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Kenya still a favourite for foreign investors, EY says

FDI flows into Kenya has tended to ebb and flow year-on-year. PHOTO | FILE

By  JAMES KARIUKI

Consultancy firm EY (formerly Ernst & Young) has ranked Kenya as 2017's second-most attractive foreign investment destination in Africa.

This is despite poor performance last year where foreign direct investments (FDIs) dropped by 57.9 per cent.

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