Kenya overtakes SA as biggest investor in African countries
A KCB banking hall in Rwanda. Kenyan banks and retail businesses have in the past decade ventured into the rest of Africa, including in volatile South Sudan. PHOTO | FILE
Kenya overtook South Africa to become the biggest investor in other African countries in terms of the number of projects in 2015.
The east African country invested in 36 projects last year in other parts of the continent against South Africa’s 33, a new study by financial consulting firm Ernst & Young shows.
