// The Institute

A think tank with a market builder's hands.

The E-Africa Research Institute for Technology and Economics (ERITE) is a nonprofit research institute headquartered in Lusaka, Zambia — researching the critical interlinks between technology and economics, and translating data-driven insights into actionable policies and market solutions across the SADC region.

Our Story

Rooted in a decade of institution-building — from IFE Zambia to ERITE.

ERITE is a Zambian-registered nonprofit founded in 2023 to pioneer solutions at the nexus of technology and economics. Building on the decade-long legacy of our sister organization, the Institute for Finance and Economics (IFE Zambia), ERITE takes a holistic approach to sustainable development.

IFE Zambia was established in 2011 by former Bank of Zambia Governor Dr. Caleb Fundanga to promote the growth of Africa's financial sector, with a principal focus on financial inclusiveness. By combining high-level policy analysis with active commercial execution, ERITE bridges the critical gap between visionary policy and tangible, real-world results.

2011

IFE Zambia founded

Dr. Caleb Fundanga establishes the Institute for Finance and Economics to champion financial inclusion across Africa.

2018

First E-Commerce Expo

The Zambia E-Commerce Expo & Conference launches — the seed of what becomes the eAfrica Expo, now Africa's first-page Google-ranked e-commerce and digital commerce event.

2021

E-Commerce Indaba conceived

IFE Zambia and the SMART Zambia Institute create the e-Ndaba platform for grassroots-to-regulator policy dialogue.

2023

ERITE established

A dedicated think tank and implementation platform is born — inheriting the Expo, the Awards, and the mission.

2024 →

Merchant Digital Acceleration proposed

A payment-systems modernization and merchant digitization program tabled with key institutions, including the Bank of Zambia.

Leadership

CF

Dr. Caleb Fundanga

Board Chair

Former Governor of the Bank of Zambia. Anchors the institute in the highest levels of macroeconomic credibility and policy access across the region.

VM

Dr. Vituli Musukuma

Chief Executive Officer

Strategist with 15+ years in digital financial services across SADC — deep expertise in economics, policy and corporate planning.

ER

The Team

Zambian-Led · Research & Implementation

Economists, technologists and policy analysts — a locally rooted team combining rigorous research with hands-on market-building experience.

Threefold Mission

Produce World-Class Research

Locally relevant evidence on the intersection of technology, institutional policy and economic outcomes.

Build Market Platforms

Conferences, incubation pipelines, B2B matchmaking and roundtables connecting business, innovators and regulators.

Support the Marginalized

Targeted incubation, mentorship and market-access programs for women and youth across the region.

Work With an Institute That Delivers

From central bank advisory to grassroots incubation — ERITE bridges policy intention and real-world impact.