Jomo Kenyatta government passed laws to encourage foreign investment, recognising that Kenya needed foreign-trained specialists in scientific and technical fields to aid its economic development. Under Kenyatta, Western companies regarded Kenya as a safe and profitable place for investment; between 1964 and 1970, large-scale foreign investment and industry in Kenya nearly doubled. In contrast to his economic policies, Kenyatta publicly claimed he would create a democratic socialist state with an equitable distribution of economic and social development. In 1965, when Thomas Mboya was minister for economic planning and development, the government issued a session paper titled "African Socialism and its Application to
Jomo Kenyatta For Kenyatta, acquiring an advanced degree would bolster his status among Kenyans and display his intellectual equality with white Europeans. Over the course of his studies, Kenyatta and Malinowski became close friends. Fellow course-mates included the anthropologists Audrey Richards, Lucy Mair, and Elspeth Huxley. Another of his fellow LSE students was Prince Peter of Greece and Denmark, who invited Kenyatta to stay with him and his mother, Princess Marie Bonaparte, in Paris during the spring of 1936. Kenyatta returned to his former dwellings at 95 Cambridge Street, but did not pay his landlady for over a year, owing over £100