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...

UNCTAD: Foreign Direct Investment in East Africa declines

Foreign Direct Investment (FDI) inflows to East Africa fell by 14% in 2018, this is according to the UN Conference on Trade and Development (UNCTAD). This despite FDI flows to Africa bucking the global trend and registering and increase of 6% in 2018, though most of these inflows went to North and Southern Africa.

EALA to cooperate with ATT to eradicate illicit trade of weapons

The East African Community Legislative Assembly (EALA) is set to cooperate with the International committee of the Red Cross (ICRC) to advocate for the partner states to ratify the Arms Trade Treaty (ATT) aimed at preventing, and eradicating the illicit trade in Conventional arms and prevent their diversion in the East African Community.

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...
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