Emirates Offer

Kenya Tops Angola as Sub-Saharan Africa's No. 3 Economy

Posted on : Thursday , 11th June 2020

Kenya surpassed Angola as sub-Saharan Africa's third-largest economy in dollar terms, according to International Monetary Fund estimates. Angola has contracted every year since 2016 as oil output declined, and the kwanza was devalued in 2019 while Kenya's shilling held steady. The coronavirus pandemic and restrictions to limit its spread will probably see Angola's gross domestic product contract 1.4% in 2020, while Kenya's is projected to grow by 1%, according to the IMF.

Source : bloomberg.com

OUR ASSOCIATES

VIEW MORE

EXPOGROUP

Expogroup is a full service exhibition organiser with over eighteen years experience in International.Trade Exhibitions and Events. Our current portfolio includes 20 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.

EXPOGROUP © 1996 - 2016 | Privacy Policy

Find us here

Subscribe Newsletter

Join our mailing list and receive latest news and advice from us in our monthly Newsletter

Yes, I would like to receive Expogroup E-newsletters

Instant Reply