Directory of Economic, Commodity and Development Organizations - table of contents

EAST AFRICAN DEVELOPMENT BANK (EADB)


HEADQUARTERS


4 Nile Avenue                                        Postal Add:  P.O. Box 7128
Kampala                                              Telephone:   [256](41)230-021 to 5
Uganda                                               Facsimile:   [256](41)259-763
                                                     Telex:       61074 EADEVBANK
                                                     E-mail:      admin@eadb.com
                                                     Internet:    www.eadb.com

          Director General:         ...   G. TUMUSIIME
                             Main Executives
          Director of Finance:                          ...   P. OPANDE
          Director, Legal Affairs & Administration:     ...   V. APOPO (Mrs.)

Regional Offices

Kenya
12th Floor Lonrho House                              Postal Add:  P.O. Box 47685
Standard Street                                      Telephone:   [254](2)340-642
Nairobi                                                           [254](2)340-656
Kenya                                                Facsimile:   [254](2)216-651
                                                     Telex:       22689 EADEVBANK
                                                     E-mail:      cok@eadb.com
                                                     Internet:    www.eadb.com

          Resident Manager:         ...   G.R. RUHURIRA

Tanzania
3rd Floor, NIC Investment House                      Postal Add:  P.O. Box 9401
Mirambo Street                                       Telephone:   [255](22)211-3195
Dar es Salaam                                                     [255](22)211-6981
Tanzania                                             Facsimile:   [255](22)211-3197
                                                     Telex:       41175 EADEVBANK
                                                     E-mail:      cot@eadb.com
                                                     Internet:    www.eadb.com

          Resident Manager:         ...   S.K. JUMA


LANGUAGE: English

ESTABLISHMENT AND FUNCTIONS

The East African Development Bank (EADB) was originally established under the Treaty for East African Cooperation, signed by the Governments of Kenya, Tanzania, and Uganda, which entered into force on December 1, 1967. However, the Treaty was overtaken by events and a new Charter for the Bank, with the same signatories, came into force on July 23, 1980. The purpose of the Bank, which under the Treaty had been confined to the provision of financial and technical assistance for the promotion of industrial development in Member States, was broadened under the new Charter to include involvement in agriculture, forestry, tourism, transport, and the development of infrastructure, with preference for projects which promote regional cooperation.

On December 15, 1983, the Bank was prescribed by the IMF as a holder of SDRs, and was thus authorized to acquire and use SDRs in operations and transactions with participants in the IMF's SDR Department and other holders under the same terms and conditions as participants.

COMPOSITION

3 Partner States: Kenya, Tanzania, Uganda

Shareholders (Paid in Shares):

Class A: Government of Kenya (23.5%); Government of Tanzania (23.5%); Government of Uganda (23.5%)

Class B: African Development Bank (14.1%); FMO - Netherlands Development Finance Company (10.6%); DEG - Germany (2.8%); Others (1.8%)

STRUCTURE

The Bank has a Governing Council made up of three Ministers from the Partner States, a Board of Directors consisting of not more than ten nor fewer than five members holding office for a term of three years and eligible for reappointment or re-election, and a Director General. The Director General is appointed by the Governing Council for a term of five years, and may be re-elected.

                             Board of Directors

          Chairman:                 ...   G.S. MGONJA (Tanzania)
          Vice Chairman:            ...   C. KASSAMI (Uganda)
          Directors:                ...   T. TURNER (ADB)
                                    ...   Paul WEISE (FMO-DEG)
                                    ...   J. MULWANA (Uganda)
                                    ...   J.M. MAGARI (Kenya)
                                    ...   J.B. WANJUI (Kenya)
                                    ...   J.N. SOLOMON (Tanzania)
          Alternate Directors:      ...   R. MARIKI (Tanzania)
                                    ...   G. ENGEL (FMO-DEG)
                                    ...   W.T. OSHIKOYA (ADB)

GENERAL PUBLICATION

Annual Report

UPDATED:  April 22, 2003

Directory of Economic, Commodity and Development Organizations - table of contents

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