Vice President of the United Republic of Tanzania Officially Opens the 2nd East African Business and

Entry Date Nov 18 2017 // News, Events

Vice President of the United Republic of Tanzania Officially Opens the 2nd East African Business and Entrepreneurship Conference & Exhibition Today.


Arusha, Tanzania: November 14th, 2017:
  Today, Her Excellency Hon. Samia Suluhu Hassan graced the 2nd East African Business and Entrepreneurship Conference & Exhibition during the official opening ceremony on at Serena Hotel in Dar es Salaam, Tanzania.

The 2nd edition of East African Business and Entrepreneurship Conference & Exhibition is taking place from 14th – 16th November 2017. It is co-organized by East African Business Council (EABC), Tanzania Investment Centre (TIC), Tanzania Private Sector Foundation (TPSF) and the East African Community (EAC).

Over 300 high-level government and private sector decision makers from the EAC Partner States as well as business leaders, East African Diaspora and investors from the region and abroad attended the conference.

In addition key industry experts, business leaders and relevant public decision makers such as Amb. Liberat Mfumukeko Secretary General, East African Community; Hon. Charles Mwijage , Minister for Industry, Trade and Investment, United Republic of Tanzania; Amb. Dr Augustine Mahiga Minister for Foreign Affairs and East African Cooperation, United Republic of Tanzania; Dr. Detlef Waechter Ambassador of the Federal Republic of Germany to the United Republic of Tanzania and to the East African Community; Mr. Vijay Pillai Adviser to Vice President for Africa, World Bank; Mr. Dennis Karera , Managing Director, Kigali Heights, Rwanda; Dr. Samuel Nyantahe, Chairman, Confederation of Tanzania Industries (CTI), Tanzania; Mr. Olivier Lambert, Lead Operations Officer, Multilateral Investment Guarantee Agency, Worldbank Group and Mr. Felix Mosha, Managing Director IBM Holdings, Tanzania discussed on the current policies and missing links in bid to accelerating industrialization, innovation and investment in the EAC.

Looking at investment trends, the total value of intra-EAC investment increased by 6.9 percent to US$254.1 million in 2016 from US$237.8 million in 2015. In 2015,  total value of intra-EAC investment increased by 14.5 percent from US$ 207.7 million in 2014.

“It is remarkable to see Kenya investing into other EAC countries.“ Mr. Dennis Karera , Managing Director, Kigali Heights, Rwanda.

This conference offers opportunity to dialogue critically on how to encourage entrepreneurship and attract more foreign and local investments into the region.

The conference is also an ideal opportunity to meet potential business partners & investors, learn about the latest developments in the region and influence policy measures.


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Notes to Editors

About 1st East African Business and Entrepreneurship Conference & Exhibition
The 1st East African Business and Entrepreneurship Conference & Exhibition was held from the 10th to 13th October, 2016 in Nairobi, Kenya; under the theme “Scaling up the Spirit and Bonds of Integration through Entrepreneurship”, more than 300 participants from 14 countries took the opportunity to discuss entrepreneurial trends, investment opportunities and existing constraints for businesses in East Africa Region. See: https://www.youtube.com/watch?v=DgV3TeHp1nw

About East African Business Council (EABC)
The East African Business Council (EABC) is the apex advocacy body of business associations of the Private Sector and Corporates from the East African Countries. It was established in 1997 to foster the interests of the Private Sector in the Integration process of the East African Community.

EABC’s vision is to be the dynamic apex body of the private sector in the East African Community, in fostering sustained economic growth and prosperity in the region.

Being the representative of Private Sector associations in the region, EABC was granted observer status in organs and activities of the East African Community (EAC). Therefore, EABC participates in various sectoral meetings, meetings of the Coordination Committee, Council of Ministers’ Meetings and the Summit of the EAC Heads of State; with a view to ensuring that the agenda of the Private Sector is well articulated and received by the policy makers. Visit: www.eabc.info

For more information please contact:
Ms. Lilian Awinja – Chief Executive Officer
The East African Business Council (EABC) - The Voice of Private Sector in East Africa
P. O. Box 2617 | Plot No. 01 | Olorien House | Perfect Printers Street | Arusha | Tanzania
Tel: +255 (27) 2543047 Fax: +255 272543047 Cell +255 758 124 318
Email:  info@eabc-online.com Website: www.eabc.info

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