PE firms invested Sh43bn in Kenya

A voter during the August 8 polls. Prolonged electioneering hit investments. PHOTO | TONNY OMONDI

Private equity and venture capital firms injected an estimated Sh43.57 billion ($430 million) into the Kenyan economy last year.

This was Sh9.12 billion ($90 million) more than Sh34.45 billion ($340 million) worth of deals inked a year earlier, as per estimates by East African Private Equity and Venture Capital Association (EAVCA).

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Note: The results are not exact but very close to the actual.