Kenya’s Private Sector Rebounds, but Outlook Weakest in a Decade

• PMI hits 10-month high amid temporary demand recovery
• Only 2% of firms expect expansion within the next year, lowest in over 10 years

Nairobi, Kenya – Kenya’s private sector showed improved growth in the first quarter of 2025 driven by rising demand, but future confidence remains extremely weak, with just 2% of companies planning to expand production in the next 12 months, according to Stanbic Bank Kenya’s latest Purchasing Managers Index (PMI).