Kenya and Tanzania are targeting 195 billion shillings in new trade and investment.

Written by Omnia Hassan

Both  Kenya Tanzania has an ambitious goal of increasing the volume of trade and joint investments, by achieving 130 billion Kenyan shillings in new trade and 65 billion Kenyan shillings in cross-border investments in the coming period.

This trend comes as part of concerted efforts to enhance economic integration between  Kenya  Tanzania facilitates the movement of people, goods and services without bureaucratic or technical restrictions.

Removing non-tariff barriers is a top priority

Both sides believe that accelerated business and trade growth will only be achieved by removing non-tariff barriers that impede the smooth flow of movement across borders.

These obstacles include delays in procedures at border crossings, lack of standardization of specifications and standards, in addition to restrictions on market access. A deadline of June 30, 2026 has been set for the complete removal of these obstacles, which will pave the way for an unprecedented trade and investment boom.

The Joint Business Council is a platform for institutional coordination.

In this context, it was decided that the Joint Business Council between the two countries would become the central platform for coordination and organized cooperation between the public and private sectors. It was also agreed to transform the Tanzanian-Kenyan Business Forum into an annual institutional event held regularly to review what has been achieved, follow up on implementation, and explore new opportunities for cooperation.

The Dar es Salaam Business Forum brings together the private sector

During the business forum held yesterday evening in Dar es Salaam, in the presence of President Samia Suluhu Hassan, more than 300 businessmen and representatives of the private sector from both countries participated. The forum provided an opportunity to exchange views on mechanisms for activating partnerships, accelerating the pace of investment, and enhancing integration between markets.

A stable and stimulating investment environment

Both sides affirmed their firm commitment to providing a stable and predictable business environment, based on clear legislation, investor protection, and enabling the private sector to lead economic growth.

These steps are seen as the cornerstone for achieving the stated goals and establishing a strategic partnership capable of driving development in East Africa.

Logistics and digital integration to support the flow of trade

The two countries are counting on developing logistical and digital infrastructure to enhance the flow of trade and reduce its cost, by modernizing border crossings, expanding road and rail networks, and linking customs clearance systems electronically between the relevant authorities.