Despite mounting concerns on political and business risks associated with the looming August 2022 general election and the Coronavirus crisis, global private equity firms are pumping billions into the Kenyan economy as they look to reap returns in the medium to long term.
The private equity (PE) firms — a class of investors keen on maximising profits — have stepped up their focus on Kenyan companies renewing hopes that Nairobi is back on the global radar as an investment hotspot.