Original disclosure @ AFDB website
Updated in EWS Jun 6, 2025
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According to the Bank’s website, the goal of this project is to support and facilitate sustainable and inclusive private sector led industrialization in the East African Community (EAC). This will be achieved by supporting improvements of the business and investment climate necessary for the development of priority value chains. The project will strengthen the private sector in the EAC region by addressing competitiveness and production challenges that hinder access to the African Continental Free Trade Area (AfCFTA) which is the target market for the EAC Partner States. The project’s general objective is cluster development for edible oils, leather and textiles value chains through technical assistance and capacity support to raise regional competitiveness while increasing their respective contribution to the sustainable and inclusive industrialization of the EAC region.
Environmental Category: [3] Low Risk
Finance Type: Standard grant
Commitments (UA): 763,097
Conversion Rate USD (2025-01-13): 1,32661
The East African Business Council (EABC) is a regional organization found in 1997 by the private sector associations and corporates from the 7 East African Community (EAC) Partner States (Kenya, Democratic Republic of Congo, Tanzania, Rwanda, Burundi, Uganda and South Sudan), to advocate for a conducive business environment for trade and investment in the region. It is based in Arusha, Tanzania.
Gerald Cornells Ochieng AJUMBO
Trade Facilitation Officer, PITD1
African Development Bank
g.ajumbo@afdb.org
www.afdb.org