Tuesday, 7 December 2010

Lake Victoria Investment Forum Kicks Off in Mwanza

From East African, Nairobi, KENYA
By Gashegu Muramira

The first ever Lake Victoria Basin Investment Forum begun yesterday in Mwanza, Tanzania with delegates emphasising the need to fight poverty in the region through investing in the Lake.

The four-day forum being held under the theme; "Realizing Economic Benefits in the EAC Common Market through the Lake Victoria Basin," was opened by the Chairperson of the EAC Council of Ministers, Hafsa Mossi.

It has brought together over 300 investors and potential investors from within and outside the region.

The Secretary General of the East African Community (EAC) Juma Mwapachu said that if the region is to overcome the increasing unemployment challenge, there is need for social entrepreneurs, arguing that the Lake is a public good.

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