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Mombasa, 2nd March: A financial agreement worth €10.5 million between the Government of Finland and TradeMark Africa (TMA) was signed this morning, in Mombasa. The Government of Finland, represented by its Ambassador to Kenya H.E. Erik Lundberg, reiterated its commitment to supporting regional trade and the fight against COVID-19 pandemic in the East African region. […]
The government will continue engaging neighbouring countries, especially DR Congo, under bilateral and regional frameworks to ensure continued flow of cross border trade, especially after the initial Covid-19 induced border closures exempted only big trucks with transit goods. James Tayebwa, a cross-border trade policy specialist at the Ministry of Trade and Industry (MINICOM), noted this […]
Manufactured products remain key in driving Kenya’s long-term post-Covid recovery on trade, a report launched yesterday indicates, even as it paints a gloomy picture for commodity exports. Called ‘Waving or drowning– impact of the Covid-19 pandemic on East African trade, the report by TradeMark Africa, United Nations Economic Commission for Africa and African Economic Research Consortium, notes Kenya recorded strong performance in trade […]
East African Community (EAC) member states have been urged to continue ring-fencing crucial export sectors from lockdown measures because the pandemic is far from over. This advice is contained in a research report produced by the United Nations Economic Commission for Africa (UNECA), in partnership with TradeMark Africa (TMA) and African Economic Research Consortium (AERC) […]
When the COVID-19 pandemic crisis started; most people were extremely pessimistic. They thought that the the region would drown in terms of trade declining catastrophically. But in actual fact the the East Africa Community economies (Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda) have, by global standards, proven to be relatively resilient. The newly launched […]
ADDIS ABABA, Feb. 18 (Xinhua) — The East Africa Community (EAC) economies have proven to be relatively resilient in terms of the catastrophic impact of the COVID-19 pandemic despite greater need for economic diversification, according to a newly launched United Nations Economic Commission for Africa (UNECA) report. The newly launched joint report by UNECA, TradeMark […]
NAIROBI (IDN) — When the COVID-19 pandemic crisis started, most people were extremely pessimistic. They thought that the region would drown in terms of trade declining catastrophically. But a new report reveals that the East Africa Community economies — Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda — have, by global standards, proven to be […]
When the COVID-19 pandemic crisis started; most people were extremely pessimistic and predicted that the EAC region would drown in terms of trade declining catastrophically. But in fact, the East Africa Community economies (Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda) have, by global standards, proven to be relatively resilient. The newly launched joint report […]
Regional economies proved resilient but not yet out of the woods. Nairobi, Friday, 17 February 2021: TradeMark Africa (TMA), in partnership with the UN Economic Commission for Africa (UNECA) and African Economic Research Consortium (AERC), today launched a flagship report titled, “Waving or Drowning? The Impact of the COVID-19 Pandemic on East African Trade”. The […]
DENMARK has committed to support green trade and the fight against the Covid-19 pandemic in the East Africa Community (EAC) region. The funding will be channeled through TradeMark Africa (TMA), a leading Aid for Trade Organisation renowned for partnering with Eastern African governments to reduce barriers to trade, through automation and adoption of sustainable physical […]
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