The serpent-folk ate all the Men of Akavir a long time ago, but still kind of look like them. They are tall, beautiful (if frightening), covered in golden scales, and immortal.
The part that catches my attention is "BUT STILL LOOK LIKE THEM". Leading me to wonder if the Tsaeci were a type of Akaviri man but eventually became the dominate type. In other words think of Vampires and the Tamrielic Men; it's as if saying the Vampires 'ate' the Men and instead of men there are just Vampires now.
References:
http://www.imperial-library.info/content/guide-akavir