$1million for Artificial Intelligence-African Development Bank
Africa EAC

$1million for Financial Inclusion-African Development Bank

Abidjan, Côte d’Ivoire, 10 March 2021 –The Board of Directors of the African Development Bank has approved a grant of $1.024 million for artificial intelligence, from Africa Digital Financial Inclusion Facility (ADFI) to enabled systems to process customer complaints on behalf of the national banks of Ghana and Rwanda and the Competition and Consumer Protection Commission […]

Africa EAC

48th EAST AFRICAN REVENUE AUTHORITIES EARACGs MEETING COMMUNIQUE

11th November 2020, The East African Revenue Authorities’ Commissioners General meet twice a year with the objective of sharing experiences and addressing common challenges facing tax administrations in the Region. The 48th East African Revenue Authorities Commissioners General meeting was held virtually due to the new working arrangements under the COVID-19 pandemic. The meeting was hosted […]

Africa EAC Investment

Uganda: African Development Bank Grants $500,000 for Capacity Development of MSMEs Within The Petroleum Sector

Abidjan, Cote d’Ivoire, 11 November 2020 – The African Development Bank and the Government of Uganda have signed a $500,000 grant agreement for financing of Micro, Small and Medium Enterprises (MSMEs) to boost business linkages on the East African Crude Oil Pipeline Technical Assistance project. The project’s overall objective is to help develop capacity of local Uganda […]

Cross border road transport laws, regulations, standards and systems are set to be harmonized from Cape to Cairo following the endorsement of two anchor Multilateral Agreements and five Model Laws.
Africa EAC Industry

Harmonization of road transport laws between Cape Town to Cairo in offing

Cross border road transport laws, regulations, standards and systems are set to be harmonized from Cape to Cairo following the endorsement of two anchor Multilateral Agreements and five Model Laws. The COMESA-EAC-SADC Tripartite Sectoral Ministerial Committee on Legal Affairs (TSMCLA) endorsed the Tripartite Draft Legal Instruments on Transport and Transit Facilitation during a virtual meeting […]

The COMESA Regional Customs Transit Guarantee Scheme (RCTG-Carnet) has launched a Mobile Application to provide access to real-time information to clearing and forwarding agents in the region.
Africa EAC ICT Industry

COMESA starts Mobile App to Facilitate Regional Customs Transit Scheme operations

The COMESA Regional Customs Transit Guarantee Scheme (RCTG-Carnet) has launched a Mobile Application to provide access to real-time information to clearing and forwarding agents in the region. The Application is accessible on Google Play Store and Apple Store and provides a one-stop-shop for the agents in member countries to view current bond balance and active […]

Central Banks in the COMESA region have been implementing new policy instruments and made changes to their monetary policy frameworks in order to address low growth and increase in unemployment resulting from the negative impact of COVID-19.
Africa EAC Industry

Unconventional Monetary Policies Necessary to Address the Impact of COVID-19

Central Banks in the COMESA region have been implementing new policy instruments and made changes to their monetary policy frameworks in order to address low growth and increase in unemployment resulting from the negative impact of COVID-19. According to  a special report published by the Director of the COMESA Monetary Institute (CMI), Ibrahim Zeidy, most […]