Kenya has risen 21 positions to 108 in the global investment competitiveness survey by the World Bank.
The World Bank’s 2016 Ease of Doing Business Index released on Tuesday cites Kenya as the third most improved nation in its business regulatory reforms across 189 economies.
Kenya was at position 136 last year, but the World Bank later revised it to 129.
According to the report, the getting-credit indicator improved upwards as a result of the introduction of Credit Reference Bureaus, allowing financial institutions to assess the credit-worthiness of firms and individuals. Read more. Source | Daily Nation