Kenya ranks third behind its neighbours Uganda and Tanzania in
the East African Community. This is according to Stanbic Investment East Africa,
which sights high cost of doing business and lack of natural resources as the
main reasons.
Kenya’s FDI went down to 22 percent last year, compared to
40 and 36 percent in Uganda and Tanzania. However, Kenya remains optimistic
after the adoption of the new constitution and the discovery of oil in Turkana
County.
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