Thursday, May 13, 2010

Post liberalization Kenya

"...Kenyas middle class has grown to 10 percent of the urban population — or 1.5 million people — making Kenya home to one of the largest middle class populations in sub-Saharan Africa.Government deregulation stimulated economic growth and turned Nairobbery — a former nickname for the city — into a booming economic center. Nairobi reflects this trend with multinational businesses, towering office buildings and a growing middle class..."More here
HT June Arunga

1 comments:

Joel G. K. said...

"deregulation" is a vast and problematic term for the poliies that have allowed the middle class to thrive in kenya. Overall I find the clip paying mere lip service to the key components of progress...