Mauritius firms splurge Sh5bn on Kenyan companies in one year

Fidelity Bank along Nairobi's Kaunda Street. FILE PHOTO | SAMMY KIMATU

Mauritian firms have injected more than Sh5 billion into the economy through acquisitions and investments in Kenyan companies, indicating tightening economic links between Nairobi and the Indian Ocean Island country. 

The rush to Kenya by Mauritian firms is partly spurred by a double-taxation agreement signed two years ago.

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