Record Debt Servicing Costs in Developing Nations
In 2023, developing countries spent a record $1.4 trillion to service their foreign debt, as interest payments reached their highest level in two decades,...
Finance Minister Warns of Budget Consequences in Burundi
Burundi’s Finance Minister Audace Niyonzima on Friday called on the Burundian Revenue Office (OBR) to intensify efforts to reverse a revenue shortfall of...
Burundi and DRC Launch Simplified Trade Regime to Boost Cross-Border Trade
In a significant step toward enhancing regional trade and integration, Burundi and the Democratic Republic of Congo (DRC) officially
Global Commodity Prices Forecasted to Drop Amid Historic Oil Glut
Oversupply to Buffer Oil Prices Against Middle Eastern ConflictThe World Bank’s latest Commodity Markets Outlook indicates that global commodity prices are expected to reach...
Burundi’s inflation rate projected to soar again
Despite Burundi’s inflation rate to have decreased from 27 percent in 2023 to 20 percent in 2024, the International Monetary Fund projected the country’s...
A New Era of Connectivity: Starlink Launches in Burundi
In a groundbreaking announcement today, Elon Musk revealed via X that Starlink, the satellite internet service, is now available in Burundi.
EAC Calls for Tech-Driven Cross-Border Payment System
The East African Community (EAC) is urging its central banks to adopt technology to improve cross-border payments within the region.
USAID, TradeMark Africa, and EABC Unveil $508K AfCFTA Trade Boost Initiative
A transformative $508,000 partnership involving USAID, TradeMark Africa (TMA), and the East African Business Council (EABC)
Burundi Embraces Digital Trade to realize AfCFTA
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
Business Leaders Set Priorities for Enhanced East African Trade and Investment
Regional business leaders recently engaged with the new EAC Secretary General Veronica Nduva, during the EABC CEOs-EAC Secretary


