The popularity of the Kenya Investment Authority’s (KENINVEST) eRegulations system keeps on rising steadily. In 2017, the system – which offers, as its core feature, a step-by-step guide to procedures relating to investment – now consistently attracts more than 10,000 visitors a month. 106,000 investors consulted the site in the first 8 months of 2017 – up from 76,000 for the entire 2016.
Launched in December 2015, Kenya’s system has become the most visited eRegulations system in Africa, ahead of Tanzania, Cameroon and Mali.
At the root of this success are KENINVEST’s and UNCTAD’s efforts to keep would-be entrepreneurs and investors informed of the government’s latest efforts to improve its registration procedures and the changes to the rules and regulations affecting the investment climate. 105 procedures have now been published on the system providing access to 541 steps, 1,155 forms and documents, and 77 laws and norms.
The system has become the go-to ‘place’ for trusted information on investment procedures in the country.