The East African Business Council has asked member states of the East African Community to adopt the regulatory framework for Mutual Recognition Agreements (MRAs), as stipulated in the region’s Common Market Protocol, in order to facilitate easy movement of professionals in the region. Nicholas Nesbitt, the Council Chairman said although the six member states signed […]
Opportunities for investment in Africa outweigh the obstacles, according to a report by leading African companies covered in the African Development Bank’s new Africa-to-Africa (A2A) Investment Report, the first ever report on inter-African trade published by the Bank. The report unearths the realities African companies face when investing in the continent, the emerging trends in […]
Now that US President Donald Trump has imposed a 10% tariff on yet another US$200 billion worth of Chinese imports, the US-China trade war has entered a costly new phase. As China follows through on its pledge to retaliate, the casualties will include more than half the bilateral trade between the two countries, with China […]
Uganda Export Promotions Board (UEPB) and African Export-Import Bank (AFREXIMBANK) have started a campaign that will see African countries increasing trade among themselves, in what they termed as Intra-African Trade. Analysis by the African Export-Import Bank shows that one of the main reasons why intra-African trade is low at around 15% compared to Europe (59%), […]
Africa’s premier fintech event, the Africa Fintech Summit, will be held for the first time in Lagos, Nigeria, on November 8-9, 2018. This event comes on the heels of the earlier edition in Washington D.C. which featured leading policy makers, c-suite business executives, start-ups, and investors. The Summit, organized by Dedalus Global, gathers innovators, investors, […]
The average quality of policies and institutions in Sub-Saharan Africa was broadly unchanged in 2017, according to the latest review by the World Bank. This is a shift from the deterioration observed in the previous year. This analysis covers 38 countries and describes the progress these countries are making on improving the quality of their […]
The burgeoning gaming industry in Africa has been thrown into stark relief during 2018 with countries across the continent driving key measures to capitalise on emerging sectors. Authorities are also keen to discuss the direct and indirect investment opportunities ahead. Talking ahead of the inaugural ICE Africa (24-25 October, Sandton Convention Centre, Johannesburg), which is […]
Kenya Airways is set to launch two additional direct flights from Cape Town to Nairobi operated starting on the 20th of November this year. The three direct flights between Cape Town and Nairobi were introduced in June this year. The additional two flights will result in five non-stop flights a week operated on a Boeing […]
Phanes Group, an international end-to-end solar provider headquartered in Dubai, UAE, has announced the 2nd edition of its Solar Incubator program, aimed at identifying PV projects of potential in sub-Saharan Africa by providing support to funding, and commercial and technical knowledge. The initiative held under the theme, “Your Project, Our Expertise, For a Sustainable Future”, […]
APO Group, the leading media relations consultancy for Africa and the Middle East, has unveiled a new version of their media monitoring service for press releases. The new version goes far beyond what is available in the press release distribution industry today. Reports now offer deeper insights to Africa Wire® and MENA Wire® customers, helping […]
BY EABW REPORTER JOHANNESBURG, South Africa–Africa’s hotel sector has the potential for further growth over the next five years, this is according to PwC’s eighth edition of the Hotels outlook: 2018-2022 report. An increase in the number of foreign and domestic travellers, as well as an expansion in a number of hotel chains on the […]
BY EABW REPORTER ARUSHA, Tanzania–The Executive Secretary of the East African Health Research Commission (EAHRC), Professor Gibson Kibiki, has decried the high number of East Africans going to India to seek medical services which can be accessed in hospitals in the region. Prof. Kibiki attributed the huge exodus of patients to India to the lack […]
BY EABW REPORTER ARUSHA, Tanzania–East African Court of Justice, has llowed Amendment of an application for the Basajjabalaba seeking to restrain the Government from summoning them for investigation over a criminal case. As the Court resumed its sessions this week, the First Instance Division on Tuesday, 5th June, 2018 allowed the Applicant, Mr. Hassan Basajjabalaba […]