Demonstrators in Maputo rally to raise awareness about preserving natural parks amid industrial pressures.
Kenya’s political unrest is rattling investor confidence and opening the door for regional rivals such as Tanzania, Rwanda, Uganda, and Ethiopia to attract investment that would otherwise have gone to Nairobi. As deadly protests break out, multinational firms are “hedging their bets” and eyeing more stable environments, increasingly offered by Kenya’s neighbors. For instance, Tanzania secured $9.3 billion in investment in 2024 after a series of investor-focused policy changes. Rwanda and Ethiopia are also fine-tuning pro-business reforms to improve their attractiveness to investors. Though Kenya remains a tech and finance hub, concerns over its tax policies, youth unrest, and growing debt persist. While the Nairobi Securities Exchange has shown surprising resilience, suggesting investor faith in Kenya’s long-term promise, its neighbors may continue to gain ground unless Ruto’s government can address core grievances.
SEMAFOR