The topic might be wierd or you might be confused of what this is all about. Simply, this topic is made to connect the whole East Africans to the other part of Africa. It's where East African news is distributed. Any nation is welcome to comment,

lets start from here

TOP FIVE CITIES TO DO BUISNESS IN EAST AFRICA




The African continent boasts a
number of thriving, up-and-
coming commercial centers that
are creating a buzz in both
domestic and international
business sectors. Some of these
markets are based in East Africa
and with their fast-improving
business infrastructures and
untapped potential, these cities
are poised for expansion and
already attracting startups and
investors.
If you or your business are
searching for an East African
location to launch or expand,
then be sure to consider the pros
and cons of each of these five
cities.


Nairobi, Kenya

As one of the most sophisticated
and developed urban economies
in East Africa, Nairobi is rich in
natural assets and human
resources and is strategically
located to facilitate local and
international business.
Buildings under construction,
Nairobi
But it hasn’t all been smooth
sailing in recent years. Although
exports have kept pace with
imports, economic growth has
dipped in the last few years due
to drought, a high inflation rate
(October’s 6.72 percent inflation
rate is up nearly two percentage
points since August), and various
global events which have had a
massive impact on tourism.
Nevertheless, growth is projected
for several reasons.
Firstly, the discovery of oil, gas,
and titanium is destined to spur
growth in the mineral
commodities sector. Secondly,
Nairobi’s information and
technology sector is set to lead
the way in terms of economic
growth followed closely by
energy, construction, and
agribusiness sectors. New
businesses and startups involved
with any of these industries
would do well to closely consider
all that Nairobi has to offer.


Kigali, Rwanda


Rwanda’s renewed political
stability and a government which
is firmly behind the private sector
have made Kigali one of the most
talked-about places to do
business in East Africa.
The World Bank cites these
reforms as a primary reason for
the nation’s positive business
outlook. At the same time, there
are real challenges for business,
such as the relatively poor
infrastructure and the limited
availability (and high cost) of
electricity.
The KCT tower in downtown
Kigali
Kigali is a hub for mobile
banking and the finance sector,
in particular microfinancing.
While tourism has steadily
increased in the past decade and
helped to fuel the economy,
construction in Kigali has also
increased. Between 2002 and
2009, the nation’s GDP grew by
more than 250 percent.
Much of this growth is attributed
to the new-found ease of doing
business in Kigali thanks to
effective government reforms and
macroeconomic stability.


Addis Ababa, Ethiopia


The capital and largest city in
Ethiopia, Addis Ababa boasts a
diverse economy, and this is
easily one of its greatest
strengths and the reason for its
recent influx of investors and
startups.
A downtown skyscraper in Addis
Ababa, Ethiopia.
Although poverty is still a
challenge facing the city, new
high-rises hint at the wealth that
has been seeping into the city. In
fact, a recent report by CNN
stated that Ethiopia represented
the “optimism” of the continent
and its growing prosperity is a
sign of good things to come.
With a 10.8 percent economic
growth rate, good things have
started happening in Addis
Ababa.
Challenges for businesses still
exist –infrastructure is still
relatively poor and tax
assessments are inconsistent,
but experts believe that sectors
such as agriculture,
hydroelectricity, and fisheries all
have significant growth potential.
Moreover, rising incomes,
abundant human resources, and
an excellent transportation
network will all play integral
roles in the city’s projected
business growth.


Kampala, Uganda


Often referred to as the “pearl of
Africa,” the Ugandan capital city
of Kampala has experienced a
steady rise in GDP – to the tune
of 6.3 percent – since 2012. With
its large population (two million)
and an inexpensive labor base,
Kampala is proving attractive to
many businesses hoping to lay
down roots in East Africa.
A city view of Kampala
Limited available credit and the
slow development of
infrastructure remain as hurdles
to doing business in Kampala,
but public investment, according
to the World Bank, is likely to
drive the economy solidly
forward.
There is no doubt that the
business sector in Kampala
suffered stumbling blocks in the
past due to political instability
and the government’s poor fiscal
management, but those problems
appear to have been ironed out
and forecasters are confidently
predicting steady economic
growth.


Dar es Salaam, Tanzania


Dar es Salaam narrowly makes it
onto this list, but holds massive
potential and a few good reasons
to register on the continental
business radar. Tanzania’s
capital city has some compelling
developing sectors, like telecoms
and ICT, real estate, energy, and
agribusiness. Problems include
bureaucratic pitfalls which make
doing business there difficult, as
well as structural problems such
as poor infrastructure,
intermittent power supply, and a
high inflation rate; but the hope
is that these issues will be dealt
with in the short term and the
new president, John Magufuli is
ushering in a new era of hope in
the country.
Fish market in Dar-es-Salaam
Tanzania’s economy has already
begun to enjoy more government
support in the form of incentives
for domestic and international
investors. Its stable political
environment makes it extremely
enticing for businesses looking to
establish themselves in the
region. Finally, with plenty of
human resources and natural
resources just waiting to be
tapped, the city is poised for
growth in ways that are
appealing to business.
Before moving your business
venture forward, consider how
doing business in each of these
cities will impact your operations.
These five remarkable cities
represent the hope for future
business growth in East Africa.

ednited:
The topic might be wierd or you might be confused of what this is all about. Simply, this topic is made to connect the whole East Africans to the other part of Africa. It's where East African news is distributed. Any nation is welcome to comment,

lets start from here

TOP FIVE CITIES TO DO BUISNESS IN EAST AFRICA




The African continent boasts a
number of thriving, up-and-
coming commercial centers that
are creating a buzz in both
domestic and international
business sectors. Some of these
markets are based in East Africa
and with their fast-improving
business infrastructures and
untapped potential, these cities
are poised for expansion and
already attracting startups and
investors.
If you or your business are
searching for an East African
location to launch or expand,
then be sure to consider the pros
and cons of each of these five
cities.


Nairobi, Kenya

As one of the most sophisticated
and developed urban economies
in East Africa, Nairobi is rich in
natural assets and human
resources and is strategically
located to facilitate local and
international business.
Buildings under construction,
Nairobi
But it hasn’t all been smooth
sailing in recent years. Although
exports have kept pace with
imports, economic growth has
dipped in the last few years due
to drought, a high inflation rate
(October’s 6.72 percent inflation
rate is up nearly two percentage
points since August), and various
global events which have had a
massive impact on tourism.
Nevertheless, growth is projected
for several reasons.
Firstly, the discovery of oil, gas,
and titanium is destined to spur
growth in the mineral
commodities sector. Secondly,
Nairobi’s information and
technology sector is set to lead
the way in terms of economic
growth followed closely by
energy, construction, and
agribusiness sectors. New
businesses and startups involved
with any of these industries
would do well to closely consider
all that Nairobi has to offer.


Kigali, Rwanda


Rwanda’s renewed political
stability and a government which
is firmly behind the private sector
have made Kigali one of the most
talked-about places to do
business in East Africa.
The World Bank cites these
reforms as a primary reason for
the nation’s positive business
outlook. At the same time, there
are real challenges for business,
such as the relatively poor
infrastructure and the limited
availability (and high cost) of
electricity.
The KCT tower in downtown
Kigali
Kigali is a hub for mobile
banking and the finance sector,
in particular microfinancing.
While tourism has steadily
increased in the past decade and
helped to fuel the economy,
construction in Kigali has also
increased. Between 2002 and
2009, the nation’s GDP grew by
more than 250 percent.
Much of this growth is attributed
to the new-found ease of doing
business in Kigali thanks to
effective government reforms and
macroeconomic stability.


Addis Ababa, Ethiopia


The capital and largest city in
Ethiopia, Addis Ababa boasts a
diverse economy, and this is
easily one of its greatest
strengths and the reason for its
recent influx of investors and
startups.
A downtown skyscraper in Addis
Ababa, Ethiopia.
Although poverty is still a
challenge facing the city, new
high-rises hint at the wealth that
has been seeping into the city. In
fact, a recent report by CNN
stated that Ethiopia represented
the “optimism” of the continent
and its growing prosperity is a
sign of good things to come.
With a 10.8 percent economic
growth rate, good things have
started happening in Addis
Ababa.
Challenges for businesses still
exist –infrastructure is still
relatively poor and tax
assessments are inconsistent,
but experts believe that sectors
such as agriculture,
hydroelectricity, and fisheries all
have significant growth potential.
Moreover, rising incomes,
abundant human resources, and
an excellent transportation
network will all play integral
roles in the city’s projected
business growth.


Kampala, Uganda


Often referred to as the “pearl of
Africa,” the Ugandan capital city
of Kampala has experienced a
steady rise in GDP – to the tune
of 6.3 percent – since 2012. With
its large population (two million)
and an inexpensive labor base,
Kampala is proving attractive to
many businesses hoping to lay
down roots in East Africa.
A city view of Kampala
Limited available credit and the
slow development of
infrastructure remain as hurdles
to doing business in Kampala,
but public investment, according
to the World Bank, is likely to
drive the economy solidly
forward.
There is no doubt that the
business sector in Kampala
suffered stumbling blocks in the
past due to political instability
and the government’s poor fiscal
management, but those problems
appear to have been ironed out
and forecasters are confidently
predicting steady economic
growth.


Dar es Salaam, Tanzania


Dar es Salaam narrowly makes it
onto this list, but holds massive
potential and a few good reasons
to register on the continental
business radar. Tanzania’s
capital city has some compelling
developing sectors, like telecoms
and ICT, real estate, energy, and
agribusiness. Problems include
bureaucratic pitfalls which make
doing business there difficult, as
well as structural problems such
as poor infrastructure,
intermittent power supply, and a
high inflation rate; but the hope
is that these issues will be dealt
with in the short term and the
new president, John Magufuli is
ushering in a new era of hope in
the country.
Fish market in Dar-es-Salaam
Tanzania’s economy has already
begun to enjoy more government
support in the form of incentives
for domestic and international
investors. Its stable political
environment makes it extremely
enticing for businesses looking to
establish themselves in the
region. Finally, with plenty of
human resources and natural
resources just waiting to be
tapped, the city is poised for
growth in ways that are
appealing to business.
Before moving your business
venture forward, consider how
doing business in each of these
cities will impact your operations.
These five remarkable cities
represent the hope for future
business growth in East Africa.

ednited.. bringing east africa to Nigeria