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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

Thursday, April 28th 2016
Information and National Guidance, Maj Gen Jim Muhwezi, has encouraged manufacturing Ugandans and public relations practitioners to brand their products with a mark indicating Uganda as a sign of patriotism
Source: Monitor (Uganda)
Wednesday, April 27th 2016
African leaders and tourism enthusiasts are plotting for a new African-led path to end poaching on the continent
Source: Monitor (Uganda)
Tuesday, April 26th 2016
Atlas Mara said on Tuesday its board supported exploration of a possible acquisition in response to media speculation about its interest.
Source: The East African
Wednesday, April 27th 2016
Analysts say it's only a matter of time before a new case emerges which tests the boundaries of law enforcement and data protection.
Source: Nation (Kenya)
Wednesday, April 27th 2016
The show also coincided with another well-attended car-related event— “Save Carol from Cancer” car wash fundraiser at Panamera Bar parking lot
Source: Monitor (Uganda)
Thursday, April 28th 2016
He will replace Lee Karuri in new sweeping changes at the listed real estate firm.
Source: Nation (Kenya)
Tuesday, April 26th 2016
Knut and Kuppet have dismissed proposals to scrap the model.
Source: Nation (Kenya)
Wednesday, April 27th 2016
Uganda’s insurance industry has grown by 21.58 per cent in the last financial year according to the Insurance Regulatory Authority (IRA)
Source: Monitor (Uganda)
Tuesday, April 26th 2016
Tanzanian President said the watchdog failed to monitor the industry, resulting in the loss of potential tax revenues of Tsh400 billion ($182.15 million) a year.
Source: The East African
Wednesday, April 27th 2016
The electricity distributor is now placing transformers above live wires to curb their theft, which has exposed the utility to losses of hundreds of millions of shillings.
Source: Nation (Kenya)
Tuesday, April 26th 2016
CA invited requests for tenders “to carry out mobile survey on e-commerce and cyber prevention, detection and reporting in Kenya.”
Source: Nation (Kenya)
Thursday, April 28th 2016
Months of violence paralysed business activity in the landlocked country.
Source: The East African
Thursday, April 28th 2016
Lender says it is confident that Mr Mohamed’s breadth of financial services expertise will help in executing the bank’s growth strategy.
Source: The East African
Wednesday, April 27th 2016
Customers were only allowed to withdraw up to Sh1 million with other services unavailable.
Source: Nation (Kenya)
Thursday, April 28th 2016
Samsung Biologics' board members agreed Thursday to list the firm's shares on Seoul's main Kospi bourse by the end of this year in a step to fund more investment.
Source: Nation (Kenya)
Tuesday, April 26th 2016
The Uganda Free Zones Authority has said it has failed to secure funds from government to set up facilities to ease production of goods exclusively meant for the export market
Source: Monitor (Uganda)
Tuesday, April 26th 2016
The move seeks to root out an emerging trend where some sellers repackage certified feeds after adding soil which endangers animals health and has no nutritional content.
Source: Nation (Kenya)
Tuesday, April 26th 2016
The East African member states have been told to develop a more vibrant method that will accurately capture remittance inflows from community member nationals living and working abroad
Source: Monitor (Uganda)
Tuesday, April 26th 2016
The competition in the telecom industry has taken yet another shape with Africell and Airtel accusing each other of damaging their fibre optic cables
Source: Monitor (Uganda)
Tuesday, April 26th 2016
The programme will be sponsored by Kenya Commercial Bank’s youth fund.
Source: Nation (Kenya)
Tuesday, April 26th 2016
Barclays has around 769,000 customers in Kenya.
Source: Nation (Kenya)
Tuesday, April 26th 2016
The two nations are yet to agree a final levy in a project likely to be a public private partnership.
Source: The East African
Tuesday, April 26th 2016
Opening of the factory is expected to reduce prices of the key farm input.
Source: Nation (Kenya)
Wednesday, April 27th 2016
TradeMark East Africa report says cost of doing business and the time taken to get goods cleared and transported in the region went down significantly,
Source: The East African
Tuesday, April 26th 2016
Heavy rains have been pounding parts of the country disrupting traffic flow and supply of good and services like power blackouts.
Source: Nation (Kenya)
Tuesday, April 26th 2016
In Kenya, M-Pesa has about 19 million users transacting Sh15 billion daily.
Source: Nation (Kenya)
Thursday, April 28th 2016
Mr Thuku, an insider of the home-grown lender, has served as Family Bank’s Director of Retail Banking since 2013.
Source: Nation (Kenya)
Wednesday, April 27th 2016
Net profit for the year to December dipped by nearly a quarter.
Source: Nation (Kenya)
Tuesday, April 26th 2016
Analysts said the gains, partly prompted by a slightly weaker dollar, would likely be short-lived due to lingering worries about a global supply glut.
Source: Nation (Kenya)
Thursday, April 28th 2016
Lender says it is confident that Mr Mohamed’s breadth of financial services expertise will help in executing the bank’s growth strategy.
Source: Nation (Kenya)
Wednesday, April 27th 2016
All procurement professionals will be required to immediately apply for fresh practising licences under a new law meant to rein in rogue supply chain officers and eliminate quacks.
Source: Nation (Kenya)
Thursday, April 28th 2016
In the last eight years, this is the lowest profit Standard Chartered has ever posted
Source: Monitor (Uganda)
Wednesday, April 27th 2016
Buganda Kingdom, through its investment arm Buganda Investments and Commercial Undertakings Limited, has unveiled a platform to transform its communities through development partnerships
Source: Monitor (Uganda)
Tuesday, April 26th 2016
The Central Bank of Kenya’s (CBK) unit charged with supervising lenders lacks a tech savvy team to watch over transactions amid a confidence crisis after the collapse of three banks.
Source: Nation (Kenya)
Wednesday, April 27th 2016
The move signals relief for traders already burdened with levies.
Source: The East African
Thursday, April 28th 2016
Despite a court order and a pact with KQ bosses, some pilots did not show up for work, throwing the airline into momentary disarray as they sourced replacement pilots.
Source: The East African
Wednesday, April 27th 2016
Individuals with existing deposits will not be able to access loans.
Source: Nation (Kenya)
Wednesday, April 27th 2016
Hi Paul, Iam planning to buy a Mitsubishi Pajero Exceed but still biting my lips over the choice
Source: Monitor (Uganda)
Tuesday, April 26th 2016
The mobile money transfer platform has experienced a surge in usage across Africa, Asia and Europe, with active customers increasing by 27.1 per cent.
Source: The East African
Wednesday, April 27th 2016
Although Uganda’s economy has been described as resilient, there is consensus among technocrats and economic analysts that it is not growing as fast as it should
Source: Monitor (Uganda)
Tuesday, April 26th 2016
The recently launched Shs3.3 billion National Social Security fund (NSSF) project will diversify the Fund’s investment portfolio currently at 7.8 per cent
Source: Monitor (Uganda)
Tuesday, April 26th 2016
Dropping out of school, marked the beginning of a successful farming career for Silas Murithi, a resident of Gituri Village in Meru County.
Source: Nation (Kenya)
Thursday, April 28th 2016
A-Plus Group chief executive officer Ronald Zake argued that most people that lose their loved ones are always in grief and by the time they move to take up the services of funeral homes, they are already in financial...
Source: Monitor (Uganda)
Wednesday, April 27th 2016
Deal was reached in discussions brokered by the Cabinet sub-committee on KQ.
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