Andersen Global announces the official opening of its Kenya operations
Following the addition of a local member firm Nexus Business Advisory to its network in April this year, Andersen Global has begun to operate in the Kenyan market through its presence in Nairobi. The Kenya practice will be headed by Managing Partner at Nexus Business Advisory Phillip Muema.
A combination of political stability and economic diversification has made the region of East Africa the most lucrative market for investment on the continent – a scenario that global accounting and advisory firm Andersen Global has recognised since its establishment in 2012.
The firm began its operations in East Africa through the addition of Ligomarc Associates to its global network, based in Kampala, Uganda. The addition was made very early in January this year, following which the firm has continued its expansion across Africa, particularly in the Eastern region.
In April this year, the firm added Nairobi-based Nexus Business Advisory to its global network, expanding its East African presence into the substantial Kenyan market. Nexus is a boutique advisory firm specialising in the tax and advisory domains, which has been operational for over 25 years.
Nexus Business Advisory was founded by tax expert Phillip Muema, who has previously been a Partner & Head of Tax at Big Four accounting and advisory firm KPMG Kenya, where he worked for over 15 years. Muema is now the Managing Partner at Andersen Global in Kenya, which is now officially operational.
Muema has also joined the Andersen Global Advisory Council, which works on meeting the constantly evolving challenges facing the firm across the globe. He said of Andersen’s new operations, “Our doors are open to provide seamless tax and business solutions to all our clients regardless of location.”
Chairman at Andersen Global and Chief Executive Mark Vorsatz said of the operations, “The launch of Andersen name and trade mark in East Africa is the next step in expanding and strengthening our presence in this key market.” The Nairobi office is expected to act as the hub for the entire Eastern African operations.