1. East African Community Lake Victoria Basin Commission
1st LAKE VICTORIA BASIN INVESTMENT FORUM LESSONS LEARNT AND THEIR APPLICABILITY TO LAKE TANGANYIKA BASIN
Dr. Canisius Kanangire,
Executive Secretary
East African Community
Lake Victoria Basin Commission

2. MORPHOMETRIC DATA FOR LVB
Million at beach level), Foreign exchange ~ US $ 250 million
Major water transport linkage for the landlocked Uganda, Kagera

3. LVB IN THE CONTEXT OF Nile Basin Syst

4. MORPHOMETRY OF LAKE TANGANYIKA
LAKE TANGANYIKA BASIN
MORPHOMETRY OF LAKE TANGANYIKA
Lake surface (Kmsq)
32,000
Catchment Area (Kmsq)
263,000
Average Depth of the Lake (m)
570 m
Maximum Depth
1,470 m

5. AREAS OF COMMONALITIES BETWEEN THE TWO BASINS
An important transboundary resource
It is the second largest in Africa, and second deepest freshwater lake in the world,
Tourist attraction and rich biodiversity
fishery is an important industry, with wide varieties of fish species for consumption and aesthetic purposes

6. INVESTMENT POTENTIALS IN MARITIME TRANSPORT
LV linked to road, railway and several airports
LVBC focusing on:
Updating of navigation routes (bathymetry)
Installation of aids to navigation
Communication Safety for LV
Lake Victoria Transport Act (2007) and Regulations (2010)
These are key in creating an enabling environment for investment in the LVB

7. INVESTMENT POTENTIALS IN TOURISM AND LEISURE
LVB hosts most important tourism destination in the world
Lake itself is a major tourism attraction
Potential for land – water tourism inter-phasing
Factors to consider:
Establishing a regional tourism circuit
EA as a single tourism destination
One visa for tourists
Security

8. INVESTMENT IN FISH AND FISHERIES RESOURCES
LV & LT both have huge potentials for fisheries
LV main producer of fish for export in EAC
LV fisheries accounts for over USD 400million
Some factors to consider:
Sustainable fisheries
Value addition (reduces post harvest losses, processing and storage)
Conservation of endemic species
Aesthetic aquaculture and trade
Promote aquaculture

9. INVESTMENT IN AGRICULTURE
Land use should be based on land suitability mapping
This will improve land productivity with minimal environmental degradation
Focus on:
Agro-processing
Value addition
Diversification
Improved agricultural methods
Sustainable Land Management

10. INVESTMENT ENVIRONMENT REQUIRED
Comprehensive studies and integrated plans
Production/availability of reasonable energy
ICT
Harmonized policies, laws and standards
Capacity building through vocational training
Support to investment led research in particular new areas such as:
Mining
Oil
Endemic species

11. CONCLUSION
East Africa remains a rapidly growing economy, in the middle of the strongest economic recovery in over 40 years.
However, in the Lake Victoria Basin like in the Lake Tanganyika Basin,
investment rates are low,
productivity gains are insufficient,
incentives for innovation are inadequate and
returns on investment are not sufficiently predictable.

12. CONCLUSION
With the coming into effect of the East African Common Market, harmonisation of business laws, systems and administrative structures,
the EAC Partner States aim to enhance more trade and investment among themselves and internationally
The Lake Tanganyika Development Conference like the LVBIF will serve to create awareness on opportunities to Basin actors and some development Partners
However, more needs to be done to share the same with the investing publics both locally and internationally

13. WAY FORWARD
Need to map sector specific investors
Engage key investors with bankable investment profiles/plans
Increased collaboration and partnership between LVBC and LTA in joint investment promotion.

14. THANK YOU ASANTE SANA