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East Africa Development Bank marks 50 years

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Dr. Mbui Wagacha, Former Senior Economic Advisor to the Office of the President (left) and Mahesh Kotecha, EADB Advisory Council Member (right) have a chat during the East African Development Bank Conference held in Kampala, Uganda.

This year, East African Development Bank clocks half a century excelling in being the leading development finance institution for member states. It marks the 50th year when the bank first opened its door for business. With primary focus on interventions in food security, infrastructure, education, health, natural resources, environment and regional integration. Since its establishment in 1967, the bank has remitted financial and other support to its member states.

In contrast to other development finance institutions, EADB has over the five decades successfully adapted to an industry in complete transformation, owing to the bank’s strategy of promoting sustainable socio-economic development in East Africa. In 1977, the bank suffered a scare of extinction after the collapse of East African Community due to operational and ideological differences between member states. The Bank was later reenacted by the signing of the Arusha Accord, which divided the assets of the former EAC and agreed that EADB should operate as a joint East African institution.

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A celebration of 50th anniversary

Over the fifty years journey, EADB has made significant contribution to member states in areas of education, health, environmental and natural resources protection and trade

“All these success wouldn’t have been possible without the hospitality of our wonderful host country Uganda her people & her leadership. We also thank our shareholders who remained unwavering in their support to the EADB over the last 50 years even in cloudy and stormy weather “said Ms. Vivienne Yeda, Director General EADB, during the celebrations at Serena Kampala Hotel.

EADB’s next Strategic Plan (2020-2025) and a 50 Year Vision for Sustainable Development in Africa.
In order for EADB to impact the region and continue to support efforts by member states, towards realization of  next 50 years vision of prosperity for our people, we must Create the Future we Want, hence #Generation2068 macroeconomic symposium in Kampala. The EADB has assembled the greatest minds from Academia, Business, Donors and Government to envision the sustainable development required in Africa during the symposium in an event dubbed “Think Tank”.

“We know that the future generations will face different challenges that we do due to the diminishing resources in our planet. We have come along & have many opportunities to shape the destiny of future generations so that they would be better off in real terms than we are today. We must address our challenges and difficulties with resolve and wisdom “added Ms. Vivienne.

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Lynda Ddane is Making Men Go Crazy on TV: Martha Kay’s Successor

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By Staff Writer

Lynda Ddane is everything we’ve been waiting for on TV. UBC did not do her full service. But finally we have her on NTV.

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And if feedback is to go by, the men can’t get enough of Lynda Ddane. Lynda also happens to be the queen of TikTok formerly musical.ly

She is fun, dramatic, but above all, she has the body to kill for. We share some of her awesome photos just to confirm

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Former BigEye.ug writer Jonah Kirabo set to represent Uganda in Turkey

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By Staff Writer

Former BigEye.ug writer and journalist, Jonah Kirabo is set to represent Uganda in a Turkish annual leadership conference, this website has confirmed.

Named LOCALINTERNational Conference, the programme gathers recent university graduates every year in Turkey’s capital city; Ankara as well as other cities in Turkey such as Istanbul among others to provide graduates with local governance training through instructions, practical governance and field visits including social activities and trips within Turkey and all expenses are covered by Turkey’s Union of Municipalities.

This will be the first time that a Ugandan is selected to attend this conference that happens every year since 2012.

An excited Jonah Kirabo took to his social media to announce the milestone saying that he owes his success to God as over 10 Ugandan’s applied for the opportunity but it was only him that was chosen.

“Proud to be the first ever Ugandan to be selected to attend the LOCALINTERNational Conference that is hosted annually in Turkey since 2012. Over 10 Ugandans applied this year but I was the only one who was selected to join the other 41 recent graduates from Europe, Asia, South American and Africa,” Jonah said in part.

He told this website that he hopes to use the skills from the conference to boast his journalism and leadership skills when he is back.

The conference will take place in Turkey between 18th – 29th August 2019.

*About Jonah Kirabo*

Aged 22, Jonah Kirabo is a recent graduate of Business Administration from Makerere University.

Despite pursing a business degree, Jonah has always had a passion for journalism and leadership. While at Campus, he worked as news reporter for several blogs and local websites including BigEye.ug and Campus Eye before joining the Nile Post where he is currently employed.

He is also a current student of journalism and media at the Kansanga based Media Challenge Initiative.

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Kiira Motors Car Assembly Plant Now 10% Complete

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By Staff Writer

Uganda will soon assemble its own cars at scale. The ongoing work at the construction site of Kiira Motors gives all the reason to believe.

“The biggest factor about any car company is its assembly plant, everything else is a walk over,” an inhouse engineer tells us.

Here are some of the photos from the site.

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