HIGH COST OF LIVING
Until the COVID-19 pandemic, Kenya was one of the fastest growing economies in Africa, with an annual average growth of 5.9% between 2010 and 2018. With a GDP of $95 billion, Kenya recently reached lower-middle income status, and has successfully established a diverse and dynamic economy. It also serves as the point of entry to the larger East African market. However, Kenya continues to face significant challenges to sustainable and inclusive economic growth, which have been exacerbated by COVID-19’s economic disruptions, alongside long-running challenges including corruption and economic inequality.
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Two-thirds of Kenyans live in poverty, making less than $3.20 per day and have since Kenya’s independence. As a result, the majority of Kenyans, particularly women and girls, can be considered chronically vulnerable. There is a large gap between the rich and poor, with approximately 70 percent of Kenyan families chronically vulnerable due to poor nutrition, food insecurity, and preventable diseases. Many Kenyans suffer from economic inequality while a minority elite continues to exploit their labor, resources, and opportunities.

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