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WITH an improvement in the level of intra-African transactions and communication, African products would enjoy a boost at the global market coupled with the concomitant promotion of peace, integration and trans-border trade across the region, the African Organisation for Standardisation has said. Underlying the need to boost intra-African trade, ARSO President, Dr. Joseph Odumodu, who […]
Africa has no choice but industrialise to add value to its natural resources to maximise export earnings from these, Industry and Commerce Minister Mike Bimha said last week.He told journalists at the 18th Common Market for Eastern and Southern Africa (Comesa) Heads of State and Government Summit that government and the private sector should work […]
Regional integration optimism as TradeMark Africa projects spur regional trade volumes Historically, exporting finished products and importing raw materials has always been a terrible hustle for local manufactures which import raw materials and export finished products. The whole process includes the preparation and submission of numerous documents to different authorities to comply with import, export […]
Negotiations over the establishment of a Tripartite Free Trade Area on trade of goods between the Common Market for East and Southern Africa (COMESA), the East African Community (EAC) and the Southern Africa Development Community (SADC) have been finalized and will be launched later this year, COMESA Secretary General Sindiso Ngwenya said during the 34th […]
The United Kingdom of Great Britain and Northern Ireland’s Department for International Development (DFID) mandated the International Trade Centre (ITC) to design and implement a project, called ‘Supporting India’s Trade and Investment Preferences for Africa’ (SITA). The Confederation of Indian Industry (CII) is the implementation partner for the project in India. Speaking at an event […]
THE African Development Bank (AfDB) will finance the construction of the Chinsali-Nakonde Road at the cost of US$250 million. AfDB officer-in-charge for Zambia, Philip Boahen said the Bank would provide the resources for the rehabilitation of the 210 kilometre Road at the cost of $250 million. The project forms a section of the Trans-Africa Highway/North-South […]
Lusaka- The planned launch of the Grand Tripartite Free Trade Area (TFTA) by three African Regional Economic Communities earmarked for Egypt by the middle of this year may be delayed after it emerged that stakeholders involved in discussions have reached a deadlock on various phsytosanitary and other trade related issues mainly affecting land locked countries. […]
The State of Food Insecurity (Sofi) 2014 report stated that the World Food Summit goal of halving the number of undernourished people by 2015 cannot be met. What does that mean for Kenya and East Africa as a whole? Currently, statistics show that the number of undernourished people in the world is falling by an […]
Although the tumbling global oil prices will slow down investment in Uganda’s petroleum sector and delay further the expected flow of petrodollars, experts say the price crash presents Kampala with a rare opportunity to put its house in order if the country is to avoid the oil curse. “To sustain growth and poverty reduction, Uganda’s […]
In order for Africa to compete in a developing global bio-economy, the continent must embrace agricultural innovations. This was highlighted during a two-day forum recently held in Nairobi organised by the Forum for Agricultural Research in Africa (FARA) and the German government. “One of the key ingredients to growth in the agriculture sector is attributable […]
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