EABC SUCCESSFULLY ORGANIZED THE FIRST EAST AFRICAN BUSINESS AND ENTREPRENEURSHIP CONFERENCE
EABC Chairman Felix Mosha, handing over the freshly released NCIP-report (on investment opportunities for the East African private sector under the northern corridor integration projects) to Hon. Phyllis Kandie during the official opening of the conference.
Our 1st East African Business and Entrepreneurship Conference and Exhibition has been successfully held from 10th to 13th of October 2016, at Safari Park Hotel in Nairobi Kenya!
More than 300 participants from 14 countries joined in this event, which aimed at bringing together high level political decision makers from the EAC and the EAC Partner States with high level executives and representatives of the regional and international private sector.
Among the East African dignitaries in attendance were personalities like, Dr. Mukhisa Kithuyi, Secretary General of UNCTAD as well as Amb. Juma V. Mwapachu and Amb. Dr. Richard Sezibera, both former Secretary General of EAC.
Kenyas’ government was well represented by Hon. Adan Mohamed, Hon. Phyllis Kandie and Hon. Sicily Kariuki, Cabinet Secretaries for Trade, EAC and Gender Affairs. Burundi had sent Amb. Jean Rigi, Permanent Secretary for EAC Affairs while Uganda was represented by Hon. Maganda Julius Wandera, Minister for EAC Affairs.
With the Federation of German Industries (BDI) as important partner, a selected delegation from Germany leads by Dr. Stefan Mair, Member of the Executive Board of BDI. was also present throughout the event.
Together with the National Investment Promotion Agencies, namely Kenya Investment Authority, Burundi Investment Promotion Agency, Rwanda Development Board, Tanzania Investment Centre, and Uganda Investment Authority, EABC managed to demonstrate the large variety of investment opportunities especially in the manufacturing, the infrastructure, the textile & leather, the energy and the ICT sector.
Regional heavyweights from the private sector could be found looking for new investment opportunities and sharing their long term experiences. As this conference and exhibition was specifically targeting entrepreneurs; several young entrepreneurial businesses also shared their success stories, explaining their business models and approaches to get financing as start-ups.
A special emphasis was put on women entrepreneurs, as they are seen as the group of entrepreneurs with the highest growth potential. A special “Ladies Dinner” was held to celebrate their achievements and to encourage further steps to be taken by the governments to support this special interest group.
All in all there were plenty of networking opportunities between the different sessions on and at the tremendous Networking-Barbecue-Dinner !
As a tangible result, the conference came up with a matrix of ten recommendations, which shall be followed up at the next edition : 2nd East African Business and Entrepreneurship Conference and Exhibition 2017 that will be held in Dar es Salaam, Tanzania!!!