World Bank Raises Kenya Growth Forecast

The World Bank raised Kenya economic growth forecast for 2026 to 4.6% following a strong first half. However, the lender warned that corruption remains a major constraint limiting broader economic progress.

FILE PHOTO: File Photo: A general view shows a section of the skyline of the central business district of Nairobi, Kenya July 15, 2025. REUTERS/Thomas Mukoya/File Photo/File Photo

The World Bank raised its 2026 economic growth forecast for Kenya to 4.6% on Wednesday, while urging the government to tackle systemic corruption. The upgrade follows a stronger-than-expected first half of the year across the East African nation. Addressing governance challenges remains critical as corruption costs the country 2% of GDP annually through higher fiscal deficits.