News Categories: Rwanda News

DP world – Rwanda: striving for development of local communities

Establish a participatory management system by integrating local populations into the economic development process. This is the Rwandan government’s strategy on the KPL: the logistics platform of Kigali, one of the largest dry ports in Africa with a total area of 30 hectares The first phase of the infrastructure, estimated at US$35 million, was entirely financed by the global logistics giant, Dubai Port world, for a 20-year concession. The facility is equipped with high-tech equipment and bases its strategy on innovation and transparency. “What we have is the different gateways and it allows the customers as to where the product is and how much time it will take to get here. It gives them a chance to prepare finances that are going to be needed for clearing and it also prepare them to go out to the market and say the products will be here shortly. If they have their samples they can start distributing the samples so that when the products comes you should have a sale base ready for the sales of that cargo that is incoming,” explained Dion Thompson, Chief Operating Officer at DP World. The terminal located in Masaka, 20 kilometres from Kigali, contributes to the economic development of the country, with nearly 700 direct and indirect jobs created within the structure, which also welcomes students from all over the country, as well as foreigners. DP World and the Rwandan government aim to further include local communities in this development, by financing development projects that will...

Freight forwarders move to establish self-regulatory body

Regional clearing and freight forwarding firms are seeking to improve the professionalism of their operations through a model bill on clearing and freight forwarders industry in the East African Community region. This comes at a time, when there is need to promote economic diversification and industrialisation by linking economies and a need for a strong and organised customs clearing and freight forwarding community in the region. The bill was developed through an initiative by the Federation of East African Freight Forwarders Associations (FEAFFA), in partnership with the revenue authorities and Japan International Co-operation Agency. (JICA). Under the lead of the Federation of East African Freight Forwarders Association (FEAFA), a model bill on self-regulation was initiated and developed in collaboration with various stakeholders to overcome challenges that are hindering the industry. According to Fred Seka, president of FEAFFA, even though the industry has been championing professionalism through a number of activities such as training, code of conduct, regional accreditation framework, among others, there is need to self-regulate the industry. “Self-regulation is all about regulation of the professionals involved in customs agents and freight forwarders. As we all know, some challenges can’t be solved without having a specific legal framework put in place.” Clement Bukulu, the chairman, Rwanda Freight Forwarders Association also added that, the draft law (self-regulation) is an important mechanism for governing industry practises with multiple benefits all stakeholders and shareholders. “Establishment of mutual recognition arrangements in the East African Community region, enhancing professionalism, quick support and advocacy, enhancing trust...

Africa should focus on industrialisation. Free trade will follow

The African Continental Free Trade Area is a continental agreement which came into force in May 2019. It covers trade in goods and services, investment, intellectual property rights and competition policy. Of the 55 African Union member states, only Eritrea has yet to sign it. The immediate objective of the free trade area is principally to boost trade within Africa by eliminating up to 90% of the tariffs on goods and reducing non-tariff barriers to trade. In 2017, the exports and imports between African countries represented only 16.6% of Africa’s total exports. This figure is low compared with exports within other regions: 68.1% in Europe, 59.4% in Asia, and 55.0% in America. Proponents of the free trade area say that increasing intra-Africa trade will provide larger markets for African producers and encourage manufacturing. It will also help achieve a better connection between production and consumption. The United Nations Conference on Trade and Development argues that the phase of transition to the free trade area alone could boost intra-African trade by 33% and increase manufacturing in Africa. This line of argument is that free trade leads to industrialisation and structural change. But in my view it works the other way round: industrialisation leads to free trade. Industrialisation should come first Low intra-Africa trade is indeed an indication that African countries do not consume what they produce. But this is a problem of production (product focus), not trade. The export products of most African countries, which follow the colonial pattern, influence the...

COMESA, EAC And ECOWAS Launch Platform For Women In Business

A digital platform specifically designed to address the information needs of women in business and connect them via a custom-built social networking tool was launched over the weekend in Kigali, Rwanda. The platform, known as 50 Million African Women Speak, was unveiled during the Global Gender Summit in the Rwandan capital. It primarily seeks to help economically empower women by providing a one-stop-shop for a wide range of financial and non-financial services that women need to start and grow successful businesses. The initiative which is accessible at www.womenconnect.org is implemented by the Common Market for Eastern and Southern Africa (COMESA), East African Community (EAC) and the Economic Community of West African States (ECOWAS). It will allow women in 38 African countries to find information on running businesses, accessing financial services, create business opportunities online and access training resources, ultimately contributing to their economic empowerment. “I certainly believe that the creation of this platform is a very practical way of speaking to the general agenda of empowering women. I think a lot has been said and now we have come to a stage where we have practical initiatives such as this one,” said COMESA Secretary General Chileshe Kapwepwe. Through a robust social networking functionality that has been embedded in the platform, women will have opportunities for peer-to-peer learning, mentoring and sharing information and knowledge, connecting via the web-based platform or through the 50 Million African Women Speak mobile app. The platform is touted as having the potential to unleash a dynamic...

High level investment summit to mark 20 years of EAC integration

As the East African Community (EAC) Marks 20 years of regional integration, the East African Business Council has organized a high level business and investment summit. Slated for November 28th and 29th this year, the meeting is intended to discuss wys of making East Africa a leading trade and investment destination and how to increase intra EAC trade. This year, EAC is celebrating 20 years since its revival, marking the signing of the Treaty for the Establishment of the East African Community which was signed on 30th November 1999. EAC is one of Africa’s fastest-growing regional blocs that registered an economic growth of 5.7 percent in 2018. “While we have achieved many milestones, such as the establishment of the Single Customs Territory and One-Stop Border Posts (OSBP), which have eased the free movement of persons and goods and facilitated trade, there are still several challenges to be addressed, including reducing Non-Tariff Barriers (NTBs), protectionist tendencies by Partner States, and delays in harmonization and domestication of EAC-agreed decisions and directives.” A statement from EABC reads in part. The Business Summit will discuss and address some of the challenges hindering businesses to thrive. According to Article 7 of the Treaty for the Establishment of the EAC states on people-centered and market-driven cooperation as a principle to govern practical achievements of the objectives of the EAC integration process. Article 128 emphasizes on strengthening of the Private Sector as a key partner in the EAC integration. But the question is:  How do we make business the top agenda for the...

Enthusiasm for regional integration, as ECA and Trademark East Africa conduct national forum on the AfCFTA

The UN Economic Commission for Africa (ECA) and Trademark East Africa (TMA) launched the National impact assessment report that presented the effects of the African Continental Free Trade Area (AfCFTA) on Uganda, during a national AfCFTA stakeholder consultation meeting on 31 October 2019. Emphasizing that regional platforms are “the way to go” for developing countries to overcome trade challenges, the Minister for Trade, Industry and Cooperatives; Amelia Kyambadde, used her opening statement as an opportunity to applaud the ECA/TMA partnership in supporting regional integration in Eastern Africa. Addressing key players from Government, civil society, academia and private sector, she suggested that the AfCFTA is an instrument for harvesting Africa’s many prospects, saying: “I see more opportunities in Africa than any other continent in the next ten years. AfCFTA is the way to go. I foresee interconnectivity, industrial growth, competition, entrepreneurial development, improved negotiation as a region, regional value chains, standards, and an opportunity to improve future negotiations”.  The Minister deemed the AfCFTA well aligned with Government priorities of transfoming Uganda into a developed economy through building productive capacity and market integration.  Having given credit to the crucial role Uganda played as chief negotiator and champion during the AfCFTA negotiations, the Minister gladly reaffirmed the Government’s commitment to the implementation of the agreement, which will be supported through various trade promotion and capacity enhacement programs.  What the AfCFTA means to Uganda  Uganda’s enthusiasm for AfCFTA is well founded. The forum proceeded to present an Impact Assessment Report, set out by Andrew...

AU, Trademark East Africa Agree To Work Together To Boost Intra-African Trade

TradeMark Africa has signed a partnership with African Union aimed at boosting intra-African trade and realisation of the ambitious Africa Continental Free Trade Area. The agreement was signed by Amb. Albert Muchanga, Commissioner for Trade and Industry, AU and Amb. Erastus Mwencha, TradeMark EA Board Chair and Frank Matsaert, CEO, TradeMark EA. Commenting about the development, Muchanga said, “AU is indeed excited to work with TMA, renowned organisation that has implemented successful trade facilitation programmes in East Africa. We want to complement our efforts in implementing the ambitious boosting intra African trade programme, leverage TMAs experience and ensure similar trade facilitation initiatives are implemented to boost trade and prosperity for the people in this region.” On his part,  Mwencha said: “This partnership with the African Union is an important milestone and embodies our vision for a prosperous Eastern Africa. TMA can help fast-track implementation of the AfCFTA by supporting the African Union (AU) programme for Boosting Intra-African Trade (BIAT). By implementing quick win measures to ‘thin’ borders and reduce the cost and time to trade along key corridors, TMA will help keep momentum going for this ambitious initiative to be realised, while countries are involved in the longer-term exercise of negotiating trade and tariff regimes.” TMA’s operations across eight countries, working with government, private sector and civil society to address high trade costs in Eastern Africa and support export growth, is well-positioned to support the African Union on its vision for an Integrated, Prosperous and Peaceful Africa, driven by its...

AU, TradeMark EA sign partnership to boost intra-African trade and Continental Free Trade Area

Our Reporter. The African Union (AU) has signed a partnership with TradeMark Africa (TMA) aimed at boosting intra-African trade and fast-tracking the realization of the Africa Continental Free Trade Area (AfCFTA) ) in selected Southern and Eastern Africa countries – Uganda, Kenya, Tanzania, Rwanda, Burundi, South Sudan, Ethiopia, DRC, Zambia, Malawi, and Mozambique . The agreement was signed in Addis Ababa this week by Amb. Albert Muchanga – the AU Commissioner for Trade and Industry, Amb. Erastus Mwencha – the TradeMark EA Board Chair and Frank Matsaert – the TradeMark EA CEO. Speaking at the signing, Amb. Albert Muchanga – the AU Commissioner for Trade and Industry noted that the ‘AU is indeed excited to work with TMA; renowned organisation that has implemented successful trade facilitation programmes in East Africa.’ Amb. Albert Muchanga said; “We want to complement our efforts in implementing the ambitious boosting intra African trade programme, leverage TMAs experience and ensure similar trade facilitation initiatives are implemented to boost trade and prosperity for the people in this region.” On behalf of TradeMark Africa, board Chair, Amb. Erastus Mwencha said, “This partnership with the African Union is an important milestone and embodies our vision for a prosperous Eastern Africa. TMA can help fast-track implementation of the AfCFTA by supporting the African Union (AU) programme for Boosting Intra-African Trade (BIAT).” “By implementing quick win measures to ‘thin’ borders and reduce the cost and time to trade along key corridors, TMA will help keep momentum going for this ambitious initiative to...

Experts underscore the importance of AfCFTA awareness-raising

The AfCFTA Forum in Tanzania raised awareness about AfCFTA implementation, and demonstrated the value of doing so. Organised by the UN Economic Commission for Africa (ECA) and Trademark East Africa (TMA), the Tanzanian edition of the AfCFTA forum was held in Dar es Salaam on Tuesday 22 Oct 2019 and was attended by policymakers, private sector and the civil society representatives. John Ulanga, CEO of Trademark East Africa (TMA) in Tanzania,  emphasised the importance of that forum, underscoring the role of development partners like TMA and ECA in raising visibility and understanding of the AfCFTA. Andrew Mold, Acting Director of ECA in Eastern Africa, made a presentation highlighting the potential benefits of AfCFTA.  “The implementation of the AfCFTA could result in welfare gains amounting to USD 1.8 billion for Eastern Africa and creating 2 million new jobs”, said Mold. Participants at the meeting affirmed that increased awareness of AfCFTA in the country is very essential. They also noted that harmonising standards across the region would tackle the issues associated with non-tariff barriers, and this translates as more – and more fruitful – trade within and between East African countries. Infrastructure will also prove instrumental in reducing the cost of doing business in Tanzania, and therefore holds another key for unlocking the full potential of AfCFTA. Meanwhile, the role of informal trade was emphasised, with it emerging that participants were keen to understand how the AfCFTA could move people into formal work. This Forum held in Dar Es Salaam is one in a...