ONOMO Hotel Dar es Salaam

Forthcoming 2014 East African Business Summit Launched in Tanzania

The forthcoming East African Business Summit (EABS) to be held in Kigali, Rwanda on June 4th to 6th 2014 was launched with a press conference in Dar es Salaam on 15th May 2014.

The events will bring together business and government leaders across East Africa to address the region’s Economic Transformation, while delivering tangible investment and policy suggestions for application by governments and business.

Anticipated key discussion for the 2014 Summit include investment promotion in EAC, Africa’s opportunities in mineral wealth, Private Public Partnerships (PPPs), liberalizing and interconnecting East African economic and regional capacity building.

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Speaking at the launch Leonard Msusa, Country Senior Partner at PWC Tanzania stressed the importance of improving regional competitiveness within East Africa.

“If you want to be competitive you have to lower the cost of doing business in East Africa, such as including more local human power rather than import costly labor, improving the efficiency of roads and railways but also removing non tangible barriers.” Msusa said.

Established in 2002 by CITI bank, Deloitte, KPMG, PWC, the Serena Hotels and the National Media Group, the initiative came out of the realisation that the private sectors need to actively drive the agenda for change in order to solve Eats African common problem and grown economically.

To learn more about EABS visit www.eabsummit.com

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