* * * It is a pleasure for me to celebrate with you the award of the 2019 Bernácer Prize to Loukas Karabarbounis, Professor of Economics at the University of Minnesota.1 As you know, the Bernácer Prize has been awarded every year since 2001 to an outstanding young European economist working in the fields of macroeconomics and finance.
In particular, FDI out of Kenya by capital investment reached $ billion in 2015 placing it tenth in the Middle East and Africa region compared with U.A.E. $ billion), South Africa $ billion), Mauritius $ billion), and Egypt $ billion).