The private sector should now contemplate financing development projects in the East African Community (EAC) bloc as a measure to cut down donor dependency.
EAC Secretary-General Dr Richard Sezibera said in Kampala on Friday that the growing portifolio of the projects under the Community also called for diversifying the organisation’s resource base. “There is a need for the Community to tap into the potential funding from the private sector through the establishment of an EAC Private Sector Fund,” he said when he addressed CEOs from the private sector in Uganda. Read more. Source | The Citizen