Ethiopia, Tanzania and Kenya are East Africa’s “heavyweights”. There are some commonalities but also marked differences.
Ethiopia is transitioning from an agricultural country to a more manufacturing-oriented, urban economy.
Characterized by economic and political stability, Tanzania focuses on tourism and energy.
Kenya is the most advanced economy in the region. It accounts for the bulk of FDI inflows and boasts a thriving tech hub, including fintech.
For each of these three countries, we identify the most strategic sectors for foreign investment. We elaborate on the types of risk, the type and intensity of competition, and the return on investment.