Business

Burundi government last week signed an agreement worth 19.7 million Euros with the European Union alongside the African Development Bank to strengthen capacity and upgrade the cargo handling volume in the central corridor. Burundi’s finance minister signed for amount of 19.7 million Euros which is set to rehabilitate and provide the efficiency at the...

Burundi’s president Evariste Ndayishimiye this Tuesday arrived in Senegal’s capital Dakar to participate in the second edition of the Dakar Summit on food in Africa.  “The President of the Republic will be accompanied by the First Lady Angeline Ndayishimiye,” a statement reads from the office of president’s spokesperson.  The president was...

In a significant boost to Burundi's trade ambitions, the East African Business Council (EABC), in collaboration with the EU Technical Assistance Facility (EU-TAF) and

“EAC Partner States to conclude collective Trade Agreement with the United Kingdom to avoid trade uncertainty and disruption between UK and EAC” said EABC CEO Mr.Kalisa during the courtesy visit by the UK Prime Minister’s Trade Envoy to Tanzania, Mr. John Lord Walney to the East African Business Council Headquarter in Arusha, Tanzania, He...

The Burundi president Evariste Ndayishimiye this Monday officially inaugurated Mubuga Solar Plant in the country’s capital Gitega. The solar energy plant was created between the Burundi government and GigaWatt Global which is expected to generate 7.5MW. In his speech, the Head of State hailed "a real accelerator of socio-economic development".

Trademark East Africa (TMEA) partnered with the Burundi Federal Chambers of Commerce (CFCIB) signed a Public Private Dialogue project in Burundi worth $25,000 this Wednesday 9th. September, 2020. The project is expected to last for 2 years aiming at providing a platform to expose communication challenges for Burundi traders as well as trade Non-Tariff Barriers (NTBs).

Kenya-Tanzania bilateral trade has hit USD 905.5 million in 2021 for the period January –November 2021 according to the Central Bank of Kenya. This was highlighted during the East African Business Council Trade Facilitation Forum at Namanga One-Stop Border Post. Speaking at the Forum, Mr. John Bosco Kalisa said “Kenya imports from Tanzania stood...

Despite their high potential to advance global prosperity, one-half of the world’s 75 most vulnerable countries are facing a widening income gap with the wealthiest economies for the first time in this century, a new World Bank report has found. Taking full advantage of their younger populations, their rich natural resources, and their abundant solar-energy potential can...

The East African Community (EAC) Council of Ministers has approved an additional USD 802,126 for the completion of the new Lake Victoria Basin Commission (LVBC) headquarters in Kisumu, Kenya. The decision was made during the 46th Ordinary Council of Ministers meeting held in Arusha, Tanzania, from November 23 to 28, 2024. EAC Secretary General,...

The East African Community Secretary General Amb. Liberat Mfumukeko and the German’s Charge d’Affaires Jorg Herrera after signing the agreement on December 4th 2019. PHOTO| Burundi Times The East African Community (EAC) Secretary General Liberat Mfumukeko on Thursday signed an agreement worth $ 128 million with German’s Charge d’Affaires Jorg Herrera in Arusha, the fund...