This archive report was first published on 5 June 2020.
Kenya has taken the third spot in sub-Saharan Africa's economy, surpassing Angola, according to estimates from the International Monetary Fund.
Angola's economy has been contracting since 2016, largely due to declining oil output and a devalued currency, with the kwanza losing value in 2019. In contrast, Kenya's shilling has remained relatively stable.
The COVID-19 pandemic and related restrictions are expected to further contract Angola's economy by 1.4% in 2020, while Kenya's economy is projected to grow by 1% in the same year, according to the IMF.
Kenya now ranks behind Nigeria and South Africa in the region's economic hierarchy.
