Regional Updates

MTN Mobile money users to conveniently make transfers to all networks

Users of MTN mobile money will conveniently send and receive money from MTN mobile money, Airtel money, Africell money & UTL M-Sente customers.

The move by MTN Uganda follows a directive by Bank of Uganda last year to all mobile money operators in Uganda to be inter-operable between local telecommunications companies.

To send money, the customer dials *165*1# then selects ‘International Transfer’


World Export Development Forum (WEDF) 2018

The EABC is pleased to invite you to participate in the World Export Development Forum (WEDF) 2018, themed ‘Scaling up through trade: Skill – Innovate – Connect’ on 10th – 12th September in Lusaka, Zambia.

This is a unique opportunity to expose East African goods and services to Zambia market as well as, build connections and partnerships with international distributors, suppliers and investors. This year, the Business-to-Business (B2B) meetings will be held on 10th-11th September 2018 and will focus on the following products: Agricultural crops (fruits, vegetables, coffee and tea, cereals and oilseeds); Honey and honey-by-products; Machinery for crop farming (fruit/vegetable/oilseeds processing); Postharvest storage systems and Packaging for vegetable-based products.

The conference session will commence on 11th – 12th September 2018 and offers an opportunity for the business community and high-level policy decision makers to reflect and engaged in candid discussions on:
• Jobs of Tomorrow, Through Trade
• Agriculture to Agribusiness:  Reducing Risks, Increasing Returns
• Tearing Down Trade Borders
• Going Green: Who Will Finance SMEs
• Reducing Risks for Investors in Africa

We welcome you to join the EABC business delegation to Lusaka, Zambia. Registration is free of charge. Kindly:

• Fill attached registration form to confirm your participation
• If you are interested in B2B networking, fill also the attached B2B questionnaire to receive a list of potential business partners based on identified business complementarities.
• Cover your costs of travel and accommodation to attend the forum.

All filled forms should be sent via email to with a copy to before 1st September 2018.


EABC appoints new chairperson

• Mr. Nicholas Nesbitt appointed EABC Chair
• Let’s Improve Competitiveness, says new EABC Chairperson

Nairobi, Kenya: June 29, 2018: The East African Business Council appoints Mr. Nicholas Nesbitt from Nairobi, Kenya as the new EABC Chairman for the period 2018/2019 during the 19th Annual General Meeting (AGM). Mr. Nesbitt takes over from Mr. Jim Kabeho from Uganda who has served for the period 2017/18. Mr. Nicholas Nesbitt is also the Chairman of Kenya Private Sector Alliance (KEPSA) & General Manager Eastern Africa, IBM East Africa Limited.

Dr. Manu Chandaria, EABC Founding Chairperson in his remarks during the 19th AGM urged the Private Sector to be committed to EAC Integration and to a strong EABC and speak with one voice on business and Private Sector issues.

“Speak as East Africa and not as individual Partner States,” Dr. Manu Chandaria, EABC Founding Chairperson emphasized the need for concerted strengthened Private Sector advocacy at regional level.
He also emphasized for the elected leaders to realize that working at the Regional level is a Commitment and they must be committed to give their best for a better East Africa.

In his acceptance remarks, Mr. Nesbitt reiterated the need to increase competitiveness of East African companies and SMEs to compete at continental as well as international level and expressed commitment to addressing the bottlenecks to intra EAC.

“As you might have realized, intra EAC Trade has been declining over the years (2014 to 2016) as it registered a decline of 10.1% between 2013 and 2014 and a further decline of 14.6% between 2015 and 2016 according to the EAC Trade and Investment reports (2015, 2016) and this was mainly attributed to restrictions on export of certain products to Partner States as well as persistent Non Tariff Barriers. This is not a good signal for regional business and my tasks among others will be aimed at to ensure there is seamless flow of goods and services within the community.”  said Mr. Nicholas Nesbitt.

“Let’s focus on competitiveness of our businesses to sell our goods at regional, continental, and international scale ” said Mr. Nicholas Nesbitt.

He urged for close collaboration with the governments of the EAC Partners States and called for the government to improve the business environment support the operations of the Private Sector to thrive. The new chair also called for improvement of technological infrastructure to fast track free movement of goods and services in the region.

“Adopt technology such as block chain to solve regional challenges like counterfeits and contrabands” said Mr. Nicholas Nesbitt, new EABC Chairperson.
The East African Business Council also appointed Vice Chairs and Members of the EABC Executive Committee who strategically guide EABC’s mission to promote sustainable Private Sector driven growth. The Annual General Meeting (AGM) is the supreme policy making organ of the East African Business Council (EABC). The AGM meets once a year to elect the Executive Committee headed by the Chairperson, receive annual report on the initiatives undertaken by the Secretariat and give overall direction to the Secretariat in line with the Strategic Plan and interests of the business community in East Africa. The EABC Board of Directors consists of 22 members, headed by a Chairperson, elected from the Partner States on an annual rotational basis. Each country nominates 4 Members to the Executive Committee.

The outgoing Chairman Mr. Jim Kabeho lauded the EABC Secretariat for the good work that has been done in the year under review and congratulated the incoming board of directors, urging them to continue the ongoing initiatives of the EAC Integration process.

Mr. Nesbitt further appreciated efforts by the former chair Mr. Jim Kabeho in steering the work done in the year 2017 together with the Executive Committee. Mr. Nesbitt reiterated his commitment and passion to work with colleagues, Executive Committee members and requested full support from EABC Members, EABC National Focal Points, Secretariat, as well as the East African Community Secretariat, Organs & Institutions, Governments of the EAC Partner States and Development Partners.

During the 19th EABC Annual General Meeting, EABC also honored outgoing board directors for their distinguished service to the council in the year 2017.

Notes to Editors
Speech of new EABC Chairperson

About East African Business Council

The East African Business Council (EABC) is the regional apex body of Private Sector associations and Corporates from the 6 East African Countries. It was established in 1997 to foster the interests of the Private Sector in the Integration process of the East African Community. Being the representative of Private Sector associations in the region, EABC was granted observer status in organs and activities of the East African Community (EAC). EABC therefore participates in various sectoral meetings, meetings of the Coordination Committee, the EAC Council of Ministers, and the Summit of the EAC Heads of State; with a view to ensure, that the agenda of the Private Sector is well articulated and received by the policy makers.

Vision: Borderless East Africa for business and investment.

Mission: To promote sustainable Private Sector-driven growth.

EABC Membership is drawn from the six East African Partner States and is open to all national and regional associations as well as Corporates with interest in the EAC Integration process or operations in the region. At national level, EABC activities are coordinated through the EABC National Focal Points, who are also the national Private Sector umbrella bodies. These are Federal Chamber of Commerce and Industries Burundi (CFCIB), Kenya Private Sector Alliance (KEPSA), Rwanda Private Sector Federation (PSF), Tanzania Private Sector Foundation (TPSF) and Private Sector Foundation Uganda (PSFU).



Global Peace Leadership Conference 2018

Uganda is hosting the Global Peace Leadership Conference 2018 from 1st to 3rd August 

The three day strategic high level summit will build consensus on response towards pressing regional and international challenges guided by a shared vision, principles, aspirations, and an innovative values based approach to improving the economy, education, security, leadership at all levels of society, youth productivity, and women empowerment as well as address community development needs.

The conference will run from August 1st – 3rd at Commonwealth Resort Hotel Munyonyo.

The promotes a model of moral and innovative leadership to bridge ethnic, racial and religious divides and tap the power of human creativity to uphold and achieve the promise of world of peace. log on and register.

The conference will run under the theme, “Moral and Innovative Leadership (New Models for Sustainable Peace and Development)”

It will attract the participation of Heads of State, First Ladies, Religious leaders, Cultural leaders, Entrepreneurs, Youth, Innovators, Women, Community organisers, Development partners, Celebrities, Teachers, Policy makers, Media, Environmentalists and Civil Society Organisations.


EABC celebrates 20 years, awards outstanding companies

November 2017 marked the attainment of EABC’s 20th Anniversary since its formation in 1997, a milestone to celebrate 20 years of dedicated advocacy for the Private Sector in East Africa and to showcase companies that have taken advantage of the EAC Regional Integration process, doing business across the EAC region.

The first edition of the EABC Business Excellence Awards, were launched on 10th January 2018 at Intercontinental Hotel in Nairobi, Kenya. The EABC Business Excellence Awards aim to recognize and showcase businesses that have achieved excellence in various aspects of their operations across the East Africa, keeping with the spirit of the East African Integration.

The winners of the first edition of the EABC Business Excellence Awards were announced and feted during the grand gala dinner at Kenyatta International Convention Centre in Nairobi, Kenya. The award ceremony took place on the evening of 23rd March 2018, after the high- level conference themed “Beyond East Africa – Moving from Aspiration to Action” as the culmination of the series of events organized to celebrate EABC 20th Anniversary.

EABC also awarded past chairpersons, development partners and high-level policy decision makers, to recognize their support towards EABC’s advocacy work over the last 20 years, as well as outstanding & distinguished service rendered to the Private Sector in their various capacities and responsibilities.

The winners of the EABC Business Excellence Awards 2018 earned the ultimate business accolade of business excellence among peers in the East African region.

The winners of the EABC Business Excellence Awards 2018 are:

Overall  Award

EABC Chairman’s Award – Overall Best Regional Company.

  • Equity Group Holdings – Winner
  • Mabati Rolling Mills -1st Runner Up
  • Chandaria Industries -2nd Runner Up

Corporate Awards – Sector Categories

Best East African Company – Building & Construction

  • Savanna Cement Limited – Winner
  • Roofings Group -1st Runner Up
  • Steel & Tube Industries Limited-2nd Runner Up

Best East African Company – Financial Services

  • KCB Group Limited- Winner
  • Equity Group Holdings Ltd-1st Runner Up
  • UAP Old Mutual Group-2nd Runner Up

Best East African Company – Media Company

  • Nation Media Group- Winner

Best East African Company – Transport And Logistics Company (Including Airline)

  • Siginon Group Limited- Winner

Corporate Awards – Cross Cutting Category

Best East African Company – Services Sector  

  • Vehicle and Equipment Leasing Limited- Winner
  • CV People Tanzania-1st Runner Up
  • East Africa Tea Trade Association-2nd Runner Up

Best East African Company – Manufacturing

  • Bidco Africa Ltd- Winner
  • Chandaria Industries-1st Runner Up
  • Mabati Rolling Mills-2nd Runner Up

Best East African Company -SME

  • Kentaste Products Limited- Winner
  • Efa Product Solution-1st Runner Up
  • Water Access Rwanda-2nd Runner Up

Best East African Company – Woman Owned Enterprise           

  • Aloesha Organic Natural Health Product- Winner
  • Benchmark Solutions Limited-1st Runner Up
  • Mohazo Eximpo Limited-2nd Runner Up

Best East African Company – Corporate Social Responsibility           

  • Equity Group Holdings- Winner
  • Bamburi Cement-1st Runner Up
  • The New Forests Company-2nd Runner Up

Best East African Company- Green Economy

  • Bidco Africa Ltd- Winner
  • Kakira Sugar Limited-1st Runner Up
  • KCB Group-2nd Runner Up

Best East African Company – Innovation

  • Safaricom- Winner
  • Bidco Africa Ltd-1st Runner Up
  • Savannah Cement Ltd-2nd Runner Up

The winners of the EABC Business Excellence Award 2018 have shown expertise and leadership in their respective business sector. Indeed, the awards will provide extra mileage in their marketing efforts and add more value to their brand as they  continue doing business across the region.