Britons floor the Chinese in race for local investments

An employee makes notes in front of an electronic stock information screen inside the Nairobi Securities Exchange Ltd. (NSE), in Nairobi. (Courtesy)

Close to a third of foreign investment in Kenya in 2017 came from Europe, with the UK leading the pack, a new report has shown.

Surprisingly, China - Kenya’s largest bilateral lender and main source of imports - had a negligible share at 0.8 per cent, having invested Sh11.2 billion over the period.