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Malawi needs a vibrant private sector to help create jobs and recover from the Covid-19 pandemic by reforming and attracting investment in key sectors, the World Bank and the International Finance Corporation (IFC) have said. In its Country Private Sector Diagnostic (CPSD), bank notes that the energy, the digital infrastructure and services, transport and logistics, […]
The number of countries that ratified the African Continental Free Trade Area (AfCFTA) agreement has increased to 40 with the recent ratification of Zambia, Malawi, Algeria and Burundi, a top official told reporters on Friday, July 9. Secretary-General Wamkele Mene was addressing his second quarterly press briefing. He noted that the DR Congo, Seychelles and […]
In Summary Desai says promoting business activities is one of the government’s key agendas as far as the EAC trade is concerned. The PS said there is need to sensitize the traders on the relevant standard cross borders legislation and policies. Kenya is seeking to strengthen its relationship with the East African communities to promote […]
Achieving African integration is not an end in itself. The purpose must be to offer the African citizenry prosperity and security. The objective of both regional and continental integration must enable African countries benefit from economies of scale, trade amongst themselves, move freely across the continent and most importantly, benefit from the common goals of […]
TradeMark Africa (TMA) and the Agence Française de Développement (AFD), signed this afternoon a €29.9 million (approx. USD 35.5 million) grant agreement to contribute to more sustainable and inclusive regional economic integration in the Horn of Africa. The funding comes from the European Union, who delegated it to AFD via a €32 million total financing […]
United Kingdom High Commissioner to Tanzania David William Concar has visited the East African Business Council (EABC) Offices in Arusha. EABC is the regional apex body of private sector associations and Corporates from the 6 East African countries which was established in 1997 to foster the interests of the private sector in the integration process […]
WTO members had a first exchange on 11 June on how to monitor Aid for Trade ahead of next year’s Global Review. The discussions at the Committee on Trade and Development were informed by a 10 June workshop on the circular economy. The committee also received updates from donors, international organizations and South-South partners on […]
Global Britain should look towards supporting the development of Africa’s digital landscape, argue Pauline Girma and Oona Palmer (LSE). In this post, they explain that given that seven of the ten fastest-growing internet populations are located in Africa, and that it is home to what is the youngest population in the world, the future growth […]
Lusaka MALAWI will have access to immense opportunities in the post-COVID-19 environment despite the accompanying challenges the period will pose, says Stephen Karingi, Director of the Regional Integration and Trade Division of the Economic Commission for Africa (ECA). Mr Karingi was speaking on Friday at the end of a series of workshops to review and […]
THERE is light at the end of the tunnel for businesses across the East African region, as the East African Community (EAC) decides to revamp the EAC Private Sector Desk. The action means that businesses across the EAC region will benefit from prompt resolution of persistent trade barriers and disputes as the desk will serve […]
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