Efficacy of major lenders key to boosting investments

Kenya is awash with exciting economic opportunities, amazing people and a bright future. Looking forward, at this point, one cannot fail to wow at the determination of Kenya, its young people and how they are committed to participate in changing the narrative about Africa through innovation, creativity and bravery to venture in new frontiers.

Like any growing economy, the responsibility to lubricate the economies falls on players, ranging from the government, the private sector and foreigners who bring foreign direct capital to the country. The capital injections from Foreign Direct Investment go a long way in fueling the financing of start-ups and new innovations, cushioning SMEs from working capital uncertainties or giving fintech and mobile-lending start-ups a much-needed capital boost to lend to small companies and individuals. Looking at the Kenyan situation in 2020, it is easy to appreciate a positive business environment that is expected to support individual and business activity.