USAID Equipment Donation to Streamline Trade Clearance Processes and Improve Access to Government Services at EAC Border Posts
Nairobi, Kenya. November 7, 2024. Recognizing the critical role of soft infrastructure in streamlining border operations, representatives from the USAID Economic Recovery and Reform Activity (ERRA) implemented by TradeMark Africa, the East African Community (EAC) Secretariat, and the Kenya Revenue Authority (KRA), today, flagged off a consignment of digital equipment from Computech Limited in Nairobi […]
USAID and TradeMark Africa Launch Grant with East African Business Council to Boost AfCFTA Trade Opportunities
Nairobi, Kenya, September 2024 — A new $508,000 partnership between USAID, TradeMark Africa (TMA), and the East African Business Council (EABC) is set to boost the trading potential of 220 private sector enterprises including Small and Medium Enterprises (SMEs) and 3000 farmers, processors and private proprietors within the African Continental Free Trade Area (AfCFTA) – […]
Kenya Breaks Ground for World’s First Green Garment Factory Made from Recycled Containers
May 20, 2024, Athi River, Kenya – The world’s first green industrial garment factory has broken ground in Athi River EPZ, with a $530,000 investment from the United States Agency for International Development (USAID) and a $1.3 million loan from Trade Catalyst Africa (TCA). This new warehouse spans 5,000 sqm and is poised to be […]
US Govt’s Prosper Africa Collaborates with Leading Companies to Fuel Africa’s Technological Revolution
The US Government initiative, Prosper Africa, has launched the Tech for Trade Alliance in collaboration with the US Agency for International Development (USAID), major US companies and Government agencies. The announcement was made at the Africa Fintech Summit held on April 12, 2023, in Washington DC at the Walter E. Washington Convention Center. The alliance, supported by leading […]
Kenya, US to encounter new trade plan hurdles
Kenya’s hope of faster completion of Strategic Trade and Investment Partnership (STIP) negotiations with the United States could face further delays after 24 lobby groups issued fresh demands, citing secrecy between the two nations. The lobby groups are accusing the Washington team of hiding the details of the ongoing negotiations and instead dealing directly with […]
Govt seeks to generate Shs 22.5tn in exports through Trade Frontier Fund
In a bid to boost exports and close budget funding gaps, Uganda has rolled out the Trade Frontier Fund (TFF) with an ambitious target of generating an additional $6 billion (about Shs 22.4 trillion) in exports over the next five years. Launched by President Museveni last week, TFF is an innovative program designed to facilitate […]