Business and Technology Reporter in Nairobi, Kenya
Nation Media Group
Kenya will convert at least 50 percent of its diaspora remittances receipts into investments in the domestic capital markets as it seeks to address harsh economic conditions and a relentlessly depreciating shilling which have scared away foreign investors.
Senior government officials last weekend engaged Kenyans living outside the country in an interactive virtual information session where they charmed them to take up the slots held by foreign investors in the country’s capital markets.
