Nairobi ranked third most attractive city to investors in Africa

Kenya: Kenya ranks amongst three nations perceived to be the most attractive investment destinations in Sub-Saharan Africa, a new study shows.

The other countries according to the survey by global consultancy firm Ernst & Young include South Africa and Nigeria. These countries account for over 40 per cent of the total foreign direct investment (FDI) projects in the continent, according to the survey whose findings were released yesterday. Angola, which is the fourth-largest recipient of FDI projects is similarly perceived to be the fourth-most attractive investment destination.