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For decades, Kenya and other African countries have overly tended to spend much of their political and diplomatic capital engaging countries located far from their borders, particularly the former colonial masters.
As a matter of fact, Africans treat their peers with inexplicable disdain and hostility. Little wonder that it is sometimes easier to communicate or trade with someone located in Europe or Asia than on the continent.
While much of that is informed by a colonial legacy that should have — with conscious effort — been eradicated, the situation persists. Granted, some trading and economic blocs have put effort to address this structural anomaly, but we are not there yet.
The East African Community (EAC) has generally done a commendable job though. For instance, Kenya, Uganda and Rwanda have continued to open their capital markets to EAC members. Tanzania, albeit belatedly, has followed suit.
This will help listed companies in the bloc easily raise capital as well as allow investors, including pension funds to diversify portfolios and make some cash.
On Tuesday, President Uhuru Kenyatta during his second-term swearing in borrowed a leaf from Rwandan head of state Paul Kagame and allowed Africans coming to Kenya to be issued with visas at the point of entry.
While this looks like an obvious step to take, it will have a lot of implications. For one, it can ease domestic tourism that should act as stabiliser for the fragile tourism industry.
Besides, trading between the continent’s economies that has by and large experienced higher growth than the rest of the world is likely to be buoyed for the benefit of all.
For instance, Kenya Airways  has had a hard time from Kenya’s demand that Nigerians get visas before travel.
The other important step is allowing EAC citizens to visit, work and invest using their IDs. This is long overdue as border dwellers have interacted for centuries even without IDs.
It will safeguard investments and livelihoods of our neighbours and boost our economy. It would of course be good if our neighbours reciprocate.
However, let’s be very careful with our intelligence and security not to allow in criminals. Nevertheless, the steps are in the right direction
Source: Busines Daily
Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of TradeMark Africa.