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The Standard e-Paper
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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Kenya is losing its lead position in foreign direct investment (FDI) to Ethiopia. This has happened as new investors turn their focus on the latter following wide-ranging socio-economic reforms.
Recent research into foreign direct investment flowing to Eastern Africa indicates that Ethiopia is narrowing the gap in attracting new investment. It could surpass Kenya in the value and number of capital projects in less than two years.
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