Multiple sectors

East Africa’s diversified economy helps mitigate headwinds

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Wealth creators

By Nicholas Norbrook

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Posted on March 15, 2023 11:32

East Africa is more diversified than other regions on the continent, which helps it mitigate global headwinds. Seven East African companies with yearly revenues over $1bn sit across telecoms, logistics, manufacturing, and utilities.

While Kenya and Ethiopia dominate our regional ranking of East Africa’s biggest companies, Tanzanian conglomerate Mohammed Enterprises (METL) is slowly piercing through.

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