Burundi signs African Continental Free Trade Area Agreement
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Burundi signs African Continental Free Trade Area Agreement

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 […]

EAC Industry

Resilient East African economies to enjoy sustained economic growth

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 […]

EAC Industry

EAC slashes 2018/19 budget by $10m

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 […]

EAC

EAC standards law gets makeover

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 […]

EAC

Uganda calls on Tanzania to buy surplus sugar

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 […]

EAC

Itron on a drive to decrease non-revenue water in Burundi

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 […]

EAC

FINCA celebrates 20 years of impacting Tanzania

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. […]