Kenya projects that foreign direct investment will surge to over Sh200 billion this year riding on renewed investor interest and confidence in the country’s business climate.
Speaking at the Kenya-Japan investment forum in Nairobi on Wednesday, Kenya Investment Authority (KIA) managing director Moses Ikiara said the improving business environment coupled with planned, high profile investment forums continue to attract investors from across the world.
“The FDI is growing very strongly. This year, we expect FDI inflows to grow by more than 100 per cent because of an improved business environment,” said Mr Ikiara. Read more. Source | Daily Nation