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Federation of East African Freight Forwarders Associations (FEAFFA) During the year, it was boosted by addition of the freight logistics magazine, the professional’s database and e portal. 2.3 The Directory of Freight Forwarders and Freight Logistics Magazine Production of the FEAFFA magazine and directory continued. Three issues were published in 2014 against a planned four. The reach and quality of the magazine continued to improve. The project has now become self-sustaining although there is still potential for more given the low penetration in all countries except Kenya. Efforts continue to enhance the magazine’s appeal. To enhance readership, the magazine is now available online from the FEAFFA website. Members are encouraged to crosscheck the accuracy of their contact information contained in the directory and notify the secretariat in case of any discrepancy. 3. INSTITUTIONAL DEVELOPMENT 3.5 Risk tracking and management The Federation continued tracking and managing risk. This was through preparation and presentation of risk management reports to the board with recommendations on how to handle key and emerging risks. Institutional sustainability remained the main risk owing to resource constraints. 3.1 Secretariat operations The FEAFFA secretariat remained operational with partial support from TMEA and largely through internally generated resources. The regional training coordinator left after her contract with TMEA ended in June. 3.2 Board meetings The Executive Board continued to play its oversight role during the year. Three meetings were held in Nairobi, Entebbe and Kigali respectively. The Board received and reviewed routine management reports that largely dwelt on the key project activities. This kept the Board informed on what was happening at the secretariat and gave them an opportunity to play their constitutional oversight function. ANNUAL REPORT 2014 3.4 Hold an Annual General Meeting for the year 2013 The Federation held its Annual General Meeting (AGM) on Friday 23rd May 2014 at Protea Hotel, Entebbe. The meeting received and adopted the proposed budget for the year 2014, annual program and financial reports for year 2013. The AGM also elected a new Executive Board for the next two years. The meeting was preceded by a board meeting. 3.6 Corporate governance training for the board The secretariat organized a four days’ workshop in Arusha, Tanzania in July 2014 for the board and leaders of national associations. At the end of the workshop, participants appreciated the concept, principles and significance of good corporate governance in organizations. The FEAFFA leadership code was reviewed and adopted. The workshop was facilitated by two consultants and was supported by USAID EATH. All associations resolved to implement the leadership code. 3.7 Fundraising Efforts to secure funding for the Federation’s operations continued in the course of the year. Several potential development partners were approached as well as exploring of potential internal sources. To date, the freight logistics magazine/directory and selling of EACFFPC text books are the federation’s sure ways of generating some internal income. Registration of practitioners and training are expected to be anchor sources of revenue as the federation focuses more on self