Urban infrastructure is another area where reform has been inadequate and thinking has just begun. In transportation, considerable reforms have taken place in air and road transportation but railways have some way to go.
Soon after its establishment, the new Central Bank had to deal with an economic slowdown in the early 70s and the effects of the oil crisis, which put increased pressure on domestic prices and the balance of payments. Kenya’s respite came in the form of a “coffee boom,” following a devastating frost in Brazil and the resulting increase in coffee prices.