News Tag: Burundi

African Union commences issuance of the African passport

The African Union (AU) said on Saturday it has started the process of issuing the continent’s passport. Kenya’s Cabinet Secretary in the Ministry of Foreign Affairs and International Trade Amina Mohamed told a briefing in Nairobi that African ministers of foreign Affairs have began filling in the forms for the Africa passport which will be issued at the AU summit in July. “I have the honor to inform you that in line with the decisions of the AU Summit of Heads of State and Government to facilitate free movement throughout the continent, through the creation of African Passport for Heads of States and Ministers, the issuance process commenced on Friday,” Mohamed said on the sidelines of the Fourth AU Executive Council Retreat. This is the first time the retreat is being held in Kenya as previous ones were hosted by South Africa and Ethiopia. African Passport holders should receive a 30 day visa on arrival at all AU member states. Mohamed said that regional economic blocs such as the East African Community have already introduced regional passport to ease travel within the blocs. “The African passport will build on the success achieved by the trading blocs and help to achieve the dream of free movement of Africans across the continent,” she said. The CS noted that the continental passport will help to speed up the process of establishment of the Africa Economic Community. “It will also boost intra-Africa trade that is below the level of other continents,” she added. Source:...

Economic integration is helping boost trade and investment in Africa

While Europe is on the verge of breaking up, Africa is reaping the benefits of integrating, growing and developing its trading blocks The collapse of virtual borders is one of the most remarkable things to have happened in our lifetimes. In the world of cyberspace, time and distance have become almost peripheral considerations when it comes to doing business. Services from software development to accounting can be delivered across the world in the blink of an eye. Future business leaders will struggle to imagine an era when communication was neither immediate nor virtually free. But in the physical world, integration between and even within countries has happened at a much slower pace. In some regions, high freight costs are made worse by antiquated working practices, such as demanding cash deposits of $1,000 to $5,000 instead of accepting insurance. At too many borders, goods still hang around and wait needlessly, raising costs and hurting business competitiveness. There are plenty of successful examples of regional economic integration, from Europe’s single market to, increasingly, the East African Community (EAC), the fastest growing bloc on the African continent. But for every success there is a graveyard of stalled or stunted regional initiatives to remove barriers to trade and investment. This is unfortunate, because for many smaller economies, especially landlocked ones, regional integration is not a policy option, it’s a necessity. Building trade blocs with neighbouring countries can help small countries to get access to ports. It can help them achieve economies of scale, facilitate...

Editorial: WEF Africa will raise Single Visa status

It probable that among the 1,200 visitors due in Kigali for the World Economic Forum for Africa (WEF 2016) this week, many will be surprised that they can hop over to either Kenya or Uganda using the same visa. The visa goes for only $100 and more convenient than before when one had to tackle each country’s immigration singularly. Now with the one visa, it allows access to the three countries for up to 90 days. The visa can be bought at the point of entry into any of these countries. For those who are interested in visiting one of the East African countries only, the fee will remain at $50 for Uganda and Kenya, and $30 for Rwanda. This is a great opportunity to tout the merits of the East African Single Visa launched two years ago and currently incorporating Kenya, Rwanda and Uganda. Burundi and Tanzania have more than once indicated a strong interest to join the club. The East African Community (EAC) sees itself moving towards a common agenda and by showing visitors the convenience of the Single Visa, they may just become more intrigued into investing in the region. If not right way, but at least take the time to go out and look about for opportunities. However even if their sole aim is to relax after the Forum, the tourism receipts will be much appreciated. Hosting international conferences is a very serious business. A host of cities around the world including Las Vegas, Vienna, Geneva,...

Ideas sought for lifting EAC transport

TradeMake East Africa (TMA) through the Logistics Innovation for Trade (LIFT), a development finance instrument that provides grant finance for innovative business projects proposed by the private sector operating in the transport and logistics sector in East African, has secured $7.6 million for Round 2 funding. In an interview DAVID MITCHELL, LIFT Fund Manager tells Sam Okwakol, how and what one needs to do in order to benefit from the Fund.  QUESTION: Briefly explain, what LIFT is to an ordinary reader? ANSWER: LIFT is a challenge fund that rewards innovation ideas/project in the logistics and transport sector within the East African Community with grant funding. LIFT funds innovative logistics projects (not companies) ideas that provide sustainable solutions with measurable socio-economic impacts. Funds are provided by means of grants, matching applicants funding up to $1 million (LIFT contribution) per project. Why did you choose this approach in implementing LIFT? This is a historic idea which has been used successfully in different parts of the world. We have adopted it to harness the potential and energies of individuals in the private sector to derive solutions that can reduce the logistical and transport challenges facing the region. East Africa has well educated people with good ideas, can do research and most of all care about the development of their countries. Therefore capturing their potential will help us find solutions to reduce transit time and transport cost challenges faced by the logistical and transport sector, while at the same time helping in reducing the...

AU rolls out continental passport

NAIROBI.- The African Union (AU) said on Saturday it has started the process of issuing the continent’s passport. Kenya’s Cabinet Secretary in the Ministry of Foreign Affairs and International Trade Amina Mohamed told a briefing in Nairobi that African Ministers of Foreign Affairs have began filling in the forms for the Africa passport, which will be issued at the AU summit in July. “I have the honour to inform you that in line with the decisions of the AU Summit of Heads of State and Government to facilitate free movement throughout the continent, through the creation of (an) African passport for heads of states and ministers, the issuance process commenced on Friday,” Mohamed said on the sidelines of the Fourth AU Executive Council Retreat. This is the first time the retreat is being held in Kenya as previous ones were hosted by South Africa and Ethiopia. African passport holders should receive a 30-day visa on arrival at all airports in AU member states. Mohamed said that regional economic blocs such as the East African Community have already introduced a regional passport to ease travel within the blocs. “The African passport will build on the success achieved by the trading blocs and help to achieve the dream of free movement of Africans across the continent,” she said. The cabinet ecretary noted that the continental passport will help to speed up the process of establishment of the Africa Economic Community. “It will also boost intra-Africa trade that is below the level of other continents,”...

Trade begins at home

African countries can boost growth by cutting tariffs and removing "soft" barriers to trade, while still supporting their industries without completely protecting them. Imagine you are a Malaysian truck driver. In the back of your truck is a big cargo of stinking durian fruit. The Singaporean border heaves into view. What will happen? Will you pull over and fill out some paperwork? Wait around to get the documents stamped – hours spent in the sun – with your precious durian rotting in the back? Of course not. Africa needs to realise that its future lies within the continent You whip out your smartphone and send your pre-filled cargo passage form. It is immediately routed through the relevant ministries in Singapore. The authorities e-stamp the form and send it back to your smartphone. Beep. Job done. No need to stop. You don't even need to slow down. Welcome to Singapore. The benefits of frictionless trading with neighbours seem clear. The farmer buys more inputs with the money saved on transporters, and the consumer gets fruit cheaper, allowing him to spend more on other items and boost the economy. The trucker also has more time to carry other loads. Africa is not quite there yet, and border crossings often involve waiting. Of Africa's total trade, just 11% of it is done within Africa, compared to 50% intraregional trade in developing Asia and 70% in Europe. The world economy is going through a period of slower growth, just as tens of millions of young Africans...

World Bank to assist EAC states achieve full integration

The World Bank has assured it will work with the East African Community (EAC) partner states to help the economic community achieve full integration. The World Bank programme Manager for South Sudan, Jean Lubega-Kyazze told Xinhua in Nairobi that the project will begin before the end of 2016 and will take three years to complete. She explained that the project aims at helping the EAC overcome the constraints that have prevented full implementation of the EAC Common Market protocol. “We have identified the constraints that each country needs to overcome in order for the EAC to be fully integrated. Each country is unique and therefore has different constraints,” she added. According to the financial institution, regional integration holds a lot of promise for the partner states. “It will create a seamless market for goods produced in each member state,” Lubega said. The programme manager observed that one of the key constraints to full integration is the lack of integration of regional policies into national policies. “So national policies don’t reflect what has been agreed upon at the EAC level and it is common to find cases where national policies don’t include positions reached upon at the regional level,” she added. EAC Common Market Protocol was signed in 2010 but the trading block is yet to fully liberalize the free movement of goods, services and labour. EAC member states include Kenya, Uganda, Tanzania, Rwanda, South Sudan and Burundi. Source: Africa News

EAC and EU Finalise Trade Negotiations

Ugandan goods just got a whole new playground on the European market after the East African Community and the European Union ended negotiations on the Economic Partnership Agreement (EPA) after more than a decade of talks. Kristian Schmidt, the head of delegation of the Europe Union in Uganda, says EPA is about to enter into force and that, when it does, the conditions to trade and invest will be easier for the countries in the EAC region and those in the EU. “The trade negotiators have done their duty. The European markets are open to East Africa business community,” he said recently. “Exports originating from Uganda and the entire EAC will enter the market of all EU member states without paying customs duties and without limitation in quantities, for an indefinite time.” Schmidt was addressing a press conference organized by the European Business Forum (EBF), which was intended to announce the forthcoming European Business Expo and Food festival to be held in Kampala starting today, May 6. Schmidt added: “So, this leaves the door open for any company operating in Uganda to export freely; no customs duty to an integrated, single market of 28 European countries, with 508 million consumers with considerable purchasing power.” According to Schmidt, Uganda and EAC partner states have committed to partially and gradually reduce, and eliminate, customs duties on selected imports originating from the EU. “That means EAC operators can import from Europe more strategically. They will be allowed to buy duty-free, thereby at a...

East Africa: Envoy Launches EAC Integration Run

Kampala — Tanzanian High Commissioner Ladislaus Komba has launched the registration of participants in the Afrika Mashariki Fest (AMF) half marathon, which will take place on May 29. The run will start and end at Kololo Independence Grounds. While addressing the press after the launch on Sunday at Nakumatt Acacia Mall in Kololo, Kampala, Dr Komba, who signed up for the 10km run, said the launch was meant to inaugurate the half marathon for the Afrika Masariki Fest initiated by the youth to promote the East African Community (EAC) integration. "The aim is to promote awareness, understanding and support our leaders in the integration process and to me, any process that is aimed towards the integration of our countries is welcome and I am proud to be part of it," he said. Dr Komba further said the Afrika Mashariki Fest (AMF) initiative is also intended to promote youth development and job opportunities and will also focus on protection and conservation of Lake Victoria, the region's largest water body. The AMF chief executive, Mr Kisembo Ronex Tendo, while addressing the press at the launch, said the event is a non-partisan voluntary youth platform that seeks to promote the regional integration of the six EAC member states. "We, therefore, seek to engage them across the region to embrace the EAC integration process through art, sports and civil society advocacy as our platforms," he said. Key athletes invited He said the run is expected to involve elite athletes with 10 from Addis Ababa,...

East Africa: Prepare for Changes, EAC Boss Tells Staff

Arusha — East African Community (EAC) is facing a precarious financial situation and the new secretary general, Mr Liberat Mfumukeko, has put workers at the headquarters on notice, telling them to get ready for drastic changes. Speaking at a welcoming party organised at an Arusha hotel last week, Mr Mfumukeko said owing to the alarming financial state the regional body was going through, he was forced to take radical changes for the organ to survive. He made it clear that the EAC secretariat was operating on a shoestring budget because its donors, who accounted for about 70 per cent of its budget, had lagged behind in fulfilling their promises by at least 30 per cent. Though he is generally regarded as a less talkative person, the maiden speech the newly appointed East African Community (EAC) Secretary General gave painted him as a no nonsense person geared towards bringing much-needed changes on the way the EAC Secretariat and the community in general operates. Among major priorities, Mr Mfumukeko said he would concentrate on and push for full implementation of protocols and agreements signed or ratified by the EAC partner states, specifically the Customs Union, the Common Market and the East African Monetary Union protocols. He also made it clear that he favoured fast-tracking the integration of South Sudan, a new member of the bloc, into activities, programmes and projects of the EAC. At the same time, he said during his welcoming party by the staff of the community that he would...