Business

The Burundi president Evariste Ndayishimiye this Monday officially inaugurated Mubuga Solar Plant in the country’s capital Gitega. The solar energy plant was created between the Burundi government and GigaWatt Global which is expected to generate 7.5MW. In his speech, the Head of State hailed "a real accelerator of socio-economic development".

The exportation of intermediate products in Burundi is said to have contributed to the loss of revenue and job in the country, according to the Burundi Promotion Agency. "We are missing the chances of creating employment because our industry is not yet able to change the composition of the products that we export and...

Despite their high potential to advance global prosperity, one-half of the world’s 75 most vulnerable countries are facing a widening income gap with the wealthiest economies for the first time in this century, a new World Bank report has found. Taking full advantage of their younger populations, their rich natural resources, and their abundant solar-energy potential can...

East African Business Council (EABC) Chairperson Angelina Ngalula on Tuesday called on the governments of the East African Community (EAC) Partners States to market East Africa as a single investment destination by showcasing and reinforcing the bloc's comparative and competitive advantage. Speaking at the press conference during her official visit to the EABC Secretariat...

Trademark East Africa (TMEA) partnered with the Burundi Federal Chambers of Commerce (CFCIB) signed a Public Private Dialogue project in Burundi worth $25,000 this Wednesday 9th. September, 2020. The project is expected to last for 2 years aiming at providing a platform to expose communication challenges for Burundi traders as well as trade Non-Tariff Barriers (NTBs).

Burundi's Revenue Authority Commissioner General Audace Niyonzima addressing the press on Tuesday July 02nd. 2020. PHOTO| OBR. Burundi’s Revenue Authority (OBR) recorded an increase in the revenue collection country wide despite Coronavirus Pandemic that has hit the country including other neighboring states. Burundi had announced the suspension of the passenger...

The Executive Board of the International Monetary Fund (IMF) on Monday approved a 38-month arrangement under the

Burundi and Uganda held a 3rd session of the Joint permanent commission in Bujumbura to review and take stock of implications of the decisions made during the second session, and recommend new areas of operations and improving the bilateral relations and livelihood of their people. At Kiriri Garden hotel in Bujumbura last week, Burundi and...

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.

The system allows the users to share information across borders in a transparent manner, and the truck drivers will need to upload the application on their phones.PHOTO| FILE. East African Community Partner States have adopted the Regional Electronic Cargo and Drivers Tracking System that will be hosted at the EAC Headquarters in Arusha,...