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Burundi to require all newly imported passenger vehicles to be Electric or Hybrid from 2027
Burundi will require all newly imported passenger cars and jeep-type vehicles ordered from Jan. 1, 2027, to be electric or hybrid under a provision...
New Regional Alliance Aims to Make East African Trade Fairer for Women and Small Businesses
The East African Legislative Assembly (EALA) has entered into a strategic partnership with the Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI)...
EAC backs Secure Data Sharing Framework to drive regional trade, innovation and growth
The East African Community is moving to dismantle one of the region's least visible but increasingly significant barriers to economic integration: restrictions on the...
After 25 Years of Integration, East Africa’s Common Currency Remains Elusive
More than a decade after East African states signed a protocol committing themselves to a monetary union, the dream of a single currency remains...
EAC bets on AI to create jobs and build homegrown startups
East African leaders are stepping up efforts to position the region in the artificial intelligence race, backing young innovators and universities in a bid...
East Africa presses ahead with EACOP as construction passes 80%
Construction of the East African Crude Oil Pipeline (EACOP), one of Africa's largest energy projects and one of its most controversial, has passed the...
Burundi cuts reliance on Central Bank financing as debt and inflation ease
Burundi has halted direct central bank financing of government spending, marking a major shift in economic policy that the International Monetary Fund says has...
IMF pushes Burundi toward currency reform as Franc remains overvalued
The International Monetary Fund has urged Burundi to accelerate long-delayed foreign exchange reforms, warning that the official value of the Burundi franc remains significantly...
IMF projects Burundi economy could nearly double by 2031
Burundi's economy could expand to nearly $10 billion by 2031 as growth in agriculture, mining and electricity generation helps sustain one of the country's...
Burundi’s Fiscal Gamble: Can the Government Finance Growth Without Donors?
As foreign financing turns increasingly negative, Burundi is betting on a 75% increase in domestic revenue over two years to fund development, service debt...
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