Africa News: Kenya Tops Angola as Sub-Saharan No. 3 Economy


Catching Up

Kenya surpassed Angola as sub-Saharan Africa’s third-largest economy in dollar terms, according to International Monetary Fund estimates. Angola has contracted every year since 2016 as oil output declined, and the kwanza was devalued in 2019 while Kenya’s shilling held steady. The coronavirus pandemic and restrictions to limit its spread will probably see Angola’s gross domestic product contract 1.4% in 2020, while Kenya’s is projected to grow by 1%, according to the IMF.

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About Author: integral
A free-thinking individual who strives to maintain psychological balance between the two polar aspects of Human Nature; Desire and Conscience. However, These conditions can never be balanced because inertia will carry us to extremes. Balance is a constant struggle therefore I live by the principles of the HERU Interface