Kenya’s construction sector experienced a downturn in 2024, contracting by 0.7% compared to a growth of 3.0% recorded in 2023, according to newly released economic data.The decline is attributed to a combination of rising input costs, reduced financing, and a drop in key industry indicators. The average annual inflation for construction materials and other inputs … Continue reading Kenya’s Construction Sector Contracts In 2024 Amid Rising Costs And Reduced Lending