World Bank lifts Kenya’s growth forecast on construction rebound

Construction workers on site along Ngong road in Nairobi on May 25, 2025.

Photo credit: Billy Ogada | Nation Media Group

The World Bank lifted Kenya’s economic growth forecast for this year to almost five percent on Monday, citing a pick up in the construction sector in East Africa’s largest economy.

Some of Kenya’s main industries like construction suffered last year, partly as concerns mounted about the government’s finances, but the trend has begun to reverse, the development lender said.