Trade
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News
Regional bodies sign MoU to implement COMESA Biotechnology Implementation Plan
LUSAKA, June 16, 2024 – The Alliance for Commodity Trade in Eastern and Southern Africa [ACTESA] has signed a memorandum of understanding [MoU] with the Acquisition of Agri-biotech Applications [ISAAA AfriCenter] to…
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News
Rice and oilseed outputs forecast to peak as wheat and maize face decline – new report
KAMPALA, June 14, 2024 – The UN Food and Agriculture Organisation [FAO] projects that the world’s major food commodities will be in “adequate supply” in 2024 and 2025. But the organisation warns…
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News
Afreximbank Launches 2024 African Trade Report and African Trade and Economic Outlook Report
NASSAU, June 13, 2024 – African Export-Import Bank [ Afreximbank ] yesterday launched its African Trade Report 2024 and African Trade and Economic Outlook Report 2024 at the Afreximbank Annual Meetings 2024…
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News
Allocation of Shs 87mln to cooperatives sector draws mixed reactions in Kwania
KWANIA June 8, 2024 – A move by Kwania district council to allocate a sum of Shs 87 million to the district’s Trade, Industry, and Cooperatives sector has sparked mixed reactions from…
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Cooperatives & Communities
Over 140 coops in Masindi have expired certificates
MASINDI, May 23, 2024 – At least 146 cooperatives in Masindi district, and municipality have expired certificates, according to the list published by the Ministry of Trade, Industry Cooperatives [MTIC]. Apparently, soldiers…
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News
Zimbabwe’s First Capital Bank gets US$ 15mln loan to support local SMEs
ABIDJAN, May 16, 2024 – The Board of Directors of the African Development Bank Group has approved a US$ 15 million trade finance package for First Capital Bank [FCB] in Zimbabwe to…
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News
War-torn Ukraine earns free-trade deal to protect its agri-food sector
BRUSSELS, May 14, 2024 – The European Council [EC] has approved the suspension of import duties and quotas on Ukrainian and Moldovan exports to the EU for another year as part of…
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Cooperatives & Communities
Govt to formulate bill addressing challenges affecting cooperatives
MACHAKOS, May 8, 2024 – According to the Kenya News Agency, the Government of Kenya is set to formulate a new law to protect investors in the cooperative sector. The law aims…
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News
Kenya and Tanzania resolve poultry trade disputes
ARUSHA, April 3, 2024 – In a recent meeting held at the East African Community [EAC] headquarters in Arusha, Tanzania, Kenya, and Tanzania successfully addressed longstanding concerns regarding the export of poultry…
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News
Kitgum-Kidepo Road upgrade boosted with Shs 450bln loan approval
KAMPALA, May 1, 2024 – Parliament has approved a government request to borrow about 110.5 million Euros [about Shs 450 billion] from Standard Chartered Bank to finance the tarmacking of Kitgum-Kidepo Road.…
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