News

1 2Kenya’s 2014 foreign direct investment almost doubled, growing by 95.84 percent to Ksh99.63 billion from Ksh50.87 billion in 2013.
According to latest figures from the United Nations Conference on Trade and Development, the country ranked 136 out of 189 countries in World Bank’s Ease of Doing Business report for the period to June 2014.


However, the reports says that Kenya trails her neighbours Tanzania, Uganda and Ethiopia in actual foreign direct inflows volumes.
The inflows represent a dismal 1.79 percent of gross domestic product estimated at Ksh5.56 trillion in 2014, way below the 10 percent target under the long-term development blueprint, the Vision 2030.