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British fund plans Sh81bn investments in Kenya
From left: Mike Foster, Economic Counsellor British High Commission, Nick O’Donohoe, CEO British International Investment, Jane Marriott, UK High Commissioner to Kenya and Seema Dhanani CEO Kenya- British International Investment. PHOTO | POOL
Kenya’s private firms could get investments amounting to Sh81.4 billion ($700 million) over the next five years from British International Investment (BII), which previously traded as CDC Group.
BII has pledged investments worth $7.5 billion (Sh873 billion) in Africa and the fund’s chief executive Nick O’Donhoe says Kenya has the potential of taking up 10 percent of the capital commitment going by previous investment trends.
