East Africa is quickly becoming the new hub for companies looking to expand their businesses beyond national borders. More investors are looking at the greater East African community as one market.
Debates on where to locate production facilities and reap the benefits of economies of scale are raging especially now that governments across the patch are settling cross-border tariffs and treaties, as well as considering infrastructure for the region as a whole.
Regional or bilateral trade/investment agreements are becoming commonplace and they influence investor confidence among local, regional and global companies and investors.
Written by: Nancy OnyangoRisk Assurance Services Leader, PwC