EAC investors make big moves in Kenya’s market

East African Community (EAC) businesses are increasingly expanding into Kenya’s key sectors, including service, manufacturing, agriculture 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 such as 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.

The growing interest of regional firms such as Amsons Group, Taifa Gas,…