Kenya Poised to Overtake Ethiopia as East Africa’s Economic Leader
Recent projections from the International Monetary Fund (IMF) indicate a significant shift in the economic landscape of East Africa. By 2025, Kenya is anticipated to surpass Ethiopia, claiming the title of the largest economy in the region. This news, while hopeful for many, reflects the complex and often turbulent nature of economic growth and stability.
The catalyst for this change has been a severe devaluation of the Ethiopian birr last July. This move, part of a broader strategy to stabilize the economy and…