Search Results for: corridor

July 24, 2014

MUSEVENI RECEIVES AWARD FOR PROMOTING TRADE

President Yoweri Museveni has received an award for promoting trade in East Africa from The Shippers’ Council of East Africa. The Chairman, Kenya Manufacturers’ Association, Polucar Igathe, on behalf of the East African Business Community, presented the award to President Museveni at Safari Park Hotel in Nairoi-Kenya. The ceremony took place Saturday during the 5th […]

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July 24, 2014

TANZANIA TO REBUILD RAILWAY LINE USING $300M WORLD BANK LOAN

The World Bank has approved a $300 million loan to improve the rail network in Tanzania between Dar es Salaam and Isaka. The funds will be used to improve the deteriorating rail infrastructure on the route in an effort to create a reliable service. A World Bank statement describes the project as “a necessary first […]

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July 24, 2014

TANZANIA BANKS ON DRC OFFICE TO SECURE ROLE AS REGION’S TRADE HUB

Tanzania has opened an office in Lubumbashi, DR Congo, as part of a reform and expansion plan to become a port hub for the hinterland countries, and fight off competition from Kenya. The government is also keen to fast-tract the expansion of the Dar es Salaam port as it seeks to secure a geostrategic position […]

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July 24, 2014

EAC CITIZENS NOW HAVE A REASON TO SMILE

East African Community (EAC) leaders met for the 5th Northern Corridor Integration Projects Summit in Nairobi during which they agreed on a wide range of issues, which if implemented, will not only take the bloc’s integration to another level but will have a significant impact on the lives of the ordinary East Africans. The inauguration […]

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July 24, 2014

EAST AFRICAN LEADERS LOOK TO FAST-TRACK INTEGRATION

President Paul Kagame yesterday launched Kenya National Electronic Single Window System seen as a major boost for regional trade since it will simplify clearance processes of goods. President Kagame logs in to the Kenya National Electronic Window System (Kenya TradeNet) during 5th Northern Corridor Integration Projects Summit in Nairobi yesterday. Village Urugwiro. The launch was […]

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