#shorts #kenya #wealth
Kenya is a country that many people know for its stunning nature, culture and amazing landscapes. However, what most people don't know is how it became insanely rich in the past two decades. In the early 1990s, Kenya began to implement aggressive economic reforms, including a free trade policy and a commitment to open market activities. In addition, the government began to invest heavily in infrastructure, including roads, telecommunications, and electricity. This attracted foreign investments from many multinational companies, providing capital and increasing job opportunities.
In the late 1990s, Kenya began to focus on the development of the agricultural sector, creating a strong agro-industry. The country was also able to capitalize on its trade relations with many African, Asian and European countries, further increasing foreign investments.
As a result, Kenya saw a rise in GDP, wages, and living standards. The government also improved governance, transparency and democracy, further bolstering economic growth.
Today, Kenya is one of the most developed countries in Africa and a major business hub. Its wealth has enabled the country to invest further in infrastructure and services, creating a strong economy that continues to grow.
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