Kenya’s investment climate is the strongest in the EAC, with FDI flowing in from emerging and developed markets and a high volume of multinational companies with regional and continent-wide headquartered in the country.
POSITIVE INVESTOR SENTIMENT
FDI has been on the rise and is stronger than investment in other EAC countries. Given its position as the economic, commercial and logistical hub of East Africa, private equity capital is now flowing into Kenya.
In 2013, Kenya was the top destination for international investors in the Eastern Africa Region after attracting 12 private equity deals valued at over USD 110.5 million; and in 2015, PwC ranked Nairobi as the most attractive African city for FDI.
“Kenya is developing as the favoured business hub, not only for oil and gas exploration in the sub region but also for industrial production and transport. The country is set to develop further as a regional hub for energy, services and manufacturing over the next decade.” – UNCTAD
GLOBAL BRAND PRESENCE
RECENT LANDMARK INVESTMENTS
- Kwale International Sugar Company invested USD 200 million in a sugar processing facility in Ramisi – one of the largest greenfield projects in Africa.
- Harith General Partners invested USD 870 million in a wind project in Lake Turkana – one of the biggest wind projects in Africa.
- GZI Kenya Limited is setting up a beverage aluminium can manufacturing plant in Sultan Hamud Kajiado County with capacity to produce 1.2 billion per year.