The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered (SC.com) Tanzania for a US$ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway (SGR) project from Dar es Salaam to Makutupora.
Africa EAC Industry Travel

Tanzania Gauge Railway project kicks off with StanChart’s $1.46b financing

The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered (SC.com) Tanzania for a US$ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway (SGR) project from Dar es Salaam to Makutupora. Running approximately 550 kilometres long, the SGR project is one of the country’s […]

The COMESA Business Council (CBC), Africa Leather and Leather Products Institute (ALLPI) and the AeTrade Group are joining forces to advance the interests and concerns of business, cooperating on matters related to technical skills development, digital business facilitation, trade partnerships and private sector development.
Africa EAC Industry

COMESA Business Council and AeTrade Group partner to facilitate trade

The COMESA Business Council (CBC), Africa Leather and Leather Products Institute (ALLPI) and the AeTrade Group are joining forces to advance the interests and concerns of business, cooperating on matters related to technical skills development, digital business facilitation, trade partnerships and private sector development. This was symbolically done through the signing of the Memorandum of […]

Uganda government has written to its Kenyan counterparts regarding the confiscated 23 tonnes of Lato Milk products produced by Pearl Dairies Ltd.
Africa Agribusiness EAC Industry

Uganda gives Kenya 14-Days Ultimatum to release confiscated Lato Milk

Uganda government has written to its Kenyan counterparts regarding the confiscated 23 tonnes of Lato Milk products produced by Pearl Dairies Ltd. According to Uganda’s Trade Minister Amelia Kyambadde, through the Foreign Affairs Ministry, they have written to the Kenyan government to give an update and response within 14 days. “Kenya exports more goods to […]

The COMESA Secretariat has been invited to participate at the 2020 China International Fair for Investment and Trade scheduled for early September in Xiamen China.
Africa EAC Industry

COMESA invited to China for Investment Fair

The COMESA Secretariat has been invited to participate at the 2020 China International Fair for Investment and Trade scheduled for early September in Xiamen China. The fair will focus on investment negotiation and policy promotion, coordinated development of national and regional economies, as well as economic and trade exchanges. Asia-Africa Digital Economy Cooperation Forum Executive […]

The Board of Directors of African Development Bank Group has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support the preparation of the Ruzizi IV Hydropower Project.
Africa EAC Industry Investment Resources

Rwanda’s Ruzizi IV Hydro Power Project gets 8 million Euros from AfDB

The Board of Directors of African Development Bank Group has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support the preparation of the Ruzizi IV Hydropower Project. The plant will be situated on the Ruzizi River between Rwanda and the Democratic Republic of Congo and will supply electricity […]