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Kenya joins ‘Lucky Seven’ successors of BRICS

The February 2015 edition of Fortune magazine says President Uhuru Kenyatta (pictured) appears poised to fast-track the overdue expansion of the power sector and other infrastructure. PHOTO | FILE

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 By BD REPORTER
Kenya is tipped to be among seven economies that will replace the BRICS as new frontiers for long-term investment.

According to Fortune magazine, the other markets it dubbed the “Lucky Seven” are Indonesia, Mexico, India, Columbia, Poland and Malaysia.

India, already a member of the BRICS (Brazil, Russia, India, China and South Africa), is projected to remain among the world’s hotspots for capital.READ MORE

Sam Mwaura

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