adminhave grown at a faster rate than from anywhere else in the world during the period under review at 77,8 percent and 73,2 percent respectively.
The top five investors into Kenya by new foreign direct investments FDI projects in the same period were the US, India, UK, South Africa and Japan.
India, however, led the rest of the world by the number of new jobs created in Kenya followed by UK, US, China and Spain. “The growth in intra-African investment is being led by the respective regional powerhouses of Kenya, Nigeria and South Africa,” reads the report in part. South Africa’s investments into the rest of Africa have grown at a rate of 64,8 percent in the four years to 2011. Kenyan banks have solidified their grip on the regional market with the indigenous banks such as Equity
Bank, Co-operative Bank, and Kenya Commercial Bank spreading their footprint in almost all the neighbouring countries.
In the eight years to 2011, South Korea led in new projects which grew at 82 percent with Kenya coming second and India, third. This data, however, shows the number of new projects and not the value of the projects. The report did not capture mergers and acquisitions and other equity investments and had no minimum size for a project to be included, every project has to create new direct jobs. — CAJ News.
Online Reporter