The CEOs' view of Kenya was a stark contrast to their view on the African and indeed the globe's investment prospects. The PwC report also found East Africa to be best place to invest. Anne Eriksson, Country and Regional Senior Partner for PwC in Kenya and East Africa, said: "East Africa is in a good place now in terms of demographics and relative political stability. According to a new report by audit firm PriceWaterhouseCoopers (PwC), Kenya is top in the list of countries with best investment prospects in the next 12 months. The region is seen as a good destination to invest, whether for multinationals or venture capital or private equity funds."

Source: Standard Digital May 11, 2016 15:52 UTC