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Transforming African Trade
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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 […]
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 […]
Perhaps no single organisation has made such an effective mark on streamlining East African Community (EAC) cross-border trade than TradeMark Africa (TMA). In its annual report for 2013-2014, TMA explains their success Investments in trade infrastructure as well as the dismantling of bureaucratic and procedural barriers to economic integration, is positioning the EAC region as […]
TradeMark Africa has announced that it will inject about $90m (about Shs 261bn) to promote infrastructural development projects in the region. The announcement came after some data showed that trade in the region had picked up partly as a result of the ease with which cargo is cleared throughout the different corridors, an initiative that […]
After injecting at least $80 million (nearly Shs240 billion) in infrastructure developments, resulting in reduced cargo transit times at East Africa’s main transport corridors, focus will now be shifted on how Small and Medium Enterprises (SMEs) can use their facilities. Considering that these traders, most of whom are women, do not use available formal systems […]
Encouraging results achieved over the past year, including investments at key ports have resulted in reduced cargo transit times on East Africa’s main transport corridors, and accelerated implementation of the EAC’s Single Customs Territory. Harmonisation of product standards has expanded the EAC trade basket says TMA Annual Report. Kampala, 24 March 2015. Investments in trade […]
KIGALI, Rwanda – The economic investment report dedicated to strengthening Rwanda’s position and international exposure was recently launched in Kigali. This is essential for a country that was recently ranked the most competitive nation in East Africa, third in Africa in the world economic forum’s global competitiveness report. Rwanda’s Minister of Infrastructure James Musoni said […]
East African countries on Wednesday vowed to harmonize policy and regulatory frameworks to enhance response to the menace of electronic waste (e-waste) that poses serious threats to human and ecological health. Policy makers and experts from the region said in Nairobi that countries will share best practices and roll out joint programs to promote management […]
Gitega — As part of its objective to increase the participation of women in the electoral process in Burundi, the EAC Secretariat, together with joint efforts from the Common Market for Eastern and Southern Africa (COMESA), held plenary discussions to women groups in the town of Gitega, Burundi from 11th – 12th March, 2015. The […]
DAKAR (Thomson Reuters Foundation) – Though the coastal cities of Senegal are situated on the fierce Atlantic Ocean, it is floods from heavy rains they struggle with, rather than rising tides. A common solution is to pump floodwaters into the ocean. But one innovative project is trying to capture the water instead, for use in […]