Business and Technology Reporter in Nairobi, Kenya
Nation Media Group
East African countries defied economic turbulence occasioned by the Russia-Ukraine war, inflationary pressures to post a 17 percent growth in foreign direct investment inflows (FDI).
Global FDI fell by 12 percent to $1.29 trillion in 2022, from $1.48 trillion recorded in 2021, a result of the multiple crises witnessed last year, which caused many investment plans to bet put on hold across the globe.
