AFI member CBK’s Ndung’u named Governor of Year in Sub-Saharan Africa

Emerging Markets

Central Bank of Kenya Governor Njuguna Ndung’u.

It has been a turbulent six years for the Kenyan economy, buffeted by political strife and external market currents. Njuguna Ndung’u took over as governor of the Central Bank of Kenya just before onset of the financial crisis and great recession in 2007.

Four years later the Kenyan shilling collapsed as the country hit what analysts called a “perfect storm” that battered the economy.

The revolution in Egypt removed one of the country’s biggest tea export markets, while the deepening of the eurozone crisis put pressure on horticulture sales. A drought across the region sharply reduced agricultural productivity, oil prices spiked and the country faced a deep current account deficit of around 10% of GDP.

This is a portion of an article that originally appeared in Emerging Markets. Click here to access the entire version.

1 reply

  1. Dear colleagues Very much thank you for the update. I would be happy to receive more updates on events and RESOURCES rural microfinance, Gender, value chain. Mean time, I am sharing some of my recent related works (attached) with their web-link for your reference. Empowerment of Women and Gender Mainstreaming in Rural Microfinance,

    Thematic Paper for Learning Route on Gender and Rural Microfinance – New Approaches, Services and Practices in Africa, organized by IFAD, FAO and PRPCASUR, March 2011, with reference to the case of Bukonzo Joint Cooperative Microfinance Service Ltd, Uganda; also submitted to UN-Women ‘Expert Group Meeting’ on Economic Empowerment of Women’, Ghana, Sep 19-22, 2011 http://www.un.org/womenwatch/daw/csw/csw56/egm.htm

    MICROFINANCE PAPER WRAP-UP: “Empowerment of Women and Gender Mainstreaming in Rural Microfinance;” by Getaneh Gobezie; published by UN Women Promoting Empowerment of Women and Gender Equality through Integrated Microfinance, Value-chain Support and Gender Capacity Building — The Case of Bukonzo Joint Cooperative Microfinance Service Ltd (Uganda) (2013),

    http://www.sjrbss.com/vol-1-no-3; http://www.microfinancegateway.org/p/site/m/template.rc/1.9.64362/; http://www.crjournals.org/CRJEGS/pdf/2014/September/Gobezie.pdf Thanks and Regards Getaneh Gobezie LinkedIn Profile:http://www.linkedin.com/profile/view?id=47039565&trk=wvmp-profile

    Like

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