Despite the disruption caused by Covid-19, East Africa remains the continent’s fastest-growing region. Though growth in Kenya, Ethiopia and Tanzania has slowed, it continues to be positive. East Africa is a key region for many multinational business hub offices, not to mention the rapid growth of entrepreneurs and tech-based hubs in the region. The success of the region can largely be attributed to major infrastructure projects, agricultural opportunities and significant economic growth. However, with recent violence in Ethiopia attracting global concern, could the region become destabilised?
- With the current crisis in Ethiopia and the knock on effect on the Horn of Africa and expected elections in Uganda early next year, followed by Rwanda and Kenya in 2022, what can we expect in terms of regional stabilisation?
- Despite the global pandemic, what business trends have emerged from the region and what are key sectors for investor interest?
- What will the AfCFTA mean for the region, what strides have been made so far to harmonise common policies to encourage regional investment?
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Source: Invest Africa