Tanzania
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Africa
Over US$1 billion worth of customs bonds executed in the north and central transport corridors
LUSAKA-Over 1,282 Regional Customs Transit Bonds, amounting to US$1 billion have been executed in the northern and central transport corridors in 2022 alone signifying a reduction in cost of transit and transport…
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Africa
Partners to unlock the entrepreneurial capacity of women-led enterprises in Africa
NAIROBI-Africa Enterprise Challenge Fund [AECF] and the Africa Development Bank Group’s Affirmative Finance Action for Women in Africa [AFAWA] initiative have partnered to scale and realise the entrepreneurial capacity, feasibility and sustainability…
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Energy & Mining
Uganda relieved as intercontinental summit clears EACOP project
MAPUTO — The Africa, Caribbean, Pacific -European Union [ ACP-EU ] Joint Parliamentary Assembly sitting in Maputo City, Mozambique on Wednesday voted to let Uganda proceed with developing the much-needed East African…
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Energy & Mining
EACOP: TotalEnergies boss snubs European Parliament invite
KAMPALA-Patrick Pouyanne, the Chairman and Chief Executive Officer of TotalEnergies has declined to appear before the European Parliament’s sub-committee on Human Rights, saying legislators there took a tough yet deeply biased decision…
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Agriculture
Digital regional food balance sheet launched
KIGALI-COMESA in partnership with several stakeholders, among them the Alliance for Green Revolution in Africa [AGRA] days ago launched the digital Regional Food Balance Sheet [RFBS]. The RFBS aims to accelerate the…
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Cooperatives & Communities
Global coffee exports down 8.8 percent in July 2022
KAMPALA– Global exports of green beans in July 2022 were 9.04 million bags, compared with 9.91mln bags in the same month of the previous year, which is down 8.8 percent, according to…
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UPC EALA aspirant vows to push for regional currency
LIRA- The Uganda Peoples Congress [UPC] Candidate for East African Legislative Assembly [ EALA ], has pledged to champion the establishment of a single currency for the East African Community [EAC]. Fred…
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Cooperatives & Communities
Mbarara City earmarks Shs100 mln to host regional trade exhibition
MBARARA– Mbarara City Council has approved Shs 100 million to enable it to host the next East Africa International Trade Exhibition [EAITE] on multi-sector products, and equipment and machinery. EAITE, expected to…
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News
Govt to ready EACOP license in three months after receipt of application
KAMPALA– The East African Crude Oil Pipeline Company [ EACOP ] Limited, the firm spearheading the development of Uganda’s crude oil export pipeline, has presented its application to government for a construction…
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Development
Global coffee exports rise 10.7 percent
KAMPALA– Global exports of green coffee beans totalled 9.75 million bags in May 2022, up from 8.8 mln bags in the same month of 2021, the International Coffee Organisation [ICO] said in…
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