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UNDP and World Bank join forces with Kenya for FDI boost

The United Nations Development Programme (UNDP), the World Bank, and the Kenya Investment Authority (KenInvest) have announced a new partnership to develop and implement an Investment Facilitation Framework and Foreign Direct Investment (FDI) Attraction Strategy. The framework aims to create a transparent, predictable, efficient, and trusted mechanism for effective investment facilitation. Speaking during the launch of the partnership in Nairobi, Rebecca Miano, the Cabinet Secretary for the Ministry of Investments, Trade, and Industry (MITI), praised the partnership, stating that it will make it easier for investors to invest, conduct their business, and expand their operations in Kenya. She further added that through the partnership, Kenya…

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