Catalysing private sector development in Eastern Africa: Adhoc Experts Group Meeting

Abstract

Structural transformation in Eastern Africa has remained a challenge. While the region’s economic performance over the last decade and a half has been impressive, the majority of the population remain employed in low productivity sectors. In addition, the region remains vulnerable to volatility in commodity prices. The recent fall in commodity prices has had an adverse effect on economic growth in the region, stressing once again the need for greater industrialization The objective of the session is to discuss policies that link entrepreneurship, innovation, and the industrialization in the region. The discussion will be informed by a detailed study on “Private sector development in the region”.