Tanzania: Rich Tanzanians Invest Billions in Kenyan Firms

Nairobi — Wealthy Tanzanian citizens and firms have invested more than Sh5 billion in Kenya over the past two years, reversing the predominant one-way flow of capital between Nairobi and Dar es Salaam.

The cross-border investors have made their bets in Kenya's stock market, consumer goods, petroleum and financial services sectors.

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