Investments: Kenya lucky seven in the world for Investing: sub-Saharan Africa, now home to the world’s fastest-growing middle class. Investors continue to think of Africa almost entirely as an exporter of oil, gas, metals, and minerals, but services are playing an ever larger role across the continent. And governance in many countries has improved sharply. The World Bank’s 2013–14 “Doing Business” report asserted that sub-Saharan Africa has benefited more than other regions from regulatory improvement. Few countries offer greater promise than Kenya. For many developing countries—BRICs and beyond—that’s been the key missing ingredient. A decade ago it seemed that almost every emerging market would fully emerge. Africa’s other large economies, Nigeria and South Africa, face more than their share of political and economic turmoil these days, but Kenya appears headed in the other direction. Backed by a majority in both legislative chambers, President Uhuru Kenyatta appears poised to advance long-delayed plans to develop the country’s power sector and national infrastructure Uhuru Kenyatta, Government of Kenya, Youth Access To Government Procurement Opportunities (YAGPO), #MorningBusiness
Posted on: Mon, 26 Jan 2015 03:05:35 +0000
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