IMF Enhances Debt Relief Trust to Enable Support for Eligible Low-Income Countries
The COVID-19 outbreak and the associated global economic turmoil creates a critical need to support the Fund’s membership. PHOTO| FILE
In direct response to the COVID-19 crisis the International Monetary Fund (IMF) Executive Board has adopted some immediate enhancements to its Catastrophe Containment and Relief Trust (CCRT) to enable the Fund to provide debt...
UNCTAD: Foreign Direct Investment in East Africa declines
Foreign Direct Investment (FDI) inflows to East Africa fell by 14% in 2018, this is according to the UN Conference on Trade and Development (UNCTAD).
This despite FDI flows to Africa bucking the global trend and registering and increase of 6% in 2018, though most of these inflows went to North and Southern Africa.
Regional Youth Ambassadors on border community sensitization
Youth Ambassadors with border officials at Kobero/Kabanga border during the sesitisation programme on the movement of goods,services and people in the region. PHOTO|FILE.
The East African Community Youth Ambassadors are undertaking a multi-stakeholder outreach programme that kicked off yesterday targeting the border communities in some of the East African partner states. The aim of...
Farmers call for EAC member states to implement Malabo declaration
In the financial year 2018-2019 all the East African member states allocated less than 10% of the budget on agriculture with the exception of Burundi which allocated 10.69% despite a high malnutrition rate in the country.
During the fourth East African Community (EAC)
agriculture summit that took place on May 10th in...
COMESA COVID-19 Food Security Response Plan Underway
The COMESA Secretariat has developed a draft COVID-19 Regional Food and Nutrition Security Response Plan to improve agricultural productivity, enhance access to competitive markets and trade in agri-food commodities in the region.
Implementation of the Plan is expected to create synergies and complement existing initiatives in the region and Member States, targeting specific commodities...
Regional Blocs launch platform to connect women in business
The digital platform is designed to address the information that is needed by women in business and connect them via a custom-built social networking tool that was launched in Kigali, Rwanda on November 21st 2019. PHOTO|FILE.
COMESA, East African Community and ECOWAS launched a networking platform
to connect 50 million African women in...
German injects $128 million in East Africa’s education and Health programmes
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...
EAC Partner States adopt Regional Electronic Cargo and Drivers Tracking System
The system allows the users to share information across borders in a transparent manner, and the truck drivers will need to upload the application on their phones.PHOTO| FILE.
East African Community Partner States have adopted the Regional Electronic Cargo and Drivers Tracking System that will be hosted at the EAC Headquarters in Arusha,...
Small cross border traders adopt new tactics to manage pandemic restrictions
The project region covers eastern DR Congo bordering western Rwanda and Uganda. PHOTO|FILE.
Since the first case of Covid-19 was reported in the Great Lakes region in mid-March 2020, small scale traders have been unable to cross borders as they have traditionally done either to buy or sell goods.
The...