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Originally published by The Kenyan Wall Street
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business
August 22, 2025
2h ago

Kenya Sees Foreign Investment Uptick as Investors Balance Optimism with Hurdles

Kenya Sees Foreign Investment Uptick as Investors Balance Optimism with Hurdles

Foreign investors have raised concerns over electricity costs, regulatory bottlenecks, tax administration, corruption, as pressing hurdles..

✨ Key Highlights

A recent survey reveals that while foreign investors in Kenya are optimistic about the business environment, they face significant hurdles including high electricity costs and regulatory bottlenecks. Despite these challenges, foreign liabilities increased to KSh 2.34 trillion by the end of 2023, driven by an 8.5% rise in Foreign Direct Investment (FDI).

  • The stock of foreign liabilities in Kenya grew by 3.4% to KSh 2.34 trillion in 2023, with FDI increasing by 8.5%.
  • The survey was released by the Kenya National Bureau of Statistics (KNBS), the Central Bank of Kenya (CBK), and the Kenya Investment Authority (KenInvest).
  • Europe, particularly the United Kingdom and the Netherlands, remains the largest source of foreign liabilities, while Africa, led by South Africa, is the second largest.
  • Foreign investors reported a 3.3% rise in total employment, reaching 224,704 workers in 2023, with women accounting for 39.1% of the workforce.
  • The finance and insurance sector attracted the largest share of FDI, followed by manufacturing and information and communication.

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