Collaborative Arrangements between IGAD and the Asian Institutions on Economic Cooperation

I.Basic data

Sector(s): Donor coordination / South-South Cooperation
Title: Collaborative arrangements between IGAD and the Asian institutions on economic cooperation
Donor country / organization: Asian countries
Other donors / organizations involved: Asian institutions, Chambers of Commerce, Stock exchanges
Beneficiary countries / regions: Intergovernmental Authority on Development(IGAD)
Implementing agencies in beneficiary countries / regions: Ministry of Commerce and Industry: Ministry of Transport and Communications; Ministry of Finance
Duration:
Starting Date: January 1999
Project / Program budget: under consideration
Finance / Type of cooperation: Technical cooperation

II.Project / program description

  1. Objectives
    To develop collaborative arrangements/programs between institutions in IGAD region and Asian institutions and people in the area of economic cooperation under TICAD II.
  1. Activities / contents
    1. Collaboration among Chambers of Commerce and Industry as well as other Business Associations, through exchange of information, visits, joint fairs, technical advice, etc.
    2. Collaboration between IGAD and Asian institutions of Transport and Communications in planning of regional transport and communications infrastructure, fund raising, role of private sector, etc.
    3. Collaboration on credit development for small and medium businesses through sharing of information, namely on the outstanding credit models such as the Grameen Bank Model, visits and tours, and attachments of personnel in banking institutions.
    4. Collaboration between Asian institutions and IGAD member states in the development of stock exchanges and capital markets.
  2. Expected outcomes / impacts
    To raise the standard of living of the region by benefiting from the know-how of Asian institutions through information sharing and field training.
  3. Features in line with the Agenda for Action
    Contribute to African capacity building by means of Asia-Africa cooperation

III.Contact point:

General Secretariat of the Organization of African Unity/African Economic Community
(OAU/AEC) copy to IGAD Secretariat in Djibouti

(End)

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