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The COVID-19 pandemic is disrupting Africa’s development trajectory. It is exacting a substantial socio-economic toll and putting the survival of half of the continent’s micro, small and medium-sized enterprises (MSMEs) at risk. Four in five African businesses are witnessing a dramatic reduction in sales. As African countries restart their economies and phase out COVID-19 restrictions, […]
Senior diplomat and development professional, former United Kingdom High Commissioner, adviser at World Bank and IMF boards to lead one of the world’s largest Aid for Trade institutions Nairobi, August 31, 2022: Mr. David Beer has been appointed the new Chief Executive Officer (CEO) for TradeMark East Africa (TMEA), and succeeds Mr. Frank Matsaert, TMEA’s […]
Senior diplomat and development professional, former United Kingdom High Commissioner, adviser at World Bank and IMF boards to lead one of the world’s largest Aid for Trade institutions Nairobi, August 31, 2022: Mr. David Beer has been appointed the new Chief Executive Officer (CEO) for TradeMark Africa (TMA), and succeeds Mr. Frank Matsaert, TMA’s founding […]
THE government has crowned the key driver of the multi-million-dollar horticulture industry, Tanzania Horticultural Association (TAHA), with the highest prize in agriculture in 2022 for its exemplary work on the sector. “TAHA has been awarded as the national winner on the NGOs category in the Nane-Nane agricultural show competition after outshining other private players in […]
What you need to know: A World Bank study report published last year shows MSMEs—better known as SMEs—account for 95 per cent of firms in most countries. A recent IMF study found a whopping 70 per cent of SMEs fail within the first three years, or 23.3 percent-per-year attrition of the initial investment. SMEs in […]
President Joe Biden’s administration is seeking views from American and Kenyan firms on the proposed fresh free trade window as it lays grounds for a new pact. The call follows fresh trade talks Washington opened with Nairobi in July. The United States Trade Representative Office (USTR), which has been spearheading the talks, said comments […]
Trade between Commonwealth member states has been growing exponentially, with intra-commonwealth trade expected to surpass $700B in 2022 .The Commonwealth has been a part of the development of AfCFTA since inception, and has remained steadfast in its commitment to work with African countries, in strengthening and deepening their national and institutional capacity, together with developing […]
Digitalization brings new opportunities in trade and creates the potential to underpin resilience in times of crisis The digital transformation of customs and borders in Africa could improve efficiencies in processes and yield trade gains on the continent of US$20 billion a year Single Window can cross-check credentials for consistency and traceability, reducing errors and fraud […]
Six British nationals based in Kenya are among 1,134 recipients of Queen Elizabeth’s birthday honours for their contributions to public life, including TradeMark Africa chief executive Frank Matsaert. The awards were given ahead of the Queen’s platinum jubilee celebrations as she marks 70 years on the throne in a four-day fete in the UK, which […]
East African Community Headquarters, Arusha, Tanzania, 2nd June, 2022: The East African Community (EAC) has tabled before the East African Legislative Assembly (EALA) the budget estimates for the 2022/2023 Financial Year totaling US$91,579,215. Presenting the speech before the Assembly, the Chairperson of the Council of Ministers and Kenya’s Cabinet Secretary for EAC and Regional Development, […]
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