Financial services sector biggest FDI inflows recipient

BD GRAPHIC

The financial services sector remains the biggest recipient of foreign investment inflows into Kenya, the latest statistics show, painting a picture of segments preferred by foreigners.

Fresh official data show that financial and insurance activities accounted for 40.04 percent of the nearly Sh683.84 billion stock of foreign direct investments (FDIs) in 2017, a growth of 8.47 percent over Sh630.46 billion a year earlier.

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