Search results

Kenya’s new budget targets significantly lower deficit

Location:

KENYA

After redeeming much of its USD2bn Eurobond in February, the government has effectively dispelled fears of a default. Nevertheless, it remains under pressure to consolidate public…

Russia's overheating economy will cool

Location:

RUSSIA

Soaring government spending, driven by the war in Ukraine, has pushed economic activity beyond levels many thought possible given the available supply of labour and capital. Yet…

Geothermal energy production will grow in East Africa

Location:

EAST AFRICA

The plan envisages a massive expansion of geothermal energy, through the sinking of 57 new wells across six major steam fields, which would make Kenya the world’s fourth-largest…

Recovery of Russian consumption is likely to moderate

Location:

RUSSIA

Strong household demand, now restored to pre-war levels, mitigated the impact on GDP of falling exports last year. The consumer market is profoundly changed, with new brands from…