NAIROBI, Kenya — East African Cables currently under administration, has issued a formal notice under the Insolvency Act summoning its first meeting of creditors for Tuesday, 19 August 2025.
This is part of the ongoing insolvency of the company.
To participate in voting, creditors must have already submitted their claims, complete with supporting documentation.
This notice comes against a backdrop of broader efforts to stabilize the company amid financial distress.
In July 2025, the joint administrators actively sought potential investors, stating that “in line with the provisions of the Insolvency Act, pursuit of the envisaged investor/transaction process in respect of EAC Kenya is subject to the approval of the creditors of the Company.”
Echoing a similar call, one market observer highlighted.
“Creditors of East African Cables PLC (in administration) will hold their first meeting on August 19, 2025, at 10:00 AM.”
Under the Insolvency Act, convening a first creditors’ meeting is a foundational step in administration, enabling stakeholders to review the company’s assets, liabilities, and the administrators’ proposals before voting on the way forward.
