Home News Kenya punching below its weight in battle for FDI Monday May 25 2015 East African Community presidents from left, Salva Kiir of South Sudan, Yoweri Museveni of Uganda, Paul Kagame of Rwanda and Uhuru Kenyatta of Kenya. PHOTO | FILE In Summary Kenya attracted equivalent to 1.1 per cent of its gross domestic product (GDP) as investment last year and is forecast to increase to 1.7 per cent this year. On the other hand, Uganda had FDI of 4.5 per cent, Tanzania 4.3 per cent, Rwanda 2 per cent and even volatile Burundi had 2.3 per cent.Kenya was also beaten by Ethiopia, its neighbour to the north, which achieved a FDI-GDP ratio of 2.8 per cent. Advertisement By GEOFFREY IRUNGU Advertisement In the headlines Ndayishimiye unveils lean Cabinet He has formed a lean Cabinet of 15 members, down from 21. Tanzania attains lower middle income status five years early This ends its eligibility for low-cost loans and preferential access to regional trading blocs. EAC MPs miss salaries in cash crunch Explosion rocks Mogadishu Kenya to reopen its airspace despite increasing Covid-19 cases WHO says first alerted to coronavirus by its office, not China Kenyans could have had Covid-19 before March Unrest: Ethiopia points finger at 'external forces'