Arusha, Tanzania | THE INDEPENDENT | The proposed admission of the Democratic Republic of Congo into the East African Community is set to dominate the next meeting of the leaders next Wednesday. The 18th Extra-Ordinary Summit of the Heads of State of the EAC Partner States is set to …
Read More »EABC seeks dialogue to end Uganda-Kenya trade war
Arusha, Tanzania | THE INDEPENDENT | The East African Business Council (EABC), the umbrella body for the region’s business community, has called for a peaceful end to the brewing Uganda-Kenya trade war. The EABC has called for a bilateral dialogue aimed at eliminating all outstanding Non-Tariff Barriers (NTBs)between the two …
Read More »Regional ministers approve DRC’s request to join EAC
Arusha, Tanzania | THE INDEPENDENT | The East African Community (EAC) Council of Ministers has recommended the admission of the Democratic Republic of Congo in the East African Community. The decision follows DRC’s request to join the block that was followed by the EAC technical expert’s successful verification of the …
Read More »Kenya urges manufacturers to expand range of goods
Nairobi, Kenya | Xinhua | Kenya on Friday urged the local manufacturing community to expand the range of products available in readiness for the expansion of market opportunities in Africa, Europe and the Middle East. Betty Maina, the Cabinet Secretary at the Ministry of Industrialization, Trade and Enterprise Development, called …
Read More »Karamoja leaders seek regional solution to cattle rustling
Lira, Uganda | THE INDEPENDENT | Leaders from Karamoja sub-region are in Lira to promote alternative sources of livelihood, which will end cattle rustling. The delegation from Nabilatuk and Moroto districts in Karamoja region are visiting Lira for exposure and meeting aimed at generating new ideas and possible partnerships …
Read More »East African economies to recover in 2023—AfDB
Sub-region avoided recession in 2020 but political fragility and limited economic diversification impacted growth in some countries Kampala, Uganda | RONALD MUSOKE | East African economies will fully recover from the COVID-19 induced recession in 2023, thanks to increased roll-out of vaccines, recovery in the global economy, rising commodity prices, …
Read More »Airtel operating profit up 52% in East Africa
Airtel’s operations in East Africa have recorded approx.52% surge in operating profits to US$279m for the half year period ending Sep.30 riding on a balanced growth of almost all its product segments. The company’s East Africa business region includes Kenya, Malawi, Rwanda, Tanzania, Uganda and Zambia. Though Airtel Money …
Read More »East Africa’s economic growth to rise to 4.1 pct in 2021: AfDB
Nairobi, Kenya | Xinhua | East Africa’s economic growth is projected to rise to 4.1 percent in 2021, up from 0.4 percent in 2020, the African Development Bank (AfDB) said on Thursday. According to the East Africa Regional Economic Outlook 2021, the economic performance will be boosted by the ongoing global …
Read More »Design Hackathon to drive innovation among youth
Kampala, Uganda | THE INDEPENDENT | Garage48 in partnership with The Innovation Village, with support from the Estonian Ministry of Foreign Affairs Development Cooperation, has organized a 2-round series of design hackathons happening this year and October 2022, next year. The two design hackathons are a part of the EU: Africa They Journey 2021 and …
Read More »IFC to promote mobile digital loans in East Africa to support SMEs
IFC is working with stakeholders across the East Africa region to extend credit information system to cover the digital mobile lenders Nairobi, Kenya | Xinhua | The International Finance Corporation (IFC) said on Thursday it plans to promote the uptake of mobile digital loans in East Africa in order to boost …
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