The Federal Chamber of Commerce and Industry of Burundi (CFCIB), created in September 2008, remains the main expression of economic operators in Burundi. Constituted by 11 sectoral chambers and 2 transversal chambers, the Chamber is a non-profit association which objective is to propose and support all actions aimed at improving the business environment for private sector development. The Chamber is represented in all provinces of the country. Its head office is located in Bujumbura. The CFCIB has twenty employees all based at the head office. The CFCIB Strategic Plan prepared with the support of TradeMark East Asia presents the vision of the organization and the direction it must take during the period 2017 - 2022. The Plan defines priorities in achieving the objectives set in accordance with the development needs of the institutional and organizational plan, as well as the technical and professional capacities of the sectoral and transversal chambers. All priority actions have not been implemented yet. The Strategic Plan is also an instrument that serves as a basis for the CFCIB for the mobilization of its own resources and those of its technical and financial partners. The purpose of the EU support to the private sector in Burundi is to identify the needs of the private sector by strengthening the capacity of the Chamber of Commerce. This could potentially serve as the next step in identifying and analyzing the feasibility of funded projects under the European Union External Investment Plan (IEP) in Burundi. The goal of the IEP is to improve the investment climate in partner countries, building on a structured dialogue with the private sector and to create decent jobs in Africa, in particular for young people and women. The overall objective of the project is to strengthen the private sector in Burundi. The specific objective is to strengthen the capacity of the Federal Chamber of Commerce and Industry in the implementation of the priority actions of its Strategic Plan and in particular to identify and accompany the Chamber in the implementation of the support actions of the Burundian private sector, in synergy with the interventions of other donors and consistent with the local institutional context.

Economic Development

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