Kenya’s reward score (6.36 / risk score: 5.51) remains one of the highest in sub-Saharan Africa, according to the Africa Risk-Reward Index from Control Risks and Oxford Economics.
The reports adds that, though the government’s external debt burden raises concerns, with a new USD 2Bn Eurobond issued in February, winning the election in 2017, Kenya’s leading Jubilee Party of Kenya continues its pro-business policies.
“Furthermore, improving relations between the government and the opposition will be instrumental in ensuring that political tensions do not undermine economic growth, and more prudent fiscal and macroeconomic policies are needed to maintain positive economic prospects.” Daniel Heal, Senior Partner for East Africa at Control Risks.
Ethiopia and Tanzania top the 2018 Africa Risk-Reward Index of the high rewarding economies for the second time, followed by Côte d’Ivoire and Kenya in fourth place.
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