Business

Burundi and the Democratic Republic of Congo are constructing a 130-meter bridge with an estimated cost of approximately 24 billion Burundian Francs that will connect Burundi and DRC in Cibitoke province. The bridge’s reconstruction began on October 2, 2023 for a period of 13 months and 15 days, is currently financed by the World,...

Burundi’s president Evariste Ndayishimiye on Thursday March 14, 2024 met with stakeholders and those in Burundi’s ministry of trade, Transport, Industry and Tourism to strategize in efforts to achieve Burundi’s as an emerging country in 2040 and a developed country in 2060. During the meeting president Ndayishimiye said that the objective of the meeting...

The East African Legislative Assembly on Tuesday called on member states to expedite the liberalisation and domestication of the East African Community airspace. A motion in the East African Legislative Assembly was moved by Paul Musamali and Kennedy Musyoka calling on the council of ministers and partner states as per Article 89 of the...

CEO Roundtable Meeting on East African Integration and Economic Outlook 2024 organized by the East African Business Council (EABC) in

Burundi’s Minister of Energy and Mines Ibrahim Uwizeye yesterday said that following the decline in the world prices of petroleum products, “there was also a decrease in the costs of transporting these products by

The COMESA Competition Commission (CCC) has imposed a fine of USD$300, 000 each on the Confederation of African Football (CAF) and BEIN Media Group LLC (beIN) for breach of the COMESA competition regulations. This follows the findings of the Commission’s Committee Responsible for Initial Determinations (the CID) that certain provisions of the beIN Agreements...

The East African Community (EAC) is gearing up for 2024 with a stronger focus on fostering intra-regional trade, resource mobilisation and integrating the newest Partner States. While addressing the EAC staff of the EAC Organs and Institutions from the EAC Headquarters in Arusha, Tanzania on Tuesday January 9th, 2024, the EAC Secretary General highlighted...

As the world nears the midpoint of what was intended to be a transformative decade for development,

Burundi’s former Central Bank (BRB) governor Dieudonné Murengerantwari and a city tycoon Sylvestre Niyonsaba were arrested by

With the exception of Air Uganda, regional carriers like Kenya Airways, Rwanda Air, Ethiopian Airlines issued a statement to its customers and travel agencies that tickets will be bought in US dollars or Euros effective this Wednesday 27th.