Dependence on Oil and Gas Revenues in Kenya
An investment report by PineBridge Investments East Africa states that Kenya's petroleum and mineral resources could contribute more than 5 percent to the Kenya's GDP in the medium term and thereby surpass traditional exports such as coffee.
Compared to other resource-dependent Sub-Sahran countries, this share is relatively low. For instance, in Sudan oil makes up 18 percent of GDP and in Nigeria 30 percent of GDP.
- “Oil, minerals expected to contribute over 5pc to Kenya GDP”. Daily Nation, 23 October 2013.
- “Beating the Resource Curse in Africa: A Global Effort”. Council on Foreign Relations, August 2012.