Countries | TAIC East Africa

COUNTRIES

TAIC is constantly monitoring the latest trade & investment opportunities in the most rapidly growing countries of the East African Community; Kenya, Tanzania, Uganda and Rwanda.

Based on research and analysis we prioritize the most interesting trade and investment opportunities per country featuring benefits in the form of supply chain, attractive policy environments, preferential market access and more. Our publications contain economic projections from banks, think tanks and consultancies.

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1. Tanzania

Tanzania is one of the fastest growing countries of East Africa. Beside some challenges the country has enormous growth opportunities for both investors and foreign companies.

2. Uganda

Uganda’s economy is rapidly growing and it's power, agricultural, construction, infrastructure, technology, and healthcare sectors present important opportunities for business and investment.

3. Kenya

Kenya is a middle income nation and plans to be a newly industrialised nation in 2030. Major industries include agriculture, forestry, fishing, mining, manufacturing, energy, tourism and financial services.

4. Rwanda

The economy of Rwanda has undergone rapid industrialisation due to a successful governmental policy.

Rwanda has witnessed an economic boom, which improved the living standards of many Rwandans.

5. Congo

The Democratic Republic of Congo’s economy is forecast to expand by more than 6% for a second consecutive year. Congo is one of the world’s biggest producers of copper and the main source of cobalt, a key ingredient in the lithium-ion batteries that power most electric vehicles.

6. South Sudan

The economy of Sout Sudan is growing. Growth is projected to rebound to 5.3% and 6.5% in 2021/22 and 2022/23 due to increased oil export receipts. It will be driven by industry and by private consumption and investment.

7. Burundi

Burundi’s economic outlook is favorable, with projected GDP growth rates of 3.6% in 2022 and 4.6% in 2023 owing to the continuing recovery of agriculture and public investment.

About the EAC

Economic growth in East Africa is soaring ahead of other regions on the continent at close to 7 percent while the overall outlook for the rest of Africa is cautious, but positive. Job creation and ramping up manufacturing will continue to be major priority areas for creating growth and employment.