Search Results for: poverty

January 4, 2024

Why Africa needs an entrepreneurial boom

For decades, Africa has been the world’s most commodity-dependent continent. At the same time, it has become overly reliant on imports from the rest of the world: intracontinental trade accounts for only 15 percent of total African trade, compared to 60 percent in Asia and 70 percent in the EU. Worryingly, imports of manufactured goods […]

Read More
December 15, 2023

Fresh produce industry players sign deal to boost export market

Clement Tulezi, Chairperson, National Horticulture Taskforce (L) and Ahmed Farah, Kenya Country Director, TradeMark Africa pose for a photo after signing the partnership agreement aimed at strengthening and sustaining trade and investment in Kenya’s fresh produce exports TradeMark Africa and National Horticulture Taskforce forged alliance to boost fresh produce export market. In Summary Kenya seeks […]

Read More
December 7, 2023

Firms eye new deals at region’s MSMEs trade fair in Burundi

Preparations for the 23rd Edition of the East African Community’s (EAC) micro, small and medium enterprises (MSMEs) trade fair that is expected to showcase the region’s innovations and trade are in top gear. The trade fair, dubbed, the Jua Kali-Nguvu Kazi Exhibition is expected to attract more than 1,500 firms from all the seven EAC partner […]

Read More
November 30, 2023

Non-Tariff Barriers Thwart East Africa’s Integration; Climate Crisis Grips Middle East and Central Asia

Non-tariff barriers (NTBs), a complex web of regulatory and procedural stumbling blocks, are mounting considerable challenges for businesses within East Africa. These barriers, stretching beyond conventional tariff measures, are stifling the free movement of goods and services, consequently escalating operational costs and hampering trade in the region. NTBs: Obstructing Aspirations of Regional Integration These hindrances […]

Read More
November 23, 2023

Unlocking AfCFTA’s Full Potential Through Accessible Financing

The African Continental Free Trade Area (AfCFTA) represents a historic opportunity to boost intra-regional commerce, reduce poverty, and spur Africa’s economic transformation. The World Bank estimates that AfCFTA could lift over 50 million people out of extreme poverty and raise incomes by nine per cent once fully implemented. However, realising these gains will require expanding […]

Read More
November 8, 2023

Resilience and Inclusive Trade

RESILIENCE AND INCLUSIVE TRADE An adaptation story The story of climate change in the trade sector is not only one of mitigation and harnessing economic opportunities. The impact of increasingly severe weather events and harsher long-term conditions on economies in TMA focus regions is only likely to increase –affecting agricultural production and livelihoods in the […]

Read More
November 3, 2023

Ghana, Togo to ensure smooth operations at border post within 6 months

Ghana and Togo have pledged to address challenges affecting the smooth operation of the Noepe-Akanu Joint Border Post within six months.  This is to ensure efficient operations at the post ahead of its management by ECOWAS next year. Per the bilateral agreement, Ghana is to provide water and information and communication technology (ICT), while Togo […]

Read More
October 27, 2023

In Rwanda, Female Cross-border Traders Find Solidarity in the Face of Adversity

Rusizi, 23 October 2023 – It is still dark when Verena, a mother of five, wakes up at the crack of dawn to start her day. She is part of a cross-border cooperative alongside other women with whom they purchase legumes and vegetables from wholesalers in Rwanda to resell at the border with the Democratic Republic […]

Read More
October 5, 2023

Landmark Infrastructure Project Strengthens Zambia-DRC Relations

President Hakainde Hichilema joined President Antoine Félix Tshisekedi of the Democratic Republic of Congo (DRC) to inaugurate the Kasomeno-Kasenga-Chalwe-Kabila-Mwenda Road. This monumental project, part of the One Stop Border Post initiative, also includes the construction of the Luapula River Bridge, cementing the strong bilateral relations between Zambia and the DRC. The Kasomeno-Mwenda Road Project signifies […]

Read More
September 21, 2023

Standards harmonisation imperative for greener garment industry

As fashion giants are imposing varied standards and requirements for clothing manufacturers and exporters in the developing countries, including Bangladesh, it impedes making factories environment-friendly and sustainable in transition process. In this connection, trade experts argue that there should be some harmonisation of standards regarding the green factories producing ready-made garments (RMG) so that more […]

Read More