African Development Bank (Kenya)

African Development Bank (Kenya)

General
Contacts 31
Jobs 0
CSP 0
Contractors 0
Awards 0
Pricing strategy 0
Last update: May 25, 2023 Last update: 25 May, 2023
General
Contacts31
Tenders70
Grants 0
Jobs 0
CSP 0
Contractors 0
Awards 0
Pricing strategy 0

Details

Sectors: Agriculture, Civil Engineering, Decentra ... See more Agriculture, Civil Engineering, Decentralization & Local Development, Rural Development, Transport
Nr. of employees: 201-500
Types: Financial Institution Financial Institution
Status: Active

Description

Real GDP grew an estimated 5.9% in 2018, from 4.9% in 2017, supported by good weather, eased political uncertainties, improved business confidence, and strong private consumption. On the supply side, services accounted for 52.5% of the growth, agriculture for 23.7%, and industry for 23.8%. On the demand side, private consumption was the key driver of growth. The public debt–to-GDP ratio increased considerably over the past five years to 57% at the end of June 2018. Half of public debt is external. The share of loans from nonconcessional sources has increased, partly because Kenya issued a $2 billion Eurobond in February 2018. An October 2018 International Monetary Fund debt sustainability analysis elevated the country’s risk of debt stress to moderate.

Country eligibility

No information available

Circumstantial eligible countries

No information available

Tender Management Modes

Financing agencies
AfDBAECID98.6%
RegionsTotal
AfDB70
AECID1
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