Uganda, March 21 -- In 2023, Kenya through IMF loans and acceptance of a structural adjustment programme avoided default on the Eurobond.

In 2024, the economy is calmer. The local unit is gaining strongly on the greenback, now clocking Kshs 125 to the dollar up from Kshs 150. If you fly into Jomo Kenyatta International Airport or circle the terminals in the busy evening hour dominated by long haul flights to Europe, you would think the airport on its own is a small town, a beehive of activity.

Dar es Salaam's elegant new airport terminal offers some competition, as hundreds of Tanzanians flock the airport ready to fly to different internal destinations, but the bustle of tourists in Kenya remains remarkable.

Kenyans now in the throes o...