CBK explores artificial intelligence to improve inflation forecasts and track Kenya’s economy

Source: Tech Trends Kenya By By George Kamau 31 October 2026, 11:25

The Central Bank of Kenya (CBK) is implementing artificial intelligence applications across its operations, with nearly 300 use cases identified across 14 departments, according to the bank’s Head of Research. The CBK AI strategy includes machine learning for inflation forecasting, economic nowcasting using alternative data and tools to analyse mobile payments and online supermarket prices, …