Sun, 26-Apr 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Reports
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Key Figures on Kenya's 2019 Economic Performance

    Jackson
    By Jackson Okoth
    - May 06, 2020
    - May 06, 2020
    Kenya Business news
    Key Figures on Kenya's 2019 Economic Performance

    ROADS

    The total length of roads paved increased by 14.2 per cent to 21,295.1 kilometres in 2019. Uptake of credit in the construction sector grew by 1.6 per cent in 2019 compared to a 1.8 per cent growth in 2018

    TRANSPORT AND STORAGE

    Transportation and Storage sector expanded by 7.8 per cent in 2019 compared to 8.5 per cent growth in 2018, riding on low international oil prices and the continued expansion of roads, railway lines and ports.

    MOMBASA PORT

    Total cargo throughput and the number of ships docking at the port of Mombasa increased by 11.3 per cent and 4.4 per cent, respectively, in 2019

    AIR TRANSPORT

    Total passenger traffic by air increased from 11.7 million in 2018 to 12.1 million in 2019.

    OIL

    In 2019, the volume of pipeline throughput increased by 11.1 per cent mainly attributed to the completion of the new Nairobi-Mombasa 20-inch multi-product pipeline

    RAIL TRANSPORT

    In railway transportation, the volume of freight transported through the SGR increased by 43.5 per cent from 2,899 tonnes in 2018 to 4,159 tonnes in 2019.

    INFORMATION AND COMMUNICATION

    The sector’s growth slowed to 8.8 per cent in 2019 from 11.3 per cent in 2018. The growth was anchored on the rapid expansion of the telecommunication sub-sector through the introduction of new products as well as leveraging on economies of scale associated with high levels of mobile cellular penetration.

    MOBILE PENETRATION

    The total number of mobile subscriptions increased by 10.2 per cent to stand at 54.6 million subscribers in the period under review. Similarly, the number f domestic call minutes increased from 55.9 billion minutes in 2018 to 58.7 billion minutes in 2019.

    MOBILE CASH

    Mobile money transfer increased by 9.1 per cent to KSh 4,346.0 billion in 2019 from KSh 3,984.0 billion in 2018. The sector’s performance was also enhanced by increased access to internet services in 2019.

    INTERNET SERVICE PROVIDERS

    The number of internet service providers increased from 256 in 2018 to 302 in 2019. Total utilized bandwidth increased profoundly during the year under review to stand at 2.7 million megabits per second.

    FINANCE AND INSURANCE

    Financial and Insurance sector grew by 6.6 per in 2019 compared to 5.3 per cent growth in 2018. Financial services sub-sector grew by 5.7 per cent in 2019 relative to 4.8 per cent recorded in 2018. Domestic credit grew by 7.5 per cent in 2019 compared to a growth of 6.4 per cent in 2018. In the insurance sub-sector, net premium from life insurance increased from KSh 80.4 billion in 2018 to KSh 90.5 billion while general insurance business recorded a decelerated growth of 1.1 per cent in 2019.

    TOURISM

    Tourism earnings grew by 3.9 per cent from KSh 157.4 billion in 2018 to KSh 163.6 billion in 2019. The slowed growth was evident in the marginal growth of 0.4 per cent in the number of international visitor arrivals to stand at 2.1 million visitors in 2019. Hotel bed night occupancy increased from 8.6 million in 2018 to 9.2 million in 2019. Further, the sector’s performance was boosted by conference tourism that expanded by 14.0 per cent in 2019.

    RELATED; Podcast; Key Takeaways from The World Bank Kenya Economic Update

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa