Kenya's foreign investment inflows in 2017 soar 71pc defying Africa slump

As Kenya aspires to achieve middle-income status and create jobs, attracting and retaining foreign investors becomes paramount.

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Foreign direct investment (FDI) in Kenya soared to $672 million (Sh67.7 billion) last year, a United Nations agency reported on Wednesday.

That robust 71 per cent increase contrasted starkly with a 22 per cent drop in FDI in Africa as a whole and a 23 per cent fall-off globally.

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