Burundi signs African Continental Free Trade Area Agreement Burundi was among the latest African countries that signed the African Continental Free Trade Area> Agreement on Sunday July 1. Although full implementation of the AfCFTA will still take years, Burundi’s signing of the agreement is a significant step. Sierra Leone, Lesotho, South Africa and Namibia also […]
BY EABW REPORTER ABIDJAN, Ivory Coast,- Global and African financial heads identified country risk as the biggest challenge to their ability to lend more to African countries. Speaking in Abidjan during a one-day forum on investment risks in Africa hosted by the African Trade Insurance Agency (ATI), experts acknowledged that the abundance of current liquidity […]
BY EABW REPORTER LONDON, United Kingdom, — Ongoing improvement in East Africa’s economic prospects is forecast by Ecobank’s research team in the newly published East Africa section of its flagship financial website, AfricaFICC. Ethiopia, Kenya, Tanzania and Uganda are the regions’ economic powerhouses and are enjoying a period of significant economic growth – their Gross […]
BY EABW REPORTER Lusaka, ZAMBIA: The timetable of the 20th COMESA Heads of State and Governments’ Summit and other Policy Organs meetings has been issued. The Summit will take place in Lusaka, Zambia on 18 – 19 July 2018. It will be preceded by meetings of ministers and technical officials starting from July 9, 2018. […]
BY EABW REPORTER SafariBookings.com, an online marketplace for African safari travel, has published a definitive ranking of the 10 best safari parks in Africa. The analysis was based on more than 2500 reviews – a total of 1670 reviews were contributed by safari-goers from 72 countries; another 860 park reviews were written by renowned industry […]
BY SAMUEL NABWIISO ARUSHA, TANZANIA- The East African Community member states have presented for consideration budget estimates for the Financial Year 2018/2019, totaling to $99,770,716 to the East African Legislative Assembly . The Chairperson of the EAC Council of Ministers, and Second Deputy Prime Minister, Republic of Uganda, Rt Hon Dr Ali Kirunda Kivenjija, presented […]
BY EABW REPORTER BUSAN, Republic of Korea – Korean President Moon Jae-in has committed to sharing Korea’s technological and industrial experience with Africa and to help it compete in the 4th Industrial Revolution. “Africa is no longer the sleeping lion. Korea is happy to share its industrial experience with the continent. The theme of the […]
Arusha, TANZANIA -The East African Community (EAC) has issued regulations to improve the EAC Standardization, Quality Assurance, Metrology and Testing Act (SQMT) of 2006. SQMT regulations are geared towards facilitating regional trade, the Secretariat announced through a press release. The regulations were approved by the Council of Ministers in November 2013 and are issued in […]
KAMPALA, Uganda–President Yoweri Museveni and his visiting Tanzanian counterpart, President John Joseph Pombe Magufuli have discussed areas of cooperation between their two countries at a meeting held at State House, Entebbe. Uganda’s Minister of Foreign Affairs, Mr. Sam Kuteesa, his Tanzanian counterpart, Mr. Augustine Mahiga and Uganda’s Minister of Public Service, Mr. Muruli Mukasa, attended […]
KIGALI, Rwanda- The presidential panel that opened Day 2 of the 2018 Next Einstein Forum (NEF) Global Gathering in Kigali lifted the level of debate at the conference a notch higher as policymakers and scientists grappled with the practical implications of creating knowledge-led societies. President's Macky Sall of Senegal and Paul Kagame of hosts Rwanda […]
Bujumbura, Burundi–Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, is working with REGIDESO (Régie De Production et Distribution d’Eau et d’Electricité) for the Republic of Burundi in Africa. The utility will use Itron’s residential and commercial & industrial (C&I) water metering automation solutions, as […]
DAR ES SALAAM, Tanzania–FINCA Micro-Finance Bank , a leading financial institution in Tanzania has marked its 20 years of serving and creating impact in Tanzania. The bank was established in 1998 as a microfinance institution providing loans to SMEs and entrepreneurs and has now evolved into a full-fledged bank that offers innovative products and services. […]
ADDIS ABABA, Ethiopia–The 2nd edition of agrofood and plastprintpack Ethiopia 2018 has scored with an outstanding participation of international market leaders. Taking place from 3rd to 5th May 2018, at the Millennium Hall in Addis Ababa, more than 60 exhibitors from 17 countries present their innovations at Ethiopia's 2nd International Trade Show on Agriculture, Food, […]