Kenya's economy grows 5 percent in 2023 despite challenges

NAIROBI, Dec. 20 (Xinhua) -- Kenya's economy grew 5 percent in 2023, up from 4.8 percent in 2022 despite continued challenges, the World Bank said in a report released Wednesday.

According to the World Bank's 28th edition of Kenya Economic Update (KEU), the improved growth was buoyed by a strong rebound in the agriculture sector in 2023 which had faced a persistent and severe drought and a moderate growth in the