Diaspora Remittances critical for COVID-19 recovery

In COMESA region, the leading recipients of remittances were Egypt (US$ 26,791 million), Kenya (US$ 2,819 million), Tunisia (US$ 1,912 million), DR Congo (US 1,823 million) and Zimbabwe (US$ 1,730). PHOTO| FILE Remittance flows to Sub Saharan African countries expected to drop by 23.1% from $48 billion in 2019 to $37 billion in 2020 in...

EABC urges Burundi government to waive covid-19 testing

The East African Business Council (EABC) Chief Executive Officer John Bosco Kalisa called on the Burundi government to waive COVID-19 testing for fully vaccinated passengers entering Burundi. “This will boost tourism & trade and easing of forex bureau controls also the operationalization of Ruhwa one-stop border post will boost Burundi-Rwanda trade,” said the EABC...

African businesses set to drive transformational agenda across continent

At the margins of the EU-Africa Business Forum, the International Trade Centre (ITC) signed a partnership with the Africa Business Council (AfBC) to empower African enterprises especially women and youth. Through this partnership ITC’s One Trade Africa programme will support the AfBC in its mandate to coordinate business support organisations across the continent and...

Second Burundi Manufacturers and Trade Fair kicks off in Bujumbura

Burundi president Pierre Nkurunziza officially launching the Trade Fair in Bujumbura on 13/June/2019. PHOTO|FILE: Burundi State House. The second edition of the Burundi manufactures and trade fair was officially opened this Thursday in Burundi’s capital Bujumbura, the fair was launched by president Pierre Nkurunziza at Hotel Club du Lac Tanganyika.

Sustainable economic recovery key for COMESA member states

During the 21st COMESA Heads of State Summit held in Cairo, Egypt on 23rd, November 2021, Burundi president Evariste Ndayishimiye called on Common Market for East and Southern African (COMESA) member states prioritize sustainable economic recovery in the post covid-19 pandemic. Burundi’s President Evariste Ndayishimiye who attended the COMESA heads of state summit via...

EABC urges member states to expedite EAC-UK economic agreement

“EAC Partner States to conclude collective Trade Agreement with the United Kingdom to avoid trade uncertainty and disruption between UK and EAC” said EABC CEO Mr.Kalisa during the courtesy visit by the UK Prime Minister’s Trade Envoy to Tanzania, Mr. John Lord Walney to the East African Business Council Headquarter in Arusha, Tanzania, He...

Kenya strengthens ties with Burundi, eyes DRC market

The free trade zone near DRC will be offered to Kenya’s private sector business men including the chambers of commerce and Kenya manufactures association to showcase Kenyan products mainly consumer and industrial products. PHOTO|FILE Kenya has stepped up efforts to strengthen the bilateral relations with the Burundian government in efforts to boost trade between the...

Tanzania-Burundi to sign dry port agreement in November

Burundi and Tanzanian government are set to sign an agreement that will see Burundi utilizing the 10 hector dry port that was allocated by Tanzanian government  in Kwala area in coast region near the Dar es Salaam port. “We visited the place which is near to the port what next is that Burundi will...

Burundi-Nigeria business summit set to boost trade

Burundi president Evariste Ndayhsimiye this Tuesday September 27th officially kicked off the business summit between Burundi and Nigeria in Bujumbura in efforts to strengthen the bilateral cooperation between the two countries through investment in the private sector and trade promotion. “This Burundi and Nigeria Business summit calls for ambitious commitments to break the current...

 Bujumbura port rehabilitation project given a boost

Burundi government last week signed an agreement worth 19.7 million Euros with the European Union alongside the African Development Bank to strengthen capacity and upgrade the cargo handling volume in the central corridor. Burundi’s finance minister signed for amount of 19.7 million Euros which is set to rehabilitate and provide the efficiency at the...
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