East Africa
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News
Somalia to deposit her instrument of ratification on treaty of accession to EAC today
ARUSHA, March 4, 2024 – The Federal Republic of Somalia will this morning deposit her instrument of ratification of the Treaty of Accession with the East African Community [EAC] Secretary General this…
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Africa
Africa dominates list of world’s 20 fastest-growing economies in 2024-report
KAMPALA, February 19, 2024 – Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performance and Outlook [MEO]…
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News
EACCA and RICA sign bilateral agreement
KIGALI, February 17, 2024 – The East African Community Competition Authority [EACCA] has signed a Memorandum of Understanding [MoU] with Rwanda’s Inspectorate, Competition and Consumer Protection Agency [RICA] to strengthen cooperation between…
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Cooperatives & Communities
Masindi cane farmers, Kinyara Sugar Works feud deepens
MASINDI, February 1, 2024 – Farmers under their umbrella Masindi Sugarcane Out-grower’s Association Limited [MASGAL], and Kinyara Sugar Limited [KSWL] continue to be at loggerheads after the latter cut cane price to…
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Cooperatives & Communities
Outbreak of cassava brown streak disease reported in Gulu, Nwoya districts
GULU, January 30, 2024 – Cassava farmers in Gulu and Nwoya districts in Northern Uganda are concerned over a suspected outbreak of Cassava brown streak disease, which has left several acres destroyed.…
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International
NAM: Day 2 of East African Trade and Investment Forum attracts more delegates
KAMPALA, January 16, 2024 – Day 2 of the East African Trade and Investment Forum in Kampala, which is part of the ongoing 19th Non-Aligned Movement Summit 2024 [NAM 2024] in Kampala,…
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Africa
AfDB approves US$ 696.41mln of financing for Burundi and Tanzania to build SGR
ABIDJAN, December 13, 2023– The African Development Bank [AfDB] has approved various financing structures valued at US$ 696.41 million for Burundi and Tanzania to start Phase II of the Joint Tanzania-Burundi-DR Congo…
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East Africa
EAC and TMA unveil innovative app to revolutionise trade by eliminating NTBs
ARUSHA, December 11, 2023 – In a groundbreaking development for regional trade, the East African Community [ EAC ] Secretariat days ago unveiled a new mobile application [App] dedicated to the elimination…
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Africa
AfDB approves US$ 10mln investment in Kenyan company Dhamana
NAIROBI, November 21, 2023 – The African Development Bank [AfDB] has approved a US$ 10 million equity investment in Dhamana Guarantee Company Limited to support the use of capital markets as an…
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Cooperatives & Communities
Fish maw traders petition parliament over taxes
KAMPALA, November 1, 2023 – Fish maw traders have petitioned Parliament’s Committee on Agriculture, Animal Industry, and Fisheries crying they are being charged excessive taxes. Particularly, the traders are protesting the eight…
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