Kenya's economy demonstrated significant resilience to the COVID-19 shock in 2021 making a significant rebound in the second and third quarters of 2021 driven by return of activity in certain sectors such as education and the lifting of COVID restrictions. The World Bank also forecasts robust overall economic performance in 2022-23 at a projected 4.9% growth, similar to the pre-pandemic pace of 5% average annual growth from 2010 to 2019. Amidst the optimistic outlook, Kenya still faces vulnerabilities – uncertainty in the future course of the pandemic, fiscal strain with depleted public and household finances, and the upcoming general elections creating political and economic uncertainty.

The AmCham Economic Outlook Forum offers a platform for business leaders to get a prognosis from key policy makers of the year ahead and gain critical insights on economic performance, impacts and trends to support strategic business decision making. The forum also provides opportunity to broach salient issues impacting business and explore collaborative solutions with policy makers.

Key themes to be covered:

1) Kenya's 2022 macro-economic outlook

2) Key Economic Drivers, Risks and Scenarios

3) Micro-level economic data and perspectives