BMI View: Our core views and forecasts for Kenya remain virtually unchanged this quarter. Similarly to its neighbours, Kenya’s power sector is characterised by a capacity deficit, whereby at peak demand there is insufficient supply to meet expanding consumer demand. In addition, the country remains over reliant on unreliable hydropower. This, in turn, has exposed the country to widespread power outages, which are acting as a significant constraint to economic and social development. As such, the country has put forward some ambitious capacity expansion and diversification targets in its ‘Vision 2030′ and following energy policies and, while some delays will …
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