Ethiopia and Uganda controlled more than half of Foreign Direct Investment (FDI) flows into Eastern Africa in 2019, a UN report suggests, shining the spotlight on Nairobi’s strategy to attract big-ticket investors.
The two countries attracted Sh454.91 billion ($4.5 billion), an equivalent of 51.13 percent of the Sh889.59 billion ($8.8 billion) flows into the region, the United Nations Conference on Trade and Development (UNCTAD) says in latest report.
