Regional Youth Ambassadors on border community sensitization

Youth Ambassadors with border officials at Kobero/Kabanga border during the sesitisation programme on the movement of goods,services and people in the region. PHOTO|FILE. The East African Community Youth Ambassadors are undertaking a multi-stakeholder outreach programme that kicked off yesterday targeting the border communities in some of the East African partner states. The aim of...

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...

Small cross border traders adopt new tactics to manage pandemic restrictions

The project region covers eastern DR Congo bordering western Rwanda and Uganda. PHOTO|FILE. Since the first case of Covid-19 was reported in the Great Lakes region in mid-March 2020, small scale traders have been unable to cross borders as they have traditionally done either to buy or sell goods. The...

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...

Farmers call for EAC member states to implement Malabo declaration

The farmers’ forum is expected to present a petition to the upcoming East African Community heads of state summit signed by one million farmers. PHOTO: Burundi Times
In the financial year 2018-2019 all the East African member states allocated less than 10% of the budget on agriculture with the exception of Burundi which allocated 10.69% despite a high malnutrition rate in the country. During the fourth East African Community (EAC) agriculture summit that took place on May 10th in...

COMESA Agency scraps 12 Anti-Competition Trade Agreements

Other sectors in which the Commission reviewed were distribution agreements affecting alcoholic and non-alcoholic beverages and the fast-moving consumer goods. PHOTO| FILE. More than twelve trade agreements which have been operational in the Common Market for several years have been banned for being anti-competition. The action was taken by the COMESA Competition Commission...

IMF Enhances Debt Relief Trust to Enable Support for Eligible Low-Income Countries

The COVID-19 outbreak and the associated global economic turmoil creates a critical need to support the Fund’s membership. PHOTO| FILE In direct response to the COVID-19 crisis the International Monetary Fund (IMF) Executive Board has adopted some immediate enhancements to its Catastrophe Containment and Relief Trust (CCRT) to enable the Fund to provide debt...
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