Top sectors to watch in East African Community in 2024

traders

Potato traders wait for traders for the valuable commodity outside Mwariro Market located along Ring Road in Nairobi, Kenya on April 11, 2023. PHOTO | FRANCIS NDERITU | NMG

East African economies are expected to grow by 5.1 percent in 2024 and 5.7 percent in 2025 bouyed by the service, tourism and transport sectors, according to a new report.

The East African Economic Outlook 2024 released by RSM Eastern Africa Consulting Ltd, an audit, tax and consulting firm, shows that the agriculture, manufacturing, financial, and infrastructure sectors grow in Kenya, Tanzania, Rwanda and Uganda.