Market News Kenya climbs to number 9 in Africa investment rankingVehicles on the Southern Bypass in Nairobi. Kenya is undertaking key infrastructure projects. The index is constructed from investment indicators, which include the share of domestic investment in GDP, the share of Africa’s total FDI net inflow, GDP growth rate forecast and a population-augmented GDP growth factor. Quantum Group said that international investors are looking at a variety of sectors including energy, infrastructure, tourism and ICT. Kenya is currently undertaking or about to undertake several infrastructure projects including the dualling of the Nairobi-Mombasa highway, extension of the standard gauge railway, bypasses in several major towns as well as geothermal and wind energy projects.

Source: The North Africa Journal March 28, 2018 08:37 UTC