The FDIs I think are nearly doubling every year -and with it really well paying jobs- we just need to keep focusing on infrastructure/enabling business enviroment/more friendly pro-investment climate.
Unlike most Africa countries getting FDIs from oil prospecting or minning or such extractive industries - kenya are getting FDIs from modern sectors - tech, manufacturing, real estate, retail, etc
While Kenya also remain a major source of FDI to the region.
One of the major bottleneck I see is work permits for foreigners - we need to follow Rwanda example - and make it very easy for anyone with money and good ideas to come here and start a business. This idea of protecting local jobs is crap - allow free movement of people - with ideas or money - and this country will grow.
The FDIs are flowing in and the beauty of it is going to different sectors, since we're a diversified economy. People harps on closure of eveready, PG and Cadbury but fail to acknowledge new investments. Also some of our local companies especially fast moving goods sector are the winning against multinationals.
Topic: Contrary to doomsdayer - Kenya is attracting big manufacturers. (Read 1530 times)