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Kenya’s direct investment in Ethiopia hit KSh 60.2 billion in 2021—surpassing Tanzania and Uganda’s KSh 51.5 billion and KSh 56.3 billion, respectively.
Direct investment abroad-also referred to as outward direct investment— is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy.
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The Economic Survey of Kenya shows that its overall direct investments abroad generally exhibited an upward trend over the review period with a value of Ksh239.6 billion (US$1.75 billion) at the end of 2021 compared to Ksh93.5 billion (US$684 million) as at the end of 2015 with the exception of 2020 where the stock.
