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CBK woos Kenyans abroad with investment incentives

CBK woos Kenyans abroad with investment incentives Tuesday April 06 2021 By CONSTANT MUNDA Summary Central Bank of Kenya (CBK) is looking at developing a framework that will offer special incentives to Kenyans abroad who set up businesses back at a home. CBK partnered with the Foreign Affairs ministry and Kenya National Bureau of Statistics in conducting a poll on the diaspora between January and March 2021. Central Bank of Kenya (CBK) is looking at developing a framework that will offer special incentives to Kenyans abroad who set up businesses back at a home. Governor Patrick Njoroge says the findings of a survey the bank ran on Kenyan diaspora and recipients locally will inform the development of a facilitative policy that encourages increased targeted direct investment flows by citizens living and working abroad.

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