Kenya is among ten Africa Financial Market Index (AFMI) countries that have so far received Ksh.193.6 billion in funding in 2022 for the economic shocks buffer occasioned by the ongoing coronavirus pandemic.
The multibillion financing kitty emanated from the international Monetary Fund (IMF) which has played
Kenya’s overall performance slipped from the top ten in
capital markets ranking in Africa.
The report measured the openness and attractiveness of African countries’ financial markets to foreign and domestic investment, using data from central banks, securities exchanges and international financial institutions.
According to the fifth edition of