Main conclusions and recommendations

Kenya has dramatically underperformed in attracting FDI over at least the past two decades. This was the consequence of increasing corruption and insecurity, deteriorating infrastructure and poor economic policies, rather than of formal restrictions on FDI entry. Surprisingly, however, Parliament put in place such formal entry restrictions at the end of 2004, overturning decades of openness to foreign investors.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure