Search Results for: poverty

February 2, 2015

UK Government increases investment at Mombasa Port through additional Kshs. 450 Million grant to TradeMark Africa

Nairobi-2nd February, 2015. The United Kingdom through the Department for International Development (DFID) has extended additional support to TradeMark Africa for its Mombasa Port Program. The grant agreement will make available an additional US$ 5 million (approximately KShs. 450 million) to support the dualling and improvement of the existing Port Reitz and Moi International Airport […]

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January 29, 2015

Why informal cross border trade remains important

The buying and selling of goods and services between businesses in neighbouring EAC Partner States with the seller being in one Partner State and the buyer in the other, for example a company or an individual business person in Rwanda selling to a company in Burundi. Cross Border Trade (CBT) plays an important role in […]

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January 21, 2015

Firm seeks to cut cost of regional transport through sh1.4 bn fund

The search for home-grown innovations that could cut the cost of transport in East Africa has gained momentum with the recent launch of a Sh1.4 billion ($16 million) fund targeting logistics firms. The Logistics Innovation For Trade (Lift) fund launched by Trade Mark East Africa (TMA) in November will up to the end of February […]

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January 19, 2015

Netherlands Ambassadors Impressed by Customs Reforms in Uganda

Six Netherlands Ambassadors based in the EAC countries and the DRC visited the Uganda Revenue Authority (URA), on Thursday 15 January. The main objective of the visit that was organized by TradeMark Africa was to assess the customs reforms at the URA for Uganda and the region, a program that is supported by the Government […]

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December 16, 2014

Make the people own EAC : Call

Trade Mark East Africa has called on East African partner states to closely work with civil societies in the implementation of the East African Community (EAC) integration for their citizens to understand, own and benefit from the integration. Opening the 3rd Civil Society Forum, which attracted activists from across the region here yesterday, Trade Mark […]

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December 11, 2014

Uganda rebases GDP, boosts overall EAC attractiveness

VENTURES AFRICA – Following the lead of Nigeria, Africa’s largest economy, and Kenya, the Government of Uganda has released updated figures that raised the country’s GDP by 13.1 percent from 63.9 billion shillings ($24.7 billion) to 68.4 billion shillings ($26.9 billion) for the fiscal year 2013/2014. The new figures, which came as a result of […]

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November 19, 2014

EA keen to break border bottlenecks to boost inter-regional trade

EAST Africa is making significant progress in their economic integration agenda with a focus on trade and transport facilitation to improve its competitiveness. Heavy investments in road and railway infrastructure as well as modernization of port services are helping to boost intra-regional trade, the springboards for growth and prosperity in the region. However, a major […]

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November 18, 2014

Transit times in Burundi set to tumble with construction of $6.4M Kobero One Stop Border Post

Kobero, Burundi – 14 November 2014.At a colourful ceremony at Kobero, a border town west of Burundi’s capital Bujumbura, H.E President Pierre Nkurunzinza laid a commemorative stone to signify the commencement of the construction of the Kobero One Stop Border Post (OSBP). In attendance was Burundi’s Minister of Finance and Economic Development Planning, Tabu Abdallah […]

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November 18, 2014

EU trade deal limits EAC’s options for future trade policy

After 12 years of divisive negotiations toward Economic Partnership Agreements (EPAs), the East African Community (EAC) last month became the latest African region to agree to a bilateral trade deal with the European Union. Concluding the talks was not easy, and sticking points among stakeholders remain, particularly around key African exports like Kenya’s horticultural products. […]

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November 13, 2014

WTO’s trade facilitation pact not balanced with development agenda

Tanzania’s senior official at the permanent mission in Geneva, Switzerland, Prisca Mutani, has said that the Trade Facilitation Agreement (TFA) as a legally binding pact is not balanced in a manner consistent with the development agenda. In her presentation paper at the Third Regional Meeting of the PACT EAC Project in Bujumbura, Burundi, Mutani said […]

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