Kenya Set to Overtake Ethiopia as East Africa’s Largest Economy

Kenya set to surpass Ethiopia as East Africa’s largest economy in 2025 – IMF

Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the world’s best-performing currency, according to market analysts.

Kenya Set to Overtake Ethiopia as East Africa’s Largest Economy

Kenya’s economy is set to surpass Ethiopia’s to become East Africa’s largest this year, the International Monetary Fund said, after the birr was devalued.

Kenya reclaims its position as East Africa’s economic king - Nairobi Business Monthly

A dramatic shift is unfolding in the East Africa region, as Kenya is poised to snatch back the regional crown from long-time rival, Ethiopia. The latest IMF projections, in accordance with the World Economic Outlook, April 2025, reveal Kenya’s GDP is set to increase and reach Sh17.13 trillion ($131.67 billion) in 2025, finally overtaking Ethiopia’s

Access Bank sets 2025 finish line for $100M acquisition of KCB unit

Access Bank Plc, Nigeria’s largest lender by assets, will complete its acquisition of the KCB Group-owned National Bank of Kenya (NBK) by the end of the third quarter of 2025, marking a significant step in its pan-African expansion strategy. The deal, potentially valued around $100 million, gives Access Bank a deeper foothold in Kenya, East Africa’s largest economy. The timeline was confirmed by Access Bank Managing Director Roosevelt Ogbonna du…

IMF: Kenya to overtake Ethiopia as top EAC economy

Kenya is set to overtake Ethiopia as East Africa’s largest economy in 2025, according to new projections from the International Monetary Fund (IMF). According to the Business Insider Africa report, the shift comes in the wake of a sharp devaluation of the Ethiopian birr last July, part of a broader effort to stabilise the economy and advance long-delayed debt restructuring talks. The IMF forecasts Kenya’s gross domestic product (GDP) will climb…

Kenya Digital Economy Growth: The Tech Behind East Africa’s Economic Shift

Kenya is bound to dethrone Ethiopia as the biggest economy in East Africa in 2025. The International Monetary Fund made this projection based on the recent and historical combined factors that have formed the economic patterns of both countries. Currency devaluation, structural growth in the economy, debt challenges, and political stability give a more in-depth … The post Kenya Digital Economy Growth: How Tech is Positioning It as East Africa’s …