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RE: LeoThread 2025-01-12 05:27

in LeoFinance16 days ago

Part 8/10:

As global attention gravitates towards green energy, Kenya’s success in renewable energy generation is noteworthy, with more than 90% of its on-grid electricity sourced from renewables. The nation possesses tremendous potential for geothermal power expansion. However, challenges such as high energy costs due to regulatory issues threaten to stifle growth in this sector.

Despite the country’s advanced position in clean energy, economic growth is not equally distributed among its regions. A McKinsey Global Institute report highlights that while GDP per capita has risen, many areas continue to struggle with stagnation or decline.

Addressing Underlying Challenges