Kenya has ended a five-year slide in foreign direct investment after it attracted deals worth Sh107 billion in 2022, but was still beaten by Uganda, Tanzania and Ethiopia in the race to attract investors.
Findings of an annual survey by the UN Conference on Trade and Development (UNCTAD) suggest that foreign direct investment flows into Kenya made an upturn in 2022 after five consecutive drops on increased deals in renewable energy but still trailed regional peers.
