[fm]: Kenya’s Nairobi ranked Africa’s top FDI destination

Kenya’s capital, Nairobi, is attracting huge investment and industry experts reckon the government is working to ensure the trend is sustained.

A recent report by investment monitoring platform, FDI Markets ranked Nairobi as Africa's top foreign direct investment destination as it saw inflows surging by 37 per cent in 2015.

The country’s ministry of Investment, Trade and Industry is also reviewing draft regulations on special economic zones in efforts to promote export growth in the country.

Kaigua Munyi, Research Analyst at Genghis Capital said apart from the obvious benefits of tax benefits that are offered by Nairobi, there were also Public Private Partnerships (PPPs) that were attracting companies into the country.

By: Trust Matsilele. 

Review: Emerging Market Formulations & Research Unit, Flagship Records.

For The #FacebookTeam