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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 […]
Kenya has launched a paperless cargo clearance system that is expected to save the economy millions of dollars by reducing the time and cost it takes to move goods across the region. The rollout of the Electronic Single Window System, also known as the Kenya Tradenet System, will cement the country’s position as the gateway […]
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 […]
Kenya on Friday launched a single electronic system for processing imports and exports, to simplify red tape blamed for holding up trade in the trading hub of the region. Kenya is the main trade gateway to east Africa, through its Indian Ocean port of Mombasa, but traders say it takes too long to get goods […]
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 […]
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 […]
Source: UGO news Kenya has launched a $13.8 billion railway project to boost the transportation of goods in the region. This railway line which will be used mainly to transport goods and services across the region will start from the port of Mombasa to Uganda and extend to Rwanda and South Sudan. Speaking at the […]
Source: The Citizen The European Union (EU) and East African Community (EAC) talks on the Economic Partnership Agreement (Epa) are on course and soon the two sides will reach consensus, the EU head of delegation in the country, Ambassador Filberto Sebregondi, has said. Speaking in an exclusive interview with The Citizen ahead of the commemoration […]
Source: http://goo.gl/zcRwPH Electronic tracking of goods imported to Uganda or passing through to other countries will start on Friday, Uganda Revenue Authority has said. In a statement, the revenue body has listed nine products which they will start with. These are cigarettes, wines and spirits, beer and beverages, sugar, rice, textiles, motor vehicles imported by […]
Source: Standard Digital President Uhuru Kenyatta has called on the member states of the East African Community to speed up the adoption of a common currency for the region. President Kenyatta said a single currency will assure faster economic growth for the region and called on the member countries to lay the necessary foundations for […]
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