Firms carrying out cross-border mergers and acquisitions within the East African Community (EAC) bloc with a value of at least Sh4.5 billion ($35 million) will now require approval by the East African Community Competition Authority (EACCA) under new rules that take effect on November 1, 2025.
The mandatory notification will apply to transactions in which the merging entities intend to carry out business in at least two of the eight EAC member states, but an exemption will be granted when each of the parties has at least two-thirds of its aggregate turnover or assets within the same EAC partner State.