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As part of efforts to build a more resilient regional economy largely depends on several factors. What specifically is under discussion here is the Economic Community of West African States (ECOWAS), and the strategic mechanism through which the region’s economy can be raised up to standard, taking cognizance of the fast growing population and its […]
THE East African Business Council (EABC) together with Afreximbank entered a strategic partnership aimed at fostering Intra-African trade and regional economic integration to maximise opportunities between the country members. According to a statement issued by EABC on Wednesday, the agreement will raise awareness among small and medium-sized enterprises (SMEs) especially the youth and women in […]
Realising the benefits and opportunities of the African Continental Free Trade Agreement (AfCFTA) requires proactive collaboration between all levels of government and businesses, says Director of Africa Bilateral Economic Trade at the Department of Trade, Industry and Competition, Calvin Phume. Phume was addressing the AfCFTA awareness workshop, which took place in Bloemfontein, in the Free […]
The Council of Ministers of the Economic Community of West African States (ECOWAS) endorsed a regional e-commerce strategy for the organization’s 15 member nations on 7 July. The strategy will boost e-commerce in West Africa through specific measures responding to the needs of ECOWAS, identified by UNCTAD’s recent eTrade readiness assessment for the region. “The newly endorsed […]
In Summary The exercise attracted condemnation with critics describing the order by Lands, Housing and Urban Development chief executive Peter Odima as ‘painful’. But the governor said restructuring of mainly Busia and Malaba towns aims at ensuring business is orderly while guaranteeing traders’ safety. Governor Paul Otuoma has denied claims that the ongoing reorganisation of […]
In Summary New market offers a safe business environment for cross-border traders in Busia The outbreak of the Covid-19 pandemic in 2020 took a huge toll on women traders A new market has been opened in Busia to facilitate business between traders in Kenya and Uganda. The Sh40 million market comes as a relief to […]
May 23, 2023 – Ottawa, Ontario – Global Affairs Canada The Government of Canada is committed to increasing and diversifying trade and investment opportunities with African partners as part of Canada’s overall export diversification strategy and to benefit both Africans and Canadians. Today, the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business […]
Arusha. The United States has pledged to support the private sector growth in East Africa and invested more than $ 40 million to the blue economy in Zanzibar. The commitment was made by the American ambassador to Tanzania Michael A. Battle during his visit to the East African Business Council (EABC) head office in Arusha […]
President Paul Kagame, on Tuesday, May 9, received Pamela Coke-Hamilton, Executive Director of the International Trade Centre (ITC), and her delegation for a discussion on trade, investment, and Africa’s position in the changing face of global trade. The ITC is a multilateral agency that has a joint mandate with the World Trade Organization and the […]
The European Union (EU) has invested GH¢75 million (€6.2 million) to help boost the competitiveness of the country’s exports on the international market. The investment, made in the last four years, focused on three main value chains which included cassava, fruits (mango and pineapple), cosmetics and personal care products. It was a contribution to the […]
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