TransPacific Africa Chamber of Commerce & Industry and Pan African Chamber Business School Sign Landmark MOU to advance Business and Economic Growth in Africa and Beyond
Nairobi, Kenya – On December 17, 2024, the TransPacific Africa Chamber of Commerce and Industry (TPACCI) and the Pan African Chamber Business School (PACBS) sign a Memorandum of Understanding (MoU) aimed at fostering transformative collaboration to support Micro, Small, and Medium Enterprises (MSMEs), Small and Medium Enterprises (SMEs), and multinational corporations (MNCs) across Africa and other regions.
The partnership underscores a shared commitment to bolstering sustainable business ecosystems through technology-driven innovation, skills development, and enhanced market access. The MoU, signed by representatives of both organizations, establishes a framework for joint initiatives designed to:
- Mobilise funding locally and internationally to support MSEs, SMEs, and MNCs.
- Enhance capacity building and training for business sustainability.
- Facilitate cross-border and regional market access.
- Promote knowledge sharing through materials, technical expertise, and research collaboration.
- Strengthen business leadership, advocacy, and entrepreneurship culture across sectors.
Strategic Partnership for Inclusive Growth
TPACCI, a premier organization based in Washington D.C., connects stakeholders across 82 countries spanning Africa, North America, Latin America, Oceania, and Small Island Developing States (SIDS). Through this partnership, TPACCI will leverage its global platform to drive policy advocacy, facilitate international internships, and promote partnerships that unlock new opportunities for African businesses.
PACBS, headquartered in Nairobi, Kenya, brings expertise in curriculum development, capacity building, and fostering innovation. As a leading business training institution affiliated with African Chambers of Commerce, PACBS is uniquely positioned to champion green industry initiatives, enhance technology transfer, and support the continent’s economic development agenda.
A Step Toward a Prosperous Future
“The signing of this MoU reflects our unwavering commitment to creating an enabling environment for businesses of all sizes to thrive. Together with PACBS, we empower entrepreneurs with the tools, knowledge, and resources they need to succeed in a rapidly evolving global economy,” says Catherine Omondi, Founding Chairperson, TPACCI.
PACBS echoes the sentiment, with Elikana Epiche, Director/CEO, stating, “Our collaboration with TPACCI signifies a unified approach to tackling challenges facing African businesses while driving innovation, sustainability, and inclusive growth.”
The partnership prioritises supporting women, youth, and diverse communities in their entrepreneurial journeys, reinforcing a shared vision of equitable economic empowerment.
Looking Ahead
This MoU remains in effect for five years, during which the two organizations work closely to implement joint programs and projects. Both TPACCI and PACBS appoint focal points to ensure seamless coordination and execution of activities under the agreement.
About TPACCI
The TransPacific Africa Chamber of Commerce and Industry (TPACCI) is a leading organisation committed to fostering economic integration, regional collaboration, and sustainable development across Africa and the Pacific. With a focus on economic integration, policy advocacy, investment promotion, and sectoral collaboration, TPACCI
empowers businesses to expand and succeed in a rapidly evolving global marketplace.
By leveraging its extensive network, TPACCI aims to create opportunities for economic growth, innovation, and development across the African continent.
About PACBS
The Pan African Chamber Business School (PACBS) is an institution committed to building sustainable business environments in Africa through innovation, capacity building, and knowledge transfer, in collaboration with national and regional economic stakeholders.
For further inquiries, please contact
- TransPacific Africa Chamber of Commerce & Industry | info@tpacci.org
- Pan African Chamber Business School | info@panafricancbs.org
