Motivation

  • For many modern economic theories, reasons for structural economic underdevelopment in Africa are difficult to grasp

  • Determination of reasons and the effect of poverty is complicated

  • Civil wars, political instability, corruption and more can be seen as reasons and as well as the result of the existing economic problems

  • However, Africa's economic growth rate is extremely great and many people are highly educated - but due to the economic problems jobs are still hard to find for many people

  • Africa does not need more money gifts but a strong economy to compete within the world market and to strengthen its own currencies

    • Purpose of the Association

  • The purpose of the association is to provide economical education about the current situation of the East African market and to generate an exchange of information. An interaction between industrialized countries and East Africa (Ethiopia, Kenya, Djibouti, Uganda) is intended to provide the economic attractiveness and potential contacts to promote easier to enter the market. This will strengthen the States in order to ensure economic independence.

  • The registered association pursues primarily selfless and not self-economic goals

  • Association funds may only be used for statutory purposes. Members do not receive payments from the funds of the association. No person may be favored by expenses that are foreign to the purpose of the corporation or by disproportionately high remuneration

    • East Africa

    Tourism: Africa is an increasingly popular tourist destination with a diversified tourism profile - A booming sector for investment and cooperation

    Horticulture/Agricultural Production: Attractive opportunities, esp. for flower, coffee/tea, cotton and cultivation (low labor costs and leasing rates)

    Industry and Processing: Many opportunities for investment and securing access to the East African market (and beyond)

    Renewable Energy: Africa has the world's largest reserves of renewable energy resources (geothermal, solar, wind), while only fractions of its potential is currently being exploited

    Export opportunities: agricultural products, leather, seeds, minerals

    Newly published technology systems and electromagnetic cable to connect Africa with the rest of the world - Telecom will increase in importance

    Advent of oil resources in Uganda and Kenya to strengthen Africa's economy

    The education system provides many academics and other professionals with expertise and with good language skills
     
     
     
     

    Barriers and solutions

    Barriers for African economists are the lack of experience with economic processes and difficulties to operate export fair, as investors are missing

    Barriers for foreign investorsis the lack of information and knowledge about culture as well as deficit of contacts to companies and people in business and industry

    EAES tries to overcome all these barriers by the following work areas:

    • Economic partners in Ethiopia, Uganda, Kenya and Djibouti

    • Knowledge of the economic processes in these countries

    • Native speakers with perfect English or German language skills for translations

    • Ability to react to economic changes through local news, newspapers, etc.

    What does EAES for Africa

  • Africa is a poor continent - Ethiopia, for example is the third poorest country in the world - but economic growth is high (with about 8,2 % top ten of the world) and many well-educated Ethiopians are available worldwide in the wings for challenging jobs

  • Africa has many natural resources what unfortunately has taken a back seat due to lack of functionality of the economy. Foreign investors can help to strengthen Africa's economy and generate jobs.

  • Foreign investors can help to strengthen Africa's economy and generate jobs

  • By investing in Africa and its people in future it will be on their own possible to stability for the continent

    • What EAES does for You

  • Although Ethiopia is a poor country, it is an economic growth of 8.2 % one of the fastest growing countries in the world.

  • Many economists in East Africa are interested in cooperation with other countries.

  • Despite rapid economic growth, few investors have the chance to enter these markets.

  • EAES provides a platform where you get the opportunity to gain information and contacts to shoot new markets.


    • Take the first step!

     
     
     
     
    Team


    Stephan Dabels
    Chairman of the board
     

    Caroline Jannasch
    Vice Chairman of the board
     

    Tino Hess
    Ethiopia
     

    Lutz Dabels
    East Africa
     

    Christian Frede
    Treasurer