{"id":15106,"date":"2020-09-28T20:02:40","date_gmt":"2020-09-28T20:02:40","guid":{"rendered":"https:\/\/www.africa-press.com\/kenya\/?p=15106"},"modified":"2020-09-28T20:02:40","modified_gmt":"2020-09-28T20:02:40","slug":"kenya-among-top-five-most-attractive-african-countries-to-invest-in","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-among-top-five-most-attractive-african-countries-to-invest-in","title":{"rendered":"Kenya among top five most attractive African countries to invest in"},"content":{"rendered":"<p><strong>Author:\u00a0WAINAINA WAMBU<\/strong><br \/>\n<strong>AfricaPress-Kenya:<\/strong> African chief executives have picked Kenya as one of the top five most attractive countries for investment on the continent.<\/p>\n<p>The new Africa CEO Survey 2020 said that 37 per cent of business leaders polled identified Co?te d\u2019Ivoire, Ghana, Kenya, Rwanda and Senegal as the top African countries that are best for investment.<\/p>\n<p>Last year, the survey highlighted Kenya as a\u00a0top destination for foreign companies seeking expansion into Africa.<\/p>\n<p>This year\u2019s survey, dubbed, Pathways Towards the Emergence of an African Business model,\u00a0tackled private sector\u2019s top agendas, including impact of Covid-19 on business leaders\u2019 confidence, expectations regarding the Africa Free Trade Area Agreement (AfCFTA), the feminisation of organisations and the diversification of financing solutions, among others.<\/p>\n<p>The\u00a0survey\u00a0is an initiative of the Africa CEO Forum and Deloitte. It polled more than 150 business leaders operating on the continent.<\/p>\n<p>The study showed that 95 per cent of African companies\u2019 revenues were negatively hit by the pandemic.<\/p>\n<p>CEOs, however, expressed confidence in recovery despite the turmoil. \u201cAbove all, they are increasingly confident about the continent\u2019s long-term economic growth, while also acknowledging that the slowdown in global economic growth will have a negative impact on their domestic operations,\u201d said the authors of the report.<\/p>\n<p>The continent\u2019s business leaders\u00a0were enthusiastic about\u00a0the entry into force of the\u00a0AfCFTA next year, saying a single market initiative would accelerate growth.\u00a0\u201cThey share the belief that the unification process cannot be supported exclusively by public authorities,\u201d noted the authors\u2019 report.<\/p>\n<p>The survey, however, noted that African companies had not well incorporated women into their organisations.<\/p>\n<p>Over 74 per cent of companies women make up less than 25 per cent of board of directors\u2019 members, showed the survey.<\/p>\n<p>\u201cThe feminisation of organisations is a must and a key component of the African private sector\u2019s development. Although it is clear there is a direct correlation between good corporate performance and gender diversity on boards of directors, African companies still have considerable room for improvement in this area,\u201d said the authors of report.<\/p>\n<p>Over 95 per cent of business leaders polled said the speeding up of digitisation owing to Covid-19 is now establishing itself as an essential component of companies\u2019 recovery strategy.<\/p>\n<p>Further, 85 per cent of the business leaders polled noted that Covid-19 would have a major impact on innovation in the coming years.<\/p>\n<p>Over 93 per cent of\u00a0African business leaders\u00a0were committed to raising standards for their local populations with education, employment and health being the central focus areas for development of their local communities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Author:\u00a0WAINAINA WAMBU AfricaPress-Kenya: African chief executives have picked Kenya as one of the top five most attractive countries for investment on the continent. The new Africa CEO Survey 2020 said that 37 per cent of business leaders polled identified Co?te d\u2019Ivoire, Ghana, Kenya, Rwanda and Senegal as the top African countries that are best for [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":15102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[5855,5856],"class_list":["post-15106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-ceo-survey-2020","tag-investments"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Kenya among top five most attractive African countries to invest in - kenya<\/title>\n<meta name=\"description\" content=\"African chief executives have picked Kenya as one of the top five most attractive countries for investment on the continent.The new\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-among-top-five-most-attractive-african-countries-to-invest-in\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kenya among top five most attractive African countries to invest in\" \/>\n<meta property=\"og:description\" content=\"African chief executives have picked Kenya as one of the top five most attractive countries for investment on the continent.The new\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-among-top-five-most-attractive-african-countries-to-invest-in\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-28T20:02:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/09\/ceos_rank_kenya_as_t5f70d1d15fb65.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"559\" \/>\n\t<meta property=\"og:image:height\" content=\"309\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-among-top-five-most-attractive-african-countries-to-invest-in#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-among-top-five-most-attractive-african-countries-to-invest-in\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Kenya among top five most attractive African countries to invest in\",\"datePublished\":\"2020-09-28T20:02:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-among-top-five-most-attractive-african-countries-to-invest-in\"},\"wordCount\":434,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-among-top-five-most-attractive-african-countries-to-invest-in#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/09\/ceos_rank_kenya_as_t5f70d1d15fb65.jpg\",\"keywords\":[\"Africa CEO Survey 2020\",\"Investments\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-among-top-five-most-attractive-african-countries-to-invest-in#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-among-top-five-most-attractive-african-countries-to-invest-in\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kenya-among-top-five-most-attractive-african-countries-to-invest-in\",\"name\":\"Kenya among top five most attractive African countries to invest in - 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