Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Overview of East Africa Finpro – Nairobi Trade Center 03/16/2011 Introduction 03/16/2011 • East Africa is the easterly region of the African continent and refers to the area comprising the countries of Kenya, Tanzania, Uganda, Rwanda and Burundi who have formed an intergovernmental organization called the East African Community (EAC) • The geography of East Africa comprises of the Great Rift Valley, East Africa is the site of Mount Kilimanjaro and Mount Kenya, the two tallest peaks in Africa. It also includes the world's second largest freshwater lake Lake Victoria, and the world's second deepest lake Lake Tanganyika. © Finpro 2 KENYA- Largest East African economy 1. Kenya is the most industrialised country in East Africa and the regional hub for trade and finance. Agriculture employs 80% of the population and accounts for 50% of all exports and 25% of the GDP. 2. Country Profile • Population: 40 046 566 (2010) • Capital: Nairobi • Area: 582,650 km² • Language: Kiswahili, English • Coastline: 536 km • Terrain: Low plains rise to central highlands bisected by Great Rift Valley; fertile plateau in west • Climate: varies from tropical along coast to arid in interior; two rainy seasons (March to May, October to December) • Inflation rate: 5.42% (2010 est.) • GDP (PPP) per capita : US$1,600 (2010 est.) • Agricultural Products: tea, coffee, corn, wheat, sugarcane, fruit, vegetables; dairy products, beef, pork, poultry, eggs • Major exports 2008: horticultural products, tea, coffee, fish & fish preparations • Leading markets 2009: Uganda, UK, USA, Netherlands, China • Leading suppliers 2009: United Arab Emirates, Saudi Arabia, South Africa, USA, China 03/16/2011 © Finpro 3 TANZANIA- 2nd largest East African Economy 1. The economy depends heavily on agriculture, which accounts for more than one-fourth of GDP, provides 85% of exports, and employs about 60% of the work force. 2. • • • • • • • • • • • Country Profile Population: 41,892,895 ( July 2010 est.) Capital: Dar es Salaam (commercial) Dodoma (official) Area: 947,300 sq km Language: English, Swahili or Kiunguja and Arabic (widely spoken in Zanzibar) Coastline: 1,424 km Terrain: plains along coast; central plateau; highlands in north, south Climate: varies from tropical along coast to temperate in highlands; there are two rainy seasons Currency: Tanzanian Shilling (TZS) Inflation rate: 7.2% (2010 est.) GDP (PPP) per capita: $1,500 (2010 est.) Agricultural Products: coffee, sisal, tea, cotton, pyrethrum, cashew nuts, tobacco, cloves, corn, wheat, cassava (tapioca), bananas, fruits, vegetables; cattle, sheep, goats Major exports 2009: gold, coffee, cashew nuts, manufactures, cotton Leading markets 2009: India, China, Japan, Netherlands, UAE, Germany Leading suppliers 2009: India, China, South Africa, Kenya , UAE, Japan • • • 03/16/2011 © Finpro 4 UGANDA-3rd largest East African Economy 1. Agriculture is the most important sector of the economy, employing over 80% of the work force. 2. • • • • • • • Country Profile Population: 33,398,682 ( July 2010 est.) Capital: Kampala Area: 241,038 sq km Language: English (Official), Lunganda, Swahili and Arabic Coastline: Landlocked Terrain: mostly plateau with rim of mountains Climate: tropical; generally rainy with two dry seasons (December to February, June to August); semiarid in northeast Currency: Ugandan Shilling (UGX) Inflation rate: 9.4% (2010 est) GDP (PPP) per capita: US$ 1,200 Agricultural Products: coffee, tea, cotton, tobacco, cassava (tapioca), potatoes, corn, millet, pulses, cut flowers; beef, goat meat, milk, poultry Major exports 2009: horticultural products, tea, coffee, fish & fish products, flowers, cotton, gold Major imports 2009: capital equipment, vehicles, petroleum, medical supplies; cereals Leading markets 2009: Sudan, Kenya, UAE, Rwanda, Switzerland, Democratic Republic of the Congo, Netherlands, Belgium, Germany, Italy Leading suppliers 2009: Kenya, India, UAE, China, South Africa, France, Japan, US • • • • • • • • 03/16/2011 © Finpro 5 RWANDA 1. Rwanda has made substantial progress in stabilizing and rehabilitating its economy to pre1994 levels. However, despite Rwanda's fertile ecosystem, food production often does not keep pace with demand, requiring food imports. 2. Country Profile Population: 11,055,976 ( July 2010 est) • • Capital: Kigali • Area: 26,338 sq km • Language: Kinyarwanda, French and English (official), Swahili used in commercial centers • Coastline: Landlocked • Terrain: mostly grassy uplands and hills; relief is mountainous with altitude declining from west to east • Climate: temperate; two rainy seasons (February to April, November to January) • Currency: Rwanda Franc • Inflation rate: 6.4% (2010 est.) • GDP (PPP) per capita: $1,100 (2010 est) • Agricultural Products: coffee, tea, pyrethrum, bananas, beans, sorghum, potatoes; livestock • Major exports 2009: coffee, tea, hides, tin ore • Major imports 2009: foodstuffs, machinery and equipment, steel, petroleum products, cement and construction material • Leading markets 2009: Kenya, Democratic Republic of the Congo, Thailand, China, US, Swaziland, Belgium • Leading suppliers 2009: Kenya, Uganda, China, UAE, Belgium, Germany, Tanzania, Sweden 03/16/2011 © Finpro 6 BURUNDI 1. 2. • • • • • • • • • • • • • • • The economy is predominantly agricultural which accounts for about 35% of GDP and employs more than 90% of the population. Country Profile Population: 9,863,117 (July 2010 est) Capital: Bujumbura Area: 27,830 sq km Coastline: Landlocked Terrain: hilly and mountainous, dropping to a plateau in east, some plains Climate: equatorial; two wet seasons (February to May and September to November), and two dry seasons (June to August and December to January) Language: Kirundi, French (official), Swahili (along Lake Tanganyika and in the Bujumbura area) Currency: Burundi Franc Inflation rate: 7.2% (2010 est.) GDP (PPP) per capita: US$300 (2010 est.) Agricultural Products: coffee, tea, pyrethrum, bananas, beans, sorghum, potatoes; livestock Major exports 2009: coffee, tea, sugar, cotton, hides Major imports 2009: capital goods, petroleum products, foodstuffs Leading markets Leading markets2009: Germany, Switzerland, Belgium, Sweden, Pakistan Leading suppliers 2009: Saudi Arabia, Belgium, Uganda, Kenya, China, France, Germany, India, Tanzania 03/16/2011 © Finpro 7 East Africa’s future outlook • The East African Community could double in size in three years as Southern Sudan express interest in joining the block. Its joining EAC would bring a sizeable chunk into the block, economically, socially and geographically. • Monetary Union within the member states; consultations on the same commenced in 2009. Monetary Union will ease the process of financial settlement in the region. • Infrastructure development is currently underway with plans to connect all the landlocked East African countries to the port of Mombasa by an efficient rail network. • Modernization of the port of Mombasa will speed the pace of import and export 03/16/2011 © Finpro 8