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Deepening of The Private Sector Participation in East Africa’s Economic Integration Process

  • Project Name:
    Deepening of The Private Sector Participation in East Africa’s Economic Integration Process
    Institution :
    East Africa Business Council (EABC)
    Project Region :
    Eastern & Southern Africa
    Country :
    Tanzania
    Status :
    Closed
    Grant Number :
    247
    Grant Amount (USD):
    1 800 000
    Commitment Date:
    2010
    Closing Date:
    2014
    Introduction:

    At its 41st Regular Meeting, held from 31 August – 1 September 2009, the Executive Board of ACBF, approved a Grant of USD 1,800,000 in support of the East African Business Council (EABC) located in Arusha, Tanzania.

    Project Description:

    The overall goal of the project is to build capacity and empower EABC to effectively promote and influence the creation of a competitive business environment in the region. The project’s specific objectives are to:

    • Enhance the human and institutional capacity of EABC;
    • Stimulate private sector growth in the East African region; and
    • Expand the private sector’s participation and opportunities in regional integration process in East Africa.
Thomas Kwesi Quartey

ACBF has been granted the status of a specialized agency because of the potential to transform Africa through capacity development.
H.E. Thomas Kwesi Quartey, Deputy Chairperson, AU Commission
Erastus Mwencha

The recognition of ACBF as the African Union’s Specialized Agency for Capacity Development launches the beginning of a new era for capacity building by ACBF, which will require an appropriate level of political commitment and financial support from all stakeholders.
H.E. Erastus Mwencha, Chair, ACBF Executive Board
Lamin Momodou

The remarkable achievements ACBF has registered over the past 26 years is not by accident in our opinion. They have come through hard work, dedication, commitment, purposeful leadership, support from the member countries as well as productive partnership building.
Mr. Lamin Momodou MANNEH, Director, UNDP Regional Service Centre for Africa
Goodall Gondwe

Africa needs ACBF as much, probably more now, than at the time it was created in 1991.
Hon. Goodall Gondwe, former Chair of the ACBF Board of Governors and Minister of Finance – Malawi
Ken Ofori Atta

Ghana’s partnership with ACBF is a tremendous blessing for us and therefore the opportunity for Ghana to host the 26th ACBF Board of Governors Meeting is something that we treasure.
Hon Ken Ofori Atta, Chair of the ACBF Board of Governors and Minister of Finance - Ghana
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