Unlocking East Africa’s investment potential

East Africa is poised for a prosperous year economically, with the region projected to experience a 5.1 per cent growth in GDP. Kenya, Rwanda, and Tanzania are leading the momentum in the region, attracting investors from all over the world. CNBC Africa spoke with Francis Nasyomba, President of the CFA Society in East Africa, to delve into the factors driving this economic surge. Nasyomba highlighted the significance of sustainable investments and how they are paying off, leading to advancements and growth in various sectors of the economy. The conversation touched on the importance of establishing solid foundations for economic progress and the role that effective policies play in fostering a conducive environment for investments. Nasyomba emphasized the need for continuous innovation and interactions to propel economic growth in East Africa. With a focus on sectors like technology, finance, and agriculture, the region is on a path towards achieving its full economic potential. The interview also shed light on the resilience of the East African economy amidst global challenges. Nasyomba discussed the impact of external factors on the region and how local initiatives and investments have helped mitigate some of these challenges. By harnessing the power of sustainable investment practices and strategic partnerships, East Africa is not only sustaining its growth but also attracting more investors looking to be part of this economic transformation. As East Africa continues to position itself as an attractive destination for investors, the potential for further growth and development in various sectors is vast. With a concerted effort towards innovation, sustainability, and effective policies, the region is laying a solid foundation for long-term economic prosperity and opportunities for its people. The investment potential in East Africa is being unlocked, paving the way for a brighter future for the region and its people.