East Africa Finance Acts 2023/4

Within the seven nations of the East African Community (EAC), Rwanda set an early lead with a wide set of policies to support the transition to e-mobility in April 2022.

With new Finance Acts for 2023/4, the policy landscape in Kenya, Tanzania and Uganda is shifting to support e-mobility. These changes will directly impact at least 75 companies involved with import, assembly or manufacturing of electric vehicles in these three countries.

We unpack recent policy changes, and highlight the benefits, gaps, and key areas for future improvements.

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