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Three little boys in Kigali are sharing a lollipop. They lick it in turns. The lollipop is imported, so 45% of its cost is due to transport and allied costs. It might have been made in Kenya or Tanzania or even further afield, and it has travelled thousands of kilometres and several borders. So whichever […]
A recent debate lamented the “dying creative spirit in young Africa” as a result of an “increasing focus on private sector approaches and values”. But is that the case? What about private sector creativity? At the East African Business Summit at the Mount Kenya Club, Dr. Kamau Gachigi of the University of Nairobi FABLAB highlighted […]
Whenever I talk or write about East African integration I use this picture of three boys sharing a lollipop. I don’t know where the photo came from or who the boys are, but I do know that it speaks volumes about the way trade could lift millions out of poverty. These three little boys in […]
IN a strong call to stakeholders at the opening of the tenth Africa Regional Forum on Sustainable Development, ARFSD-10, in Addis Ababa, Ethiopia, Amina Mohammed, UN Deputy Secretary-General said urgent action is needed to increase capital flows into developing countries, particularly in Africa to make the SDGs stimulus a reality. She also urged the international […]
The general public and supporters of East Africa’s regional integration are extremely interested in the idea of a six-lane “super-highway” between Mombasa and Kigali reported in last week’s East African, judging by the number of inquiries and words of encouragement TradeMark Africa (TMA) continues to receive on the topic. The story said that TradeMark Africa […]
Taxes and fees charged on African air tickets are higher than what airlines in other continents charge and are inhibiting air transport on the continent. According to the African Airlines Association (Afraa), a leading trade association of airlines based in Ghana that researches aviation, the average amount paid in taxes and fees by passengers in […]
TANZANIA: THE Eastern Africa Grain Council (EAGC), in collaboration with TradeMark Africa (TMA), unveiled a three-year pioneering plan yesterday to propel the Tanzanian grain sector towards global export competitiveness. The initiative project, dubbed ‘Strengthening Competitiveness in ExportOriented Staple Food Value Chains in East Africa,’ is funded by the USAID-Economic Recovery and Reform Activity (USAID-ERRA) through […]
Two of Africa’s emerging economies – Ghana and Kenya – have taken giant steps to consolidate trade relations as they seek to lead Africa’s economic renaissance. The bilateral trade cooperation, initiated at the instance of Ghana’s President Nana Addo Dankwa Akufo-Addo, is being worked out within the purview and objectives of the African Continental Free […]
Accra, April 4, GNA – Dr William Samoei Ruto, the African Union (AU) Reform Champion and President of Kenya, has disclosed plans to ratify all financial institutions under the Union. The decision, he said, would create a strong financial architecture to provide the needed support to African businesses for the acceleration of intra-trade, commerce, and […]
Malawi is targeting October 2024 as the month to join the Africa Continental Free Trade Area (AfCFTA)’s Guided Trade Initiative (GTI), the Ministry of Trade and Industry has said. The GTI is an AfCFTA pilot initiative which gives room to member states to conduct trade without charging each other customs duties. Eight countries already started […]
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