Prime
East Africa is defying global gloom with credit upgrades, mega investments, and a green energy surge.
By Charles Onyango-Obbo
Columnist
In a year of gloomy global headlines, East Africa – and indeed the continent – has offered a rare stretch of good news. In less than a month, the region witnessed several breakthroughs with consequences that extended far beyond its borders.
On August 22, 2025, S&P upgraded Kenya’s long-term sovereign credit rating from "B-" to "B" with a stable outlook.
