wages Low Skilled in Kenya averaged 17975 KES/Month from 2015 until 2018, reaching an all time high of 19100 KES/Month in 2017 and a record low of 16400 KES/Month in 2015. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys. Full Article
enya Kenya Military Expenditure By tradingeconomics.com Published On :: Mon, 06 May 2019 14:23:00 GMT Military Expenditure in Kenya increased to 1023 USD Million in 2018 from 1015 USD Million in 2017. Military Expenditure in Kenya averaged 716.46 USD Million from 1963 until 2018, reaching an all time high of 1493 USD Million in 1979 and a record low of 28.10 USD Million in 1963. Full Article
enya Kenya GDP per capita PPP By tradingeconomics.com Published On :: Tue, 09 Jul 2019 12:20:00 GMT The Gross Domestic Product per capita in Kenya was last recorded at 3076.84 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Kenya, when adjusted by Purchasing Power Parity is equivalent to 17 percent of the world's average. GDP per capita PPP in Kenya averaged 2361.20 USD from 1990 until 2018, reaching an all time high of 3076.84 USD in 2018 and a record low of 2073.09 USD in 2002. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Kenya GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
enya Kenya Gold Reserves By tradingeconomics.com Published On :: Mon, 09 Sep 2019 10:46:00 GMT Gold Reserves in Kenya remained unchanged at 0 Tonnes in the first quarter of 2019 from 0 Tonnes in the fourth quarter of 2018. Gold Reserves in Kenya averaged 0.02 Tonnes from 2000 until 2019, reaching an all time high of 0.02 Tonnes in the fourth quarter of 2002 and a record low of 0 Tonnes in the second quarter of 2000. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Kenya Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
enya Deposit Interest Rate in Kenya By tradingeconomics.com Published On :: Wed, 02 Oct 2019 15:31:00 GMT Deposit Interest Rate in Kenya increased to 8.30 percent in 2018 from 7.70 percent in 2017. Deposit Interest Rate in Kenya averaged 9.22 percent from 1980 until 2018, reaching an all time high of 18.40 percent in 1998 and a record low of 2.43 percent in 2004. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Kenya. Full Article
enya Kenya Competitiveness Index By tradingeconomics.com Published On :: Wed, 09 Oct 2019 17:47:00 GMT Kenya scored 54.14 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Kenya averaged 15.28 Points from 2007 until 2019, reaching an all time high of 54.14 Points in 2019 and a record low of 3.61 Points in 2008. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Kenya Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
enya Kenya Competitiveness Rank By tradingeconomics.com Published On :: Wed, 09 Oct 2019 17:48:00 GMT Kenya is the 95 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Kenya averaged 96.77 from 2007 until 2019, reaching an all time high of 106 in 2011 and a record low of 88 in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Kenya Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Full Article
