{{Kenya has been ranked among the top destinations for foreign direct investments in Middle East and Africa, thanks to the ongoing investments in infrastructure.}}<\/p>\n
The latest study by FDI Intelligence, a research arm of the London based Financial Times newspaper, ranks Kenya sixth in the Middle East and Africa, and third in Africa after South Africa and Morocco.<\/p>\n
The report released last week shows that Kenya attracted 55 projects last year compared with South Africa\u2019s 154 and Morocco\u2019s 70.<\/p>\n
The number of projects coming to Kenya rose 77% from 2010, pushing it ahead of Nigeria, and Egypt.<\/p>\n
However, the other East African countries did not feature in the ranking.<\/p>\n
\u201cGrowth in the number of projects coming to Kenya was the highest compared with Nigeria\u2019s 29% and South Africa\u2019s 57%. <\/p>\n
Egypt suffered a 29% drop in new projects due to the Arab Spring, even as Morocco registered a 40% surge in new projects,\u201d said the report.<\/p>\n
Inflows into the country were boosted by increased fundraising by oil and mineral prospecting companies seeking a share of Kenya\u2019s rising mineral resource profile. <\/p>\n
Other projects involved infrastructure, real estate, manufacturing and tourism.<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Kenya has been ranked among the top destinations for foreign direct investments in Middle East and Africa, thanks to the ongoing investments in infrastructure.}} The latest study by FDI Intelligence, a research arm of the London based Financial Times newspaper, ranks Kenya sixth in the Middle East and Africa, and third in Africa after South […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[100],"byline":[170],"hashtag":[],"class_list":["post-4294","post","type-post","status-publish","format-standard","hentry","category-news","tag-africa","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/4294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=4294"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/4294\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=4294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=4294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=4294"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=4294"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=4294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}