That foreign direct investment (FDI) inflows to Kenya is on a six-year low — as United Nations Conference on Trade and Development (Unctad) data shows — should be a cause for serious concern for East Africa’s largest economy.
Data shows that the inflows have been on a consistent decline, even as overall flows to the region continues to grow. The decline this year is quite significant – a 36 per cent drop to Sh40.7 billion, compared with 13 per cent increase in inflows to the region.