Fostering regional trade, resource mobilisation and integrating new partner states to be at the core of EAC’s 2024 agenda
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...
RAERESA gets $1.5m for harmonization of Electricity Regulations and improving Cross Border Power Trade
The Board of the African Development Bank (AfDB) has approved a grant of US$1.5m to advance intra-regional harmonization of electricity regulations and drive cross-border power trading in the COMESA region. This will be implemented through COMESA’s energy regulatory arm -the Regional Association of Energy Regulators for Eastern and Southern Africa (RAERESA).
The two-year project...
EABC outlines new business priorities for regional trade growth
The Board of the East African Business Council (EABC) held its 84th Meeting in Dar es Salaam, Tanzania and outlined priorities set to boost intra-EAC trade and investments.
In her speech to the 84th EABC Board Meeting, the Chairperson Ms. Angelina Ngalula lauded the EABC Secretariat for championing the adoption of 35% as the 4th band of...
Ndayishimiye meets stakeholders to revamp the economy
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...
U Talk adds Kirundi language on its Application
Euro Talk (U Talk) language learning company added Kirundi language on its long list of languages in efforts to open doors to non-Kirundi speakers to learn the language.
“We are really pleased to have added Kirundi to the App which will help open up this important language to an international audience,” said Richard Howeson...
Burundi to receive $271 million from IMF
The Executive Board of the International Monetary Fund (IMF) on Monday approved a 38-month arrangement under the
Tanzania’s GDP growth to reach 6.3 percent in this year
Tanzania's real GDP growth is expected to reach 6.3% in 2024, this was revealed during the CEO Roundtable Meeting on East African Integration and Economic Outlook 2024 organized by the East African Business Council (EABC), in partnership with the Switzerland-Tanzania Chamber of Commerce, Tanzania Private Sector Association (TPSF), the Confederation of Tanzania Industries (CTI) and RSM Eastern...
East Africa’s economy to grow by 5 percent in 2024
CEO Roundtable Meeting on East African Integration and Economic Outlook 2024 organized by the East African Business Council (EABC) in