AGP Executive Report
Last update: 2 hours agoDigital Credit: Fuliza borrowing surged 84% to Sh1.16 trillion in the six months to September, while customer numbers nearly doubled to 17.2 million. The average loan fell, pointing to more frequent small top-ups. Trade: Nine Kenyan micro and small businesses secured supply orders or new retail opportunities in Rwanda at the EAC trade fair, with some exhibitors selling out. Tea Sector: President William Ruto pledged Sh3.7 billion to revive struggling tea factories and narrow regional gaps in farmers’ bonuses, including support for switching to solar power. Infrastructure: A proposed road-dualling plan targets major corridors across seven counties, with the government saying upgrades would cut transport costs and improve trade flows. Governance: The World Bank estimates corruption adds about Sh370 billion a year to Kenya’s fiscal deficit through lost revenue, wasteful spending and higher borrowing costs.
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