Business

While address a session of the 14th African Union High Level Private Sector Forum at the Kenyatta International Convention Centre in Nairobi, Kenya’s Cabinet Secretary for East African Community and Arid and Semi-arid Lands Rebecca Miano indicated that collaboration of regional value chains in Africa will open up domestic markets, achieve economies of scale and improve competitiveness...

Fire gutted Kamenge market considered to be one of the busiest markets in Bujumbura in the wee hours of Saturday morning. Traders were left counting losses after a big part of the market went down in flames as fire fighters spent several hours trying to extinguish the fire. “Ivestigation has been...

The Uganda Vice President Jessica Alupo on Tuesday, 9th May, 2023 officially opened the 10th East African Petroleum Conference and Exhibition 2023, themed East Africa as a hub for Investment in Exploration and Exploitation of Petroleum Resources for Sustainable Energy and Socioeconomic Development. The Ugandan Vice President who represented the President of Uganda Yoweri...

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...

The Tripartite brings together three RECs, including the East African Community into a cooperative framework on the implementation of the Tripartite Free Trade Area Agreement (TFTA) that was launched in 2015. PHOTO| BurundiTimes The Common Market for East and Southern Africa (COMESA) has handed over the stewardship of the tripartite group of Regional Economic Communities (RECs)...

KAMPALA, Uganda — East African countries are looking to unlock the region’s underutilized leather industry potential, as stakeholders met in Kampala earlier this month to chart a path forward for the sector. The three-day EAC Regional Leather Platform Meeting, held April 3–5, brought together government officials, private sector players, and development partners to identify...

The East African Private Sector have urged governments to fast-track the harmonisation of East African Standards during the EABC-TMEA Regional Public Private Engagement on Standards held in Dar es Salaam, Tanzania last Sunday. Evidence shows harmonization of standards increased the intra-trade by 10%, reduced inspection & clearance costs at the border from USD. 500...

The Chief Executive Officer of the East African Business Council (EABC) Mr. John Bosco Kalisa last Saturday urged EAC Partners States to have common regional policies on future global shocks to enhance economic resilience and rebound amid COVID-19. Speaking at the News Editors Round Table on Impact of COVID-19 on Businesses and Economies in the...

African leaders and business experts gathered Thursday for the webinar "Trump, Trade, and Africa: Turning Policy Shifts into Opportunities" to discuss how evolving U.S. trade policies could provide significant opportunities for inclusive and sustainable growth across the continent. Hon. John Lual Akol Akol, chairperson of the East African Business Council (EABC), called for a...

BUJUMBURA, Burundi ( The Burundian government has set the official price for maize at 1,700 Burundian francs (Fbu) per kilogram for the current production cycle, Minister of Environment, Agriculture, and Livestock Prosper Dodiko announced Tuesday during a press briefing. The move aims to stabilize market conditions and encourage farmers to continue their agricultural activities.