Kenya attract foreign investors

“Kenya Has More to do to Attract Investors” — DP Ruto

Deputy President William Ruto has said Kenya has to do more to make it a preferred gateway to Africa for investors.

He said the country must adopt a radical and progressive stance in reforming the business and regulatory environment.

“An intensified collaboration between the Government, development partners and the private sector would firmly drive Kenya into being the continent’s business hub,” he said during the launch of the World Bank’s Doing Business in Kenya 2020 Report on Thursday in Nairobi.

Ruto said despite being ranked 56th globally out of 190 countries, first worldwide in the Protecting Minority Investors indicator and third in Sub-Saharan Africa, Kenya should not rest on its laurels if it is to rewrite its economic trajectory.

By putting in more effort in pro-business policies and programmes, the Deputy President noted that more international flows would be realised, and more jobs and wealth generated.