DFC eyes to invest in Burundi energy sector 

A team of the US International Development Finance Corporation (DFC) made a field visit in Burundi to explore opportunities to invest in mainly in the country’s private sector. While addressing the press in Bujumbura on Friday 9th February, Andrew Herscowitz the Chief Development officer of DFC said that his visit was a follow up of...

Burundi forms committee to monitor railway project

In a presidential decree that was released by Burundi’s president Evariste Ndayishimiye earlier this week formed a committee whose mission is to ensure the sustainability of the project with the National policy. The railway project is expected to connect from Tanzania through the central corridor Uvinza-Musongati-Gitega-Bujumbura-Uvira and Kindu will see Burundi’s direct access to...

Region to wait longer for a single currency

The East African Community has proposed another deadline for a single currency while expected to miss out on the 2024 deadline that was initially set by the heads of state upon signing the Monetary Union Protocol in 2013. During the celebration of 23 years since the East African Community was revived after its collapse...

World Bank, IMF mobilize partners in the fight against COVID-19 in Africa

The World Bank Group and the IMF suggested a range of financing options and policy tools as part of the pandemic response, many of which African countries are looking to implement as they plan for the medium and long-term impacts of the crisis. PHOTO| FILE. The World Bank Group and International Monetary Fund today convened African...

COMESA Member States wants socioeconomic study on COVID-19 impact

Member state officials indicated that some of the measures are not coordinated at a regional level thus seriously limiting regional trade which involves essential commodities that are in critical demand. PHOTO| FILE COMESA Member States have asked the Secretariat to conduct a socioeconomic study on the effects of the Coronavirus to inform ongoing COVID-19...

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

Burundi Cargo Ship owner hails Tanzania’s Navy

A Burundian national and owner of a cargo ship that sunk in Lake Tanganyika on Wednesday 16th, 2022 hailed Tanzania’s navy for a quick and on time to rescue all the eleven crew members who were on board before the ship capsized.  “I thank the army and Tanzanian government in rescuing the crew and...

Burundi and DRC private sectors meet to boost trade

Burundi and Democratic Republic of Congo chambers of commerce met on Tuesday in Bukavu (DRC) in efforts to boost the trade between the two countries.

Burundi urged to embrace liberalization of air transport 

The Common Market for Eastern and Southern Africa (COMESA) has called on Gitega to join other African Union member states and reap the benefits of the liberalised air transport market.  During the Single African Air Transport Market (SAATM) awareness workshop conducted in Burundi from 19 – 20 July 2023, Jean Claude Kanene Burundian Assistant...

EABC calls for the reopening of regional Air Space

The East African Business Council has called on the East African Community (EAC) Partner States to fast track opening of air transport services to boost regional trade, tourism and hospitality sectors. In a statement released by the EABC, the Business Council said that it appreciates the measures by the EAC...
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