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Residents of East Africa will be the biggest beneficiaries of the African Continental Free Trade Area (AfCFTA), according to a new report published by the United Nations Economic Commission for Africa and TradeMark Africa. Economists predict that East Africa will receive up to Sh180 billion in welfare gains. Once the agreement rolls out in July, […]
Nairobi, 6 March 2010 (ECA)- The implementation of the African Continental Free Trade Area (AfCFTA) in Eastern Africa could result in welfare gains amounting to USD 1.8 billion for East Africa, boosting intra-African exports by more than USD 1.1 billion and creating more than 2 million new jobs, says a new report. This report, entitled: […]
The 3rd edition of the EurAfrican Forum to be held on July 2nd and 3rd in Cascais, Portugal will be gathering over 700 European and African key actors from more than 60 countries; 2020 edition will look for new opportunities for both continents as it unveils its theme In Search for a Common Ground; The […]
It is only four days short of a year since Rwanda closed its key crossing border point with Uganda at Katuna, the focal point of business transaction between the two countries. The communities along the common border are kinsmen and kinswomen, who use the border-crossing for day-to-day dealings. Closing the Katuna border meant the families […]
Uganda is hoping to increase the volume of trade with South Sudan following the completion and handover of the first phase of Nimule one stop border post (OSBP) to the Juba government. The Nimule OSPB will be managed by South Sudan customs officials and if operated as it should, there is no reason as to […]
By BusinessFocus Reporter TradeMark Africa (TMA) has handed over the recently completed Nimule One Stop Border Post (OSBP) to the Government of South Sudan aimed at further boosting trade between Uganda and South Sudan. The colourful handover held on Wednesday 6th February 2020 was officiated by Dr. James Wani Igga, Vice President of the Republic of […]
By The Independent Nimule, Uganda | THE INDEPENDENT | The One-Stop Border Post (OSBP) at Nimule international cross border town has been opened to boost efficient trade between Uganda and South Sudan. The US$ 5 million, approximately 18.3 million Uganda Shillings’ facility was on Thursday handed over to the Government of South Sudan by TradeMark Africa. It […]
HiPipo Reporter. “It is only those that have never experienced war that overlook the importance of peace,” Beca Cunnyua, an informal cross border trader at Nimule told our reporter when asked about the impact of the recent developments at the Uganda-South Sudan border. The trader was indeed spot on. Following the recent peace pact between […]
Rwanda Development Board (RDB) has awarded the best and emerging business at the seventh edition of the annual Rwanda Business Excellence Awards 2019. The colorful ceremony, held in Kigali yesterday, and highlighted Rwanda’s private sector investment growth, did not recognize any winner in the customer care sector but growth made by local companies and women in […]
1. Background TradeMark Africa’s (TMA) mission is to promote regional trade, economic integration and competitiveness in East Africa. The region faces significant long-term risks from climate change (CC) because the economies are highly dependent on climate sensitive sectors such as agriculture. This proposed Climate Change Strategy complements TMA’s Corporate Strategy 2018-2023 by building climate resilient […]