Perspectives

Eastern Africa - Bringing African Expats back to Africa

“The nice thing about being away from home is the feeling of excitement when returning to it!” ~ Mehmet Murat ildan

Unpacking East Africa

Burundi - Unity, Work, Progress.

  • 2007 - Burundi joins the East African Community
  • 2007 - The United Nations shut down its peacekeeping operations in Burundi.
  • Burundi’s growth accelerated to an estimated 4.6% in 2013, up from 4.2% in 2012, thanks to increased activity in the secondary and tertiary sectors.
  • Agriculture provides over 94% of employment and more than 50% of the gross domestic product (GDP) of Burundi. In addition, the agricultural sector supplies 95% of the nation’s food needs and over 90% of its export earnings. 
  • Burundi has made progress in implementing the policy of free primary-school tuition and free healthcare, education for children under five and pregnant women moved Burundi seven places up the Human Development Index (HDI) in 2013.

Ethiopia - At the cusp of prosperity.

  • The economy has also experienced strong growth over the past decade, averaging 10.9% per year in 2004/05 - 2012/13 compared to the regional average of 5.3%.
  • Privatization - 111 state-owned enterprises identified for privatization, with 43 state-owned enterprises already in the pipeline, mainly in the manufacturing, construction, agriculture/agro-industry, hotels, transport, trade and mining sectors.
  • With Private universities and colleges flourishing in Addis and regional cities. Ethiopia presently turns out more than 10,000 university graduates per year, including business, management, economics, accounting, law and engineering graduates.
  • Ethiopia’s light rail system should be operational in early 2015 and will be among the first of its kind in Africa simplifying daily transport for millions in the capital

Kenya - Harambee (All pull together)

  • 2007 - Revolutionary Mobile Money Transfer, M-Pesa launched by Safaricom
  • 2008 - Kenya Vision 2030  was launched By President  Mwai Kibaki
  • 2010 - Promulgation of the new constitution
  • 2012 - Oil Discovered in Turkana by British oil Company Tullow
  • 2012 - Launch of the Lamu Port and South Sudan Ethiopia Transport (LAPSSET) project comprise of a new road network, a railway line, oil refinery at Lamu and oil pipeline
  • 2013 - General Elections held under the new constitution with introduction of devolved system of Government

Rwanda - Ubumwe, Umurimo, Gukunda Igihugu (Unity, Work, Patriotism)

  • 2007 September - launched of the Economic Development and Poverty Reduction Strategy (EDPRS) a mid-term framework building upon the development aspirations of vision 2020 and the Millennium Development Goals. Part 1 was achieved and part 2 launched in September 2013
  • 2013 - Ranked 48 out of 185 countries in the World Bank Doing Business Report
  • Average annual GDP growth rate of 7% - 8% since 2003
  • The country has over 3,000 km of a Fibre optic network with 4G LTE connectivity, covering 95%of the population.
  • Women hold 64% of seats in Rwanda’s parliament; more than any other country in the world.
  • Life expectancy rose from 51 years in 2002 to 64.5 as of 2012 census.
  • Rural electrification for rural development; approximately 350,000 customers 

Tanzania - Uhuru na Umoja (Freedom and Unity)

•2006 August - The African Development Bank announces the cancellation of more than $640m of debt owed by Tanzania, saying it was impressed with Tanzania's economic record and the level of accountability of public finance.

  • 2012 March - The Statoil and Exxon Mobil oil exploration companies make the biggest offshore discovery yet of gas reserves off the coast of Tanzania. The Zafarani field is close to the region off the coast of Mozambique where even larger deposits of gas are being developed by Anadarko and ENI.
  • 2012 – Tanzania achieves 7% economic growth and becomes one of the continents fastest growing economies.
  • Tanzania has continued to promote regional integration through tariff reduction. In 2012/13, the Common External Tariff (CET) on electricity was reduced from 10% to 0%. This was intended to reduce the cost of importing electricity into East African Community (EAC) member states.
  • The volume of trade between Tanzania and EAC partners has more than doubled, from USD 520 million in 2008 to about USD 1.2 billion in 2012.

Uganda - For God and My Country.

  • 2006 - Oil discovered around Lake Albert
  • Uganda remains on track to achieve its Millennium Development Goal for poverty reduction by 2015 with absolute poverty continuing to drop, from 24.5% in 2009/10 to 22.2% in 2012/13.
  • Telecommunication growth (Internet and mobile phones) from 4.2 million users in December 2011 to an estimated 17.5 million users today.
  • GDP growth is expected to accelerate to 6.9% in 2015, driven by robust private consumption. Economic growth is expected to average 7.1% in 2016‑17, before accelerating to 12% in 2018‑19  as oil production starts
  • Population growth from 24 million in 2002 to 34.9 million in 2014 as per the provisional national census results released by the Uganda Bureau of Statistics in November 2014
  • 2014  - viable gas deposits discovered
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