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Promoting
The
Diaspora's
Entrepreneurship

Creating effective
networks
and forging
strategic partnerships
in development

Facilitating
Free Flow
of Trade
and Commerce
Across Borders

Integrating development
agendas with
Diaspora resources

Diaspora
Engagement in
Home Country
Economic
Development

The Diaspora
catalyzes
efficient economic
development through
private and public
sector alliances

Brain
Exchange
For Nation
Building

Bridging
the technology gap
through innovative
and strategic
global partnerships

Nurturing
Potential
To Impact
Regional
Economics

Eastern Africans contribute to
science, technology, engineering,
and mathematics

Harnessing
Eastern
Africa's
Potential

The Diaspora is an ally in
protecting the environment and
promoting trade

Facilitating
Free Flow
of Trade
and Commerce
Across Borders

Integrating development 
agendas with
Diaspora resources

Home | East Africa Diaspora Business Council

About

The Eastern Africa Diaspora Business Council (EADBC) is a US-based non-governmental, membership-based organization established in 2013 to promote the Diaspora’s role in the delivery of technology solutions for development challenges by leveraging trade and investment partnerships between the United States and the greater East Africa region. EADBC represents professional, institutional, business and student memberships from Eastern Africa countries and the US - embodying expertise and investments in several key sectors including in ICT, Engineering, Energy, Agriculture, Environment, Education, International Trade and Development, Policy and Health Care.

Latest News

Monday, June 27th 2016
Imports from Kenya to Uganda have dropped by 35 per cent in the first quarter of the year, ending the landlocked state’s dominance as top destination for Kenya’s exports
Source: Monitor (Uganda)
Tuesday, June 28th 2016
Tanzania's central bank said on Tuesday it expects economic growth to accelerate to 7.4 per cent in 2017 from an estimated 7.2 per cent this year.
Source: The East African
Monday, June 27th 2016
President Uhuru Kenyatta Monday morning travelled to Botswana for a three-day State visit.
Source: Nation (Kenya)
Tuesday, June 28th 2016
Financial closure is defined as the process of completing all project-related financial transactions, finalising and closing the project financial accounts, disposing of project assets and releasing the work site
Source: Monitor (Uganda)
Monday, June 27th 2016
Uganda’s capital city and largest urban area, Kampala, reportedly generates about 60 per cent of the country’s Gross Domestic Product (GDP)
Source: Monitor (Uganda)
Tuesday, June 28th 2016
Experts say the impact of the Brexit on the global economy, though still difficult to quantify in the short run, will be seen more through the volatility in the financial markets
Source: Monitor (Uganda)
Tuesday, June 28th 2016
Agriculture Principal Secretary Richard Lesiyampe said Kenya has ample maize stocks.
Source: Nation (Kenya)
Monday, June 27th 2016
East Africa’s growing debt levels could push regional economies into financial distress in the wake of volatile local currencies and falling export earnings.
Source: The East African
Wednesday, June 29th 2016
Corporate managers in Uganda have an opportunity to widen their understanding of the latest media buying trends and tactics through a media buying conference taking place today
Source: Monitor (Uganda)
Wednesday, June 29th 2016
Safaricom has promised to compensate its subscribers for dropped calls within its network, raising the quality-of-service bar for rivals in an increasingly competitive sector.
Source: Nation (Kenya)
Monday, June 27th 2016
A strong work ethic is a key ingredient in enhancing the success of a startup
Source: Monitor (Uganda)
Wednesday, June 29th 2016
Sugar miller Mumias has temporarily stopped operations due to lack of raw material.
Source: Nation (Kenya)
Wednesday, June 29th 2016
World Bank Group has urged Uganda to develop and utilise her 800 tradable products properly to achieve broad economic diversification needed for long term and sustainable economic development
Source: Monitor (Uganda)
Monday, June 27th 2016
The Central Bank of Kenya has licensed Maisha Microfinance Bank Ltd (Maisha MFB) to carry out nationwide microfinance banking business.
Source: Nation (Kenya)
Wednesday, June 29th 2016
The firm said the facility would enable it reduce its total financing costs, extend maturities beyond existing terms and improve its liquidity position.
Source: Nation (Kenya)
Wednesday, June 29th 2016
Government has made more than Shs1 billion in just eight days as motorists rush to beat the July 1 deadline when the levies on driving permits are expected to rise
Source: Monitor (Uganda)
Wednesday, June 29th 2016
I worked in Subaru Nairobi for 14 years before I worked at Kampala Motors for another 14 years. When I came to Uganda, most people didn’t know how to repair Subaru cars because they were rare and I ‘suffered’ to teach...
Source: Monitor (Uganda)
Monday, June 27th 2016
EU powers have called for a swift divorce amid fears of a domino effect of exit votes.
Source: The East African
Wednesday, June 29th 2016
Today, if I want to buy a car like Brevis, Progrès, Harrier, I will be told not to. Reasons being they are fuel guzzlers, lack of spares and few mechanics who know these cars. What are high-end cars, if the above cars...
Source: Monitor (Uganda)
Tuesday, June 28th 2016
W. E. Tilley has denied owing the collapsed Imperial Bank Sh10 billion, claiming in court that the bank’s directors tricked it into writing a letter to the Central Bank that put it right at the centre of an alleged...
Source: Nation (Kenya)
Tuesday, June 28th 2016
The carrier said it needed to raise further funds to have sufficient working capital and implement changes as its operations had remained cash negative.
Source: The East African
Monday, June 27th 2016
In 2012, Ghana went on spending binge including a cocktail of increased borrowing with prospects that its oil revenues will help clear the debt
Source: Monitor (Uganda)
Monday, June 27th 2016
One fifth of British business leaders are considering moving operations abroad after the country's shock decision to leave the EU.
Source: Nation (Kenya)
Tuesday, June 28th 2016
The Anti-Counterfeit Agency (ACA) yesterday destroyed goods worth Sh100 million as it intensifies the fight against poor quality products.
Source: Nation (Kenya)
Tuesday, June 28th 2016
The Kenya Electricity Generating Company (KenGen) is for the second time in a row seeking an extension from the regulator to continue feeding the grid with Aggreko’s costly emergency power due to delays in setting up a...
Source: Nation (Kenya)
Tuesday, June 28th 2016
Kenyan workers are less productive than their counterparts in Uganda and Ethiopia, a World Bank report says.
Source: The East African
Tuesday, June 28th 2016
The grain farmers, traders and processors under their umbrella body, the East African Grain Council (EAGC), said it was time regional governments acted stringently on seed fraudsters to save farmers from incurring losses
Source: Monitor (Uganda)
Monday, June 27th 2016
Kenya will corporate with the rest of the world by ensuring the smooth running of financial markets after the UK turned its back on the EU.
Source: Nation (Kenya)
Wednesday, June 29th 2016
About 300,000 households and businesses will be linked to the national grid after the African Development Bank (AfDB) approved a Sh13.5 billion loan for a low-cost connection project.
Source: Nation (Kenya)
Monday, June 27th 2016
Companies seeking to grow market share and increase their customer base are largely depending on digital platforms, specifically social media platforms to sell and market themselves
Source: Monitor (Uganda)
Monday, June 27th 2016
Anyone in Uganda earning income from any source that is deemed to have been sourced in Uganda is supposed to pay income tax. This income could be from business, employment or property
Source: Monitor (Uganda)
Monday, June 27th 2016
Farmers earning more than Sh134,172 annually will soon start paying tax as the Kenya Revenue Authority (KRA) seeks to recruit more taxpayers to meet revenue collection targets.
Source: Nation (Kenya)
Wednesday, June 29th 2016
Controversial blogger Cyprian Nyakundi wants the High Court to dismiss an application by Safaricom to commit him to civil jail for defying a court order, arguing that he was never personally furnished with the document.
Source: Nation (Kenya)
Tuesday, June 28th 2016
Standard & Poor's removed Britain's coveted AAA status, downgrading it by two notches with a long-term negative outlook.
Source: The East African
Monday, June 27th 2016
Since 2015 full year financial results were released by publicly listed companies, investors are now meeting various boards of directors and company executives
Source: Monitor (Uganda)
Wednesday, June 29th 2016
Deloitte survey says investing firms cite vibrant private sector, rising middle class and ease of doing deals.
Source: Nation (Kenya)
Wednesday, June 29th 2016
Ugandans now have an opportunity to trade government securities on a daily basis after the launch of an exchange platform by ALTX Africa
Source: Monitor (Uganda)
Tuesday, June 28th 2016
Cotu has drawn a charge sheet which, if accepted by the court, will see suspended NSSF managing trustee Richard Lang'at and his colleagues charged with abuse of office.
Source: Nation (Kenya)
Tuesday, June 28th 2016
This is a shift from the previous strategy which solely focused on promotion of the country’s economic potential sectors
Source: Monitor (Uganda)
Monday, June 27th 2016
There has been significant growth in revenue collection, efficiencies in systems, human resource competences, professionalism and motivation as well as the expansion of the tax base
Source: Monitor (Uganda)
Wednesday, June 29th 2016
Rising demands for better wages by workers in the tea sector risk discouraging investments and hurting the economy, the Kenya Tea Growers Association (KTGA) said on Wednesday.
Source: Nation (Kenya)
Monday, June 27th 2016
Many times, people buy raw food to prepare at home. An example could be a bunch of matooke. Half way the bunch, due to supplementing it with some other stocked food in the house, it ripens and is thrown away
Source: Monitor (Uganda)
Wednesday, June 29th 2016
On a lazy Saturday afternoon, Jane Muzanganda was enjoying her cruise on Ggaba Road when suddenly, she heard the sound of sirens. She pulled over and parked her car
Source: Monitor (Uganda)
Wednesday, June 29th 2016
Large scale maize millers Wednesday continued to reject large quantities of maize sourced from National Cereals and Produce Board saying they are unfit for human consumption.
Source: Nation (Kenya)
Wednesday, June 29th 2016
President Uhuru Kenyatta has wrapped up his three day State visit to Botswana where he pushed for a review of regulations.
Source: Nation (Kenya)
Wednesday, June 29th 2016
Eighty per cent of electronics sold in the country are counterfeit while 34 per cent of medicines stocked in pharmacies are fake.
Source: Nation (Kenya)

EADBC Goals

Establish a hub where Eastern Africa Private Sector. US Private Sector and Diaspora can meet, share resources and develop partnerships.

Facilitate quarterly educational/business seminars, webinars, workshops and conferences highlighting business and partnership opportunities between Eastern Africa and USA.

Work with US Companies and academic institutions to facilitate entrepreneurship and innovation seminars and workshops in East Africa and around the USA

Work with US companies to provide internship opportunities for the students that meet the criteria

Form partnerships with US companies present in Eastern Africa to support a practical work placement for Eastern Africa graduates before they return home

Help facilitate working relationships between the Diaspora and the Eastern Africa Private Sector so that partnerships between the Eastern Africa Diaspora and Private Sectors can flourish

Help establish long lasting partnerships between cities and institutions to enable exchange of resources, knowledge and technology

Help establish an Education City in East Africa, where various Top Tier academic institutions can set satellite campuses and research and development facilities

Help establish Diaspora Public- Private Partnerships

Help establish Diaspora bonds which could be a debt instrument issued by a country or potentially, a sub-sovereign entity or a private corporation - to raise financing from its overseas Diaspora. Furthermore, we can facilitate talks with the appropriate agencies to provide tax breaks on interest income. Donor or multilateral aid agencies could also offer credit enhancements in the form of partial guarantees, to mitigate default risks

Work with the EAC to enable various Diaspora Professional Organizations/Association to be able to bid for large scale projects

Establish a hub where Eastern Africa Private Sector. US Private Sector and Diaspora can meet, share resources and develop partnerships.

Partners

East Africa Business Council
The Corporate Council on Africa
Embassy of the Republic of Kenya
Embassy of the Republic of Uganda
Embassy of the Republic of Burundi
Embassy of the Republic of South Sudan
Embassy of Ethiopia
Embassy of the United Republic of Tanzania
Embassy of Eritrea
Sub-Saharan Africa Chamber of Commerce