Browsing: East Africa

Ethiopia, Kenya, Tanzania and Uganda are the regions’ economic powerhouses and are enjoying a period of significant economic growth – their Gross Domestic Products are forecast to grow by between 5.2 per cent and 8.5 per cent this year – supported by ongoing reforms and the improvement in commodity prices which has driven up export revenues.

In his capacity as Chairman of United Bank for Africa, Elumelu will travel to Uganda (April 10) and Kenya (April 12) to meet with the Presidents of both nations, Uhuru Kenyatta and Yoweri K. Museveni, to discuss issues around the growth and development of the their economies, enabling entrepreneurship, infrastructure financing, regional economic growth and how the private sector in Africa can work in shared purpose alongside African governments to create prosperity for all Africans.