J&E aims to work with the large Corporates and Banks or financial institution with high potential in East African economies. We believe that in addition to securing returns for investors, our services do enable the broader development objectives of the region.
- The East African Community (EAC) is among the fastest growing regions in sub-Saharan Africa (SSA). Over the last two decades, growth rates have picked up strongly in EAC countries, outpacing the rest of SSA.
- The African continent is richly endowed with mineral resources. The US Geological society ranks Africa as one of the largest reserve of bauxite, cobalt, industrial diamonds, manganese, phosphate rock, platinum group metals and zirconium.
- The EAC has several mineral belts that produce (amongst other commodities) tanzanite and gold, with Tanzania being the biggest regional gold producer. Burundi has some gold reserves along with copper, cobalt, nickel and uranium deposits. Exploration activity in western Kenya has increased significantly over the past few years.
- The EAC offers an opportunity of market integration which would then provide the member economies with greater international prominence and subsequently, foreign direct investment.
- In Sub-Saharan African economies, Small and Medium sized Enterprises (SMEs) account for up to 90% of all businesses and are an important providers of employment in the region. The African Development Bank (AfDB) has found that banks in East Africa are keen on increasing exposure to the SMEs of the region.