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EAC companies buck trend with mega Kenya deals
Rwanda Farmers Cofee Company sales and marketing manager Aaron Rutayisire (right) at Kigali Farms stand during the 2023 Agri-Africa Expo and Conference in Nairobi on May 11, 2023.
East African Community (EAC) businesses are increasingly expanding into Kenya’s key sectors, including service, manufacturing, agriculture, and oil and gas, bucking a trend where Kenyan firms have long dominated forays into the region’s markets.
Deep-pocketed investors in firms from EAC countries like Uganda, Tanzania, Rwanda and Somalia have been expanding their footprints into the country, threatening the dominance that has for long been almost exclusively enjoyed by locals and businesses beyond the region.
