East Africa
-
IUCEA begins Phase II construction of multi-million-dollar headquarters
KAMPALA – The Inter-University Council for East Africa [ IUCEA ] held a groundbreaking ceremony for the construction of the second phase of its Headquarters in Kampala. The project worth over US$…
Read More » -
Burundi, Kenya get IMF loans to support economic growth
WASHINGTON – The International Monetary Fund [IMF] days ago approved US$ 271 million loan to Burundi under Extended Credit Facility [ECF] arrangement, with US$ 62.6mln ready for disbursement immediately. According to the…
Read More » -
SACCO empowers pastoralists in Kenya
NAIROBI – Over 5,000 members, mostly pastoralists, have benefited from Northern Rangelands Trust Trading [NRTT] SACCO, established by community conservancy members as a vehicle for building businesses and diversifying their livelihoods. According…
Read More » -
Online tool to measure performance of One Stop Border Posts in EAC unveiled
ARUSHA – The East African Community [EAC] has unveiled an online tool to measure the performance of the 22 One Stop Border Posts [OSBPs] across the region. The EAC Secretary General in…
Read More » -
Tanzania: Warehouse receipts to support market competition for farmers’ crops
DODOMA – Tanzania’s Deputy Minister of Investment, Industry, and Trade, Exaud Kigahe, has called on every stakeholder involved in the use and management of the Warehouse Receipts System to fulfill their responsibilities…
Read More » -
China to strengthen cooperation with EAC in capacity building and trade
ARUSHA – The People’s Republic of China has pledged to strengthen cooperation with the East African Community [EAC] in capacity building, trade, infrastructure development, and other fields. The Chinese Ambassador to Tanzania…
Read More » -
Kenya: AfDB okays funds to support women and youth in agribusiness
NAIROBI – The African Development Bank [AfDB] has approved an equity investment of €18 million in the Africa Guarantee Fund [AGF] and another €1.2mln to support youth and women entrepreneurs engaged in…
Read More » -
Ugandan traders petition gov’t as Tanzania bans rice and maize exports
MASAKA – Traders under Kampala Rice Traders Association have urged government through the Ministry of Trade, Industry, and Cooperatives [MTIC] to intervene in a matter where authorities in Tanzania have impounded Ugandan…
Read More » -
Cooperatives, others in EAC to benefit from major trade campaign
ARUSHA – The East African Community [EAC] has launched a campaign aimed at creating awareness on the agri-export trade opportunities that have been created through the EU-EAC Market Access Upgrade Programme [MARKUP].…
Read More » -
EAC tables over US$ 103.8mln budget for 2023/2024 financial year
ARUSHA – The East African Community [EAC] has tabled before the East African Legislative Assembly [EALA] the budget estimates for the 2023/2024 financial year [FY] totaling US$ 103,842,880. Tabling the budget speech…
Read More »