By Duncan Miriri

NAIROBI (Reuters) -The World Bank lifted Kenya’s economic growth forecast for this year to almost 5% on Monday, citing a pick up in the construction sector in East Africa’s largest economy.

Some of Kenya’s main industries like construction suffered last year, partly as concerns mounted about the government’s finances, but the trend has begun to reverse, the development lender said.

“Signs of recovery are emerging,” a new report on Kenya’s economy said, adding that the rebound in construction in the first half of 2025 had offset a slowdown in manufacturing.

The result is that the economy is now projected to grow by 4.9% this year, up from the World Bank’s May forecast of 4.5%, and maintain that rate of growth over the next two years.

Risks to the outlook stem from inte

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