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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

Wednesday, February 3rd 2016
Uganda Revenue Authority (URA) has threatened to revoke operation licences of clearing agents who are found delaying clearance of goods, especially at border points
Source: Monitor (Uganda)
Thursday, February 4th 2016
Multi-million road contracts dished out to private contractors through county governments are now in jeopardy after the central government warned against use of alternative low cost technology.
Source: Nation (Kenya)
Friday, February 5th 2016
Kenya has signed a Sh6.3 billion financial facility to aid irrigation and agricultural activities in 11 counties.
Source: Nation (Kenya)
Tuesday, February 2nd 2016
The Shs3.3 billion property dispute involving three businessmen over the shareholding of the premier gambling outlet, Kampala Casino
Source: Monitor (Uganda)
Wednesday, February 3rd 2016
Kenya Airways management could be spared the headache of an overhaul demand as the Kenya Airline Pilots Association shifts to a shaky stance on the fate of KQ managers.
Source: Nation (Kenya)
Thursday, February 4th 2016
More than 5,000 large depositors with the collapsed Imperial Bank may have to wait longer for their deposits after shareholders moved to court to challenge their pay out.
Source: Nation (Kenya)
Friday, February 5th 2016
Africa Oil Corporation, the partner of Tullow Oil Plc in Kenya has received Sh43.6 billion ($427 million) from Maersk Oil & Gas.
Source: Nation (Kenya)
Thursday, February 4th 2016
Treasury is still fighting to keep a tax agreement out of parliament after a lobby group sued them over a pact it signed with Mauritius back in 2012.
Source: Nation (Kenya)
Tuesday, February 2nd 2016
Stiff competition and high returns expected to attract more foreign interest.
Source: Nation (Kenya)
Friday, February 5th 2016
Top managers of beer maker EABL Thursday met Tanzania’s competition watchdog seeking to iron out differences over its 2010 takeover of Serengeti Breweries Limited.
Source: The East African
Thursday, February 4th 2016
The Energy Ministry Thursday said contractors missed the January 31 public schools electrification deadline by 5,726 primary schools.
Source: Nation (Kenya)
Thursday, February 4th 2016
Speaking during a tour of Busia and Malaba border posts, the URA commissioner for customs warned clearing agents against wasting time clearing goods at the borders.
Source: The East African
Wednesday, February 3rd 2016
The Auditor General is auditing the government online procurement system to stop fraudulent transactions that have dealt a blow to Jubilee government.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
Water and electricity industry stakeholders are converging in Nairobi to showcase the latest technology and explore opportunities in the sector.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
Quebec taxi drivers went to court Tuesday seeking a permanent injunction banning Uber in the Canadian province.
Source: Nation (Kenya)
Thursday, February 4th 2016
Kenchic Limited franchise has written to fast foods outlets giving them a 30 day notice to withdraw its Kenchic Inn branding from the market.
Source: Nation (Kenya)
Thursday, February 4th 2016
Taxi lobby says it will stop taxi operations in Nairobi after the period lapses and hold street demonstrations until their demands are met.
Source: The East African
Thursday, February 4th 2016
The National Social Security Fund (NSSF) is the most dominant player in Uganda’s pension sector, a report by the industry regulator has revealed. The Uganda Retirements Benefits Regulatory Authority
Source: Monitor (Uganda)
Friday, February 5th 2016
The Communications Authority board was on Friday disbanded following advice from Attorney General Githu Muigai.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
Uganda has in the recent past tried out its luck in manufacturing a car. The project that was run under Kiira Motors and is in the near future yet to become a reality, has seen a KIIRA EV Smack as its second project.
Source: Monitor (Uganda)
Thursday, February 4th 2016
Analysts are painting buoyant prospects for the Nairobi Securities Exchange this year.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
A Uganda-based Norwegian Tech-Firm (Laboremus) says it is ready to employ graduates who got First Class degrees in Information Communication Technology from Makerere University
Source: Monitor (Uganda)
Thursday, February 4th 2016
Smallholder farmers have been urged to use technology to solve some of the agricultural challenges in addition to facilitating financial inclusion
Source: Monitor (Uganda)
Wednesday, February 3rd 2016
I drive a Benz. I had to buy something for me to appreciate my hustle so I acquired a Benz. My fiancé is happy about it and in fact, she contributed some money towards its purchase
Source: Monitor (Uganda)
Friday, February 5th 2016
Local steel manufacturers have escalated their dispute with the government over cheaper imports from China to the EAC.
Source: Nation (Kenya)
Tuesday, February 2nd 2016
Government is in advanced stages of establishing a law that will pave way for the formation of an autonomous institution that will license, regulate and supervise non-Microfinance Deposit Taking Institutions
Source: Monitor (Uganda)
Tuesday, February 2nd 2016
The country is yet to know the cost of hosting the 14th Unctad conference.
Source: Nation (Kenya)
Thursday, February 4th 2016
The presence of counterfeit Linglong tyres on the Ugandan market has forced the Chinese Company to appoint City Tyres as its sole distributor in the country
Source: Monitor (Uganda)
Wednesday, February 3rd 2016
The retail chain is putting final touches to two shops in Tanzania, two in Rwanda and one in Uganda in what is expected to bring its branch count outside Kenya to 20.
Source: The East African
Thursday, February 4th 2016
Innovation Village has embarked on new projects in partnership with the CEO Summit Uganda to shape private initiatives which will transform Uganda
Source: Monitor (Uganda)
Thursday, February 4th 2016
Liquid Telecom has ventured into video on demand leveraging on its extensive fibre network in a market share war with US video streaming titan Netflix.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
Kenya is pitching its ambitious infrastructure and industrialisation projects to foreign investors in Addis Ababa in the 3-day US Africa Business Summit.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
Busoga Kingdom has leased out a 100-acre piece of land in Mayuge to an investor to establish a Shs102 billion solar photovoltaic (PV) electricity plant
Source: Monitor (Uganda)
Friday, February 5th 2016
A quiet revolution is taking place in the banking and finance sector; the steady growth of Islamic banking in the country.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
The International Monetary Fund (IMF) has predicted that sub-Saharan African will grow by 4.0 per cent in 2016 up from 3.5 per cent recorded last year
Source: Monitor (Uganda)
Tuesday, February 2nd 2016
National Oil Corporation of Kenya management has untill mid this month to begin audit.
Source: Nation (Kenya)
Friday, February 5th 2016
News Corp. on Thursday reported a 56 percent drop in quarterly profits on weaker revenue from its newspaper operations worldwide.
Source: Nation (Kenya)
Thursday, February 4th 2016
Disgraced former IMF chief Dominique Strauss-Kahn has been appointed to the supervisory board of a bank owned by Ukraine's second-richest businessman Viktor Pinchuk.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
Accountants have backed the call by Auditor-General Edward Ouko to hire county auditors.
Source: Nation (Kenya)
Tuesday, February 2nd 2016
Government will be slowing down domestic borrowing in the next financial year in order to avoid depriving the private sector of access to loans
Source: Monitor (Uganda)
Wednesday, February 3rd 2016
Despite the country's oil and diamond resources, Angola suffers endemic poverty.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
The government last year collected Sh2.3 billion through its e-Citizen portal, cutting out middle men who thrive on corrupt deals in government services.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
The government Wednesday pledged to support the flow of scientifically produced agricultural knowledge and materials to enhance food production among the smallholder farming communities.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
Oil prices extended sharp losses for a second day Tuesday as traders anticipate another rise in US crude stockpiles, worsening the global glut.
Source: Nation (Kenya)
Friday, February 5th 2016
More than 100 companies from 31 countries are set to participate in the Project East Africa Summit to be held in Nairobi later this month.
Source: Nation (Kenya)
Thursday, February 4th 2016
Global crude prices will average $37 a barrel this year, giving hope for prolonged low fuel prices in oil importing countries such as Kenya.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
The National Treasury has admitted that the software currently being used to run the country’s financial system is faulty.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
The permit classifies that for one to qualify for any permit, they have to be 18 years and older. To get permits above Class B, Musoke says it is imperative that a driver is older and has gained experience
Source: Monitor (Uganda)
Friday, February 5th 2016
Kenya Airways has rescheduled its night flight to Kigali, Rwanda, following closure of the international airport.
Source: Nation (Kenya)
Wednesday, February 3rd 2016
Hi Paul I have a Land cruiser TZ Petrol 3490 cc 1997 model but it has a hard start every time it cools. I even tried to adjust the accelerator wire to a position 1 but it fluctuates back below. What should I do?
Source: Monitor (Uganda)
Thursday, February 4th 2016
Barclays Bank of Kenya has appointed a director to drive its twin retail and business banking units in response to its new market dynamics.
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