Ernst & Young index ranks Kenya fourth top investment hub in Africa

What you need to know:

  • The Ernst & Young (EY) Africa attractiveness index released last week puts the country at fourth position on the continent after South Africa, Morocco and Egypt.

  • Kenya beat its East Africa neighbours in the ranking, followed by Rwanda in position nine, while Tanzania and Uganda took 12th and 13th positions, respectively.

  • On macroeconomic resilience, Tanzania and Uganda rank very high, the report says.

Kenya is the top most preferred investment destination in East Africa, with the majority of venture hunters attracted to good infrastructure and ease of doing business, says a new report.

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