Kenya’s foreign direct investment (FDI) inflows fell $93 million (about Sh12 billion) last year, findings of an annual survey by a United Nations agency showed Thursday, citing bureaucracy in licensing regime despite increased digitisation.
The UN Conference on Trade and Development’s (UNCTAD’s) World Investment Report 2024 estimates FDIs amounted to an estimated $1.504 billion (Sh194.02 billion) in 2023 from a revised $1.597 billion (Sh206.01 billion) the year before.
