Tanzania leads as top source of FDI into Kenya in East Africa

President William Ruto and Taifa Gas Group Chairman Rostam Aziz in Mombasa county on February 24, 2023.

Photo credit: File | Nation Media Group

Tanzania is the largest source of foreign direct investment (FDI) to Kenya among member states of the East African community (EAC).

Investors from Dodoma have pumped in a total of $72.45 million in Nairobi in the last six years highlighting the growing appeal of the Kenyan economy to regional and foreign investors despite continuous trade dispute with Tanzania over non-tariff barriers (NTBs).