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U.S. investors to stay the course despite terrorism incident in Kenya

Published on April 15, 2015

Head of U.S. business association says U.S. investors remain confident in Kenya. “The Garissa atrocity doesn’t fundamentally change investors’ views on Kenya,” said Corporate Council on Africa (CCA) CEO and President Stephen Hayes.  

"The reality is that Kenya has the best investment climate in East Africa and one of the best in Africa,” Mr Hayes added. “We believe that Kenya is and should be an investment destination for business."

"Building security is far more than simply protecting buildings and individuals,” Mr Hayes said. “It is about improving people’s opportunities and giving them hope. Therefore, to me, the more investment in Kenya, the more secure the people become."

The East Africa Trade and Investment Hub has a Memorandum of Understanding with the CCA to promote U.S. investments in East Africa.