[Courtesy]Eight out of 10 German businesses in Kenya have cited travel restrictions as the major negative effect of the Covid-19 pandemic. Maren Diale-Schellschmidt, a delegate of the lobby, said the numbers showed how the German businesses in Kenya are set for successful operation. German Ambassador to Kenya Annett Guenther said the recent German investments in pharmaceutical, manufacturing, insurance and after-sale service centres are signs of increased interest in Kenya. Full recoveryMost of the companies do not expect the Kenyan economy to return to the pre-Covid-19 level until next year. Only nine per cent expect the economy to recover in 2021, and six per cent do not expect a full recovery at all.

Source: Standard Digital May 21, 2021 05:26 UTC