Extra funding for African economy to sustain development

During Academy Public-Private Partnership Forum (APPPF) session held in Tanzania (Arusha) early this month, The Nelson Mandela African Institution of Science and technology (NM-AIST) and The East African Business Council (EABC) asked for additional funding to help investors drive Africa’s sustainable economic development. The APPPF that was held at Gran Melia Hotel, Arusha regional...

Domestic Tourism Campaign to boost regional tourism

The East African Community (EAC) Secretary General Peter Mathuki this Wednesday launched the EAC Regional Domestic Tourism Media Campaign where media outlets expected to disseminate, and showcase the tourism potentials the region possess in efforts to revamp the sector after being largely hit by the covid-19 pandemic since last year. While addressing the journalists...

EABC: Burundi’s intra-regional trade declines by 4%

According to the latest figures released by the East African Business Council Burundi’s trade with the East African Community member states declined by 4.1% ($162 million) in 2017 from 169 million in 2016, the regional business council said that the decline of the country’s trade with member states is as a result of decline in volume of both imports...

Burundi Airlines set to hit the skies

Burundi ministry of trade, tourism, and industry launched this Thursday February 5th, 2021  Burundi Airlines a company to monitor the country’s owned fleet after being grounded for more than 10 years. The government is the main shareholder with 92 percent of the shares while SOCABU and SABENA owns 4 percent of the shares each. 

Agriculture remains underfunded in East Africa

During the East African Community Agriculture Budget Summit last week, small scale farmers in member states expressed concerns over the agriculture sector that has remained under funded calling on the member states to meet the Malabo declaration. “I acknowledge so many challenges that our small scale farmers in the region face including inadequate access...

Kenya exporters protest expensive Chinese vetting

Kenyan exporters have raised concerns of high demurrage charges and loss of their agricultural produce over food certification required by China, making it difficult to trade. The Asian country on January 1 implemented new registration requirements for companies that export food to China. According to the regulations, all overseas manufacturers of...

Burundi’s Ndayishimiye arrives in Dakar ahead of the summit 

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...

Burundi farmers still struggle to access markets

Farmers in the central province of Muramvya in Burundi are desperate to access international markets for their products in efforts to expand

World Bank Group approves $120 million for Burundi Transport Resilient Project

WASHINGTON, October 6, 2022—The World Bank Group approved $120 million in financing for the Burundi Transport Resilient Projectwhich aims to provide efficient, safe, and climate resilient road connectivity along the main corridor linking Burundi with Tanzania. It will also strengthen the institutional capacity to sustainably plan, develop, and preserve climate resilient road assets. The project...

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...
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