Other sectors

Kenya’s economy is supported by diverse growth sectors, including financial services, health, and education. These sectors play a critical role in driving inclusion, building human capital, and supporting long-term economic resilience. Together, they offer attractive opportunities for investment, innovation, and partnerships.

Get in touch with us to find out more
Email Get in touch
4.7%
Overall GDP growth (2024)
7.6%
Financial & insurance activities growth (2024)
Kenya’s financial services sector is a key pillar of macroeconomic stability and economic transformation, underpinning growth across the domestic economy. In 2024, Financial and Insurance Activities expanded by 7.6%, significantly outperforming overall GDP growth of 4.7%, underscoring the sector’s resilience and growing contribution to national output.
In 2024, broad money supply (M3) expanded to KSh 6.1 trillion, and domestic credit increased to KSh 7.2 trillion, reflecting sustained financial intermediation and system liquidity. Credit allocation remained supportive of economic activity, with public sector credit rising by 2.6% to facilitate government operations and development spending, even as private sector lending adjusted amid tighter macroeconomic conditions. This depth of financial activity was mirrored in digital finance, with mobile money subscriptions rising by 5.2% between April and June 2025 and penetration reaching 91%, according to the Communications Authority of Kenya.
13.4%
National government health expenditure (2024-2025)
>25Mn
SHA registration
Launched on 1 October 2024, Kenya’s Social Health Authority (SHA) aims to deliver affordable, accessible, quality healthcare and advance Universal Health Coverage (UHC). By mid-2025, over 22 million Kenyans had registered with SHA, reflecting substantial public engagement with the new national health insurance model.
Anchored by this reform, Kenya’s health sector is a vital pillar of human capital development and socio-economic resilience. In 2024/25, national government health expenditure is projected to grow by 13.4% to KSh 122.0 billion, alongside a 16.8% increase in county health spending to KSh 123.7 billion, underscoring strong public investment in healthcare delivery. Health system capacity continues to expand, with operational health facilities rising by 6.1% to 15,984 in 2024 and hospital beds increasing to 115,786, improving service availability nationwide. Reflecting these investments, 99.0% of registered births occurred in health facilities, indicating broad access to essential maternal care.
3rd in Africa
English proficiency
5th in Africa
Number of universities 
Kenya’s education sector is expanding and positioning the country as a hub in Africa. The number of fully-fledged universities increased from 33 in 2012 to 67 by 2025, placing Kenya 5th in Africa by number of universities.
In 2024, the total number of basic learning institutions surged by 38% to 129,463 following the integration of junior secondary schools into the basic education system, a major structural shift in the national education landscape. Outcomes are evident: Kenya has been ranked 3rd in Africa among the best English-speaking nations and adult literacy remains strong at 82.9% in 2022. These trends highlight Kenya’s dual momentum in basic access and tertiary participation, showcasing its role as a key education leader in East Africa and a growing contender in the continent.