This archive report was first published on 18 November 2019.
On Saturday, Abojani Investment, a digital-first personal finance management company, hosted its inaugural investment summit, bringing together industry experts to share insights on investing in Kenya.
According to Robert Ochieng, CEO of Abojani, the company aims to train one million Kenyans on financial awareness by 2020, marking a significant step towards promoting financial literacy in the country.
Reuben Kimani, CEO of Username Investment, emphasized the importance of conducting thorough research and due diligence when investing in the real estate sector. He advised investors to focus on lowly priced areas with solid backing and potential for growth, rather than investing haphazardly.
Paul Mwai, CEO of AIB Capital, made a compelling case for investing in the stock market, highlighting the importance of asset allocation and diversification. He noted that private sector-driven growth, rather than public sector-driven growth, has favored the stock market, and that investors are increasingly seeking opportunities in the stock markets and other asset classes due to the low-risk free interest rate environment.
