Kenya’s foreign direct investment (FDI) inflows went against a regional recovery trend in 2021 after falling $269 million (Sh31.47 billion), a United Nations survey showed Thursday.
The UN Conference on Trade and Development’s (UNCTAD’s) World Investment Report 2022 estimates the FDIs amounted to $448 million (Sh52.42 billion using a conversion rate of Sh117 per dollar) from $717 million (Sh83.89 billion) in 2020.
