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The UK’s Department for International Development (DFID) and TradeMark Africa (TMA) have today signed a £23million (KES3.5 billion) grant agreement. The funding is targeted towards modernization work at the port of Mombasa including infrastructure investments aimed at addressing energy efficiency, speed up import and export trade handling, and minimise environmental impacts at the port of […]
Uganda National Bureau of Standards (UNBS) and TradeMark Africa (TMA) have launched an online portal that automates imports inspection and clearance. The portal which cost a total of US $ 100,000 will enable traders access UNBS services from any geographical location without physical visits to UNBS offices. This will save them time and money by […]
AFRICA is a continent endowed with a lot of resources and yet the continent continues wallowing in poverty with most of its people living below the poverty datum lime. There have been several issues of humanitarian crises in Africa and most of these have dwelt on the debilitating poverty crises that many African countries face. […]
“Trade is the best cure for prejudice. It is an almost general rule that, wherever there is good citizenship, there is trade, and that, wherever there is trade, there is good citizenship.” – French philosopher Montesquieu. VENTURES AFRICA – Philosophically, it could be argued that nations are endowed with different sets of natural resources for […]
While the last 15 years have seen relatively high levels of growth driven by a commodity super-cycle and strong internal demand from a growing middle class, Africa is still dependent on commodities for most of its export earnings. There is now broad consensus that without diversified economies, Africa will remain prone to exogenous shocks and […]
When the Government mooted Big Results Now (BRN) programme about one and a half years ago, some critics thought it was business as usual…that nothing will be realised. But, contrary to these detractors, several projects are now up and running. The government and development partners under the umbrella of Public Private Partnership (PPP) have, last […]
Kenya needs to position itself as an exporter of services in order to drive economic growth and create new jobs. This will be crucial in supporting poverty eradication efforts. According to Vision 2030 acting director-general Gituro Wainaina, there is a need to increase focus on investments in the sector by targeting the external market, which […]
Arusha. The private sector should now contemplate financing development projects in the East African Community (EAC) bloc as a measure to cut down donor dependency. EAC Secretary-General Dr Richard Sezibera said in Kampala on Friday that the growing portifolio of the projects under the Community also called for diversifying the organisation’s resource base. “There is […]
While the last 15 years have seen relatively high levels of growth driven by a commodity super-cycle and strong internal demand from a growing middleclass, Africa is still dependent on commodities for most of its export earnings. There is now broad consensus that, without diversified economies, Africa will remain prone to exogenous shocks and trapped […]
Innovative efforts to dismantle trade barriers in East Africa provide a shining example of how the private sector can work alongside governments and nonprofits to help drive sustainable economic growth and lift people out of poverty. The East African Community has made great steps toward stimulating trade in the region in recent years. Customs union […]
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