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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

Tuesday, January 17th 2017
For government procurements, when a bidder withdraws from the process, this will not only cause a delay in the delivery of public goods and services but will also lead to a waste of public funds due to the time and...
Source: Monitor (Uganda)
Tuesday, January 17th 2017
Banks and other financial sector players in Uganda await the issuance of the Agency Banking regulations in growing anticipation.
Source: Monitor (Uganda)
Monday, January 16th 2017
Staff found culpable by EACC officers have been suspended while others have been sent on compulsory leave, says Minister.
Source: Nation (Kenya)
Tuesday, January 17th 2017
Speaking in an interview on Monday, Mr Walusimbi revealed that none of the real estate companies operating in the area has registered despite giving them enough grace period
Source: Monitor (Uganda)
Sunday, January 15th 2017
According to the Uganda Wildlife Authority (UWA) executive director, Mr Andrew Gunga Seguya, the initiative is expected to reduce on accommodation fees for local tourists
Source: Monitor (Uganda)
Sunday, January 15th 2017
Tea prices at the Mombasa auction kicked off 2017 on a high note, nearly touching a one-year record during last week’s auction.
Source: Nation (Kenya)
Sunday, January 15th 2017
Airtel Kenya’s announcement of the second staff retrenchment within one year has raised questions on the firm’s ability to mount a challenge on market leader Safaricom.
Source: Nation (Kenya)
Tuesday, January 17th 2017
We have information that the Innovation Fund was incorporated into the annual plans of the ministry of ICT & National Guidance and was given a nod of approval by the President
Source: Monitor (Uganda)
Tuesday, January 17th 2017
Uganda’s Primate Lodge was selected among the best 19 tourism accommodations for travellers to look out for in the years to come by Essence, a Black Women Magazine in the United States of America.
Source: Monitor (Uganda)
Monday, January 16th 2017
Safaricom’s market valuation now outstrips the combined capitalisation of the next nine largest companies at the NSE.
Source: Nation (Kenya)
Sunday, January 15th 2017
Reason. Government may, among others, not have enough funds to facilitate the auditing.
Source: Monitor (Uganda)
Tuesday, January 17th 2017
On Monday, the four, Uganda Baati and the trustees of the Chandaria Foundation appeared in the civil division of the High Court
Source: Monitor (Uganda)
Monday, January 16th 2017
According to Ms Clara Mira, IMF Uganda Country Representative, Ms Lagarde will be in the country from January 25 to 27
Source: Monitor (Uganda)
Tuesday, January 17th 2017
The new Global Economic Prospects (GEPs) by the World Bank (WB) states that global economic growth is forecast to accelerate moderately to 2.7 per cent in 2017 after a post-crisis low growth
Source: Monitor (Uganda)
Tuesday, January 17th 2017
Business chiefs expect global economic growth to pick up in 2017.
Source: The East African
Sunday, January 15th 2017
Companies face a looming credit crunch this year which is likely to turn them to alternative sources of financing, an analyst has said.
Source: Nation (Kenya)
Monday, January 16th 2017
Picked from Forbes' billionaires list, they include Microsoft founder Bill Gates, Mark Zuckerberg who co-founded Facebook, and Jeff Bezos, founder of Amazon.
Source: The East African
Tuesday, January 17th 2017
Ms Jackline Nakirijja, was abandoned by her parents in Primary Seven which forced her to stay with her aunt.
Source: Monitor (Uganda)
Tuesday, January 17th 2017
The budget carrier has leased the plane from Abu Dhabi Aviation to replace one of the two older versions of the Q400 aircraft it is currently using.
Source: Nation (Kenya)
Tuesday, January 17th 2017
The acquisition has effectively left the cash-strapped Tullow to concentrate on its Kenyan project.
Source: The East African
Tuesday, January 17th 2017
British explorer Tullow Oil has announced new crude find in Turkana in northern Kenya.
Source: The East African
Monday, January 16th 2017
RwandAir will be the biggest beneficiary with direct flights to India starting this year.
Source: The East African
Monday, January 16th 2017
Tanesco has debts of $363 million, the ministry said in a statement, up from $250 million at the end of 2015.
Source: The East African
Tuesday, January 17th 2017
Tullow’s Uganda success was driven by another wildcat oil company, Energy Africa, a South African exploration company. Tullow acquired it for $500m (Shs1.8 trillion) at the time
Source: Monitor (Uganda)
Sunday, January 15th 2017
The government has earned in taxes from transactions by firms
Source: Monitor (Uganda)
Tuesday, January 17th 2017
Bid evaluation involves opening and evaluation of the bids by the tender committee to determine who among the bidders meets the requirements set by the procuring entity
Source: Monitor (Uganda)
Tuesday, January 17th 2017
Ethiopian Airlines will fly to seven new destinations in the next five months, the firm said on Tuesday.
Source: The East African
Sunday, January 15th 2017
Led by Justice Catherine Bamugemereire, the Commission reported that Dott Services did not have adequate capacity in terms of numbers and key personnel as well as adequate equipment to effectively execute the contracts
Source: Monitor (Uganda)
Tuesday, January 17th 2017
Uganda and Rwanda registered highest sales at the latest Mombasa Tea auction held at the beginning of the year despite distressing weather problems
Source: Monitor (Uganda)
Tuesday, January 17th 2017
Soya bean, the raw material used in the production of the flour, can be got across the country but particularly in the districts of Pallisa, Soroti and Kumi where it’s widely grown on commercial basis.
Source: Monitor (Uganda)
Tuesday, January 17th 2017
Ms Lagarde is expected to visit Uganda between January 25 and 28 in what she described as a trip that will help her understand Uganda’s economic agenda
Source: Monitor (Uganda)

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