Thursday, November 27, 2008

The European Business Council for Africa and the Mediterranean

The so-called European Business Council for Africa and the Mediterranean (EBCAM), firstly named “sevens' groups”, was found in 1973 by the seven European entrepreneurial associations that represented the most important European companies traditionally active in Africa. Today this institution represents quite 1500 companies that have their business in the Sub-Saharan Africa (included South Africa), in North Africa and in the Middle East. The EBCAM aims at applying a closed collaboration between the private European sector and African countries. In particular the attention is focused on the development of the private sector in the African territory. In order to do that the EBCAM cooperates with all the African governments and associations that represent the private sector and with the UE's Institutions , trying to attract the European investments in this area. The European Business Council for Africa and the Mediterranean
is totally financed by its own members and is totally independent from political groups or governments. Every years there is the election of a new president that decide all the activities and represent all the seven associations of the EBCAM in the international and European main offices. The European Business Council for Africa and the Mediterranean has its coordination office in Bruxelles and organizes regular meetings with the most important European and African representatives in order to solve all the problems connected to the relationships between Europe and Africa.

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