High Power Costs Threaten Kenya’s Industrial Growth, World Bank Update Shows
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A recent Kenya Economic Update from the World Bank reports that industrial electricity costs approximately 17.5 US cents per kWh. This rate is significantly higher than those of regional competitors. The report indicates that these high costs are creating concerns regarding the competitiveness of the manufacturing sector.
The World Bank’s latest Kenya Economic Update finds industrial electricity at about 17.5 US cents per kWh, far above regional rivals, raising concerns over manufacturing competitiveness.
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