It seems that Kenya's efforts in cross-border investments are paying off if the latest report by the Foreign Direct Investment (FDI's) annual Standout Watchlist is anything to go by. According to the report, Kenya outranked all European nations and was the leading African nation in the ranking. From the ranking, three African nations made it to the top ten list; Kenya (third), Namibia (fifth) and Morocco (eighth). PCSThe study assessed the foreign direct investment opportunities of the world's top 50 FDI destinations using data from the International Monetary Fund (IMF) and FDI markets. Kenya was also praised for experiencing historically high direct investment flows since 2021.

Source: Daily Nation December 30, 2023 08:19 UTC