Recently, East Africa has transformed itself to become one of the most promising trading and investment bloc in Africa. we have seen several world-class conferences relocating to the East African territory, from CHOGM, WEF-AFRICA, SULLIVAN SUMMIT, JAPAN INVESTMENT FORUM and many others which have contributed to the spotlighting of the region.
Uganda is joining the league of African oil producers, following the surging prices it has being mouth-watering energy hungry states, China, India and has increased her importance to the region tremendously.
Tanzania and Kenya have become strategic gateway for the landlocked contries in the bloc, Burundi, Rwanda and Uganda.
Kenya being the largest economy and most industrialize in East Africa will have expanded its potential market especially when the East African Common Market will be fully operational from 1st July 2010.
Given the future economic outlook of the East African block it will become synical for one to ditch the attractive opportunities emerging from this bloc(EAC).
Featured by,
Emmanuel Akyoo
Prominent Analyst
Director of Epak Capital Ltd.
Contacts:+255-784146756
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