Growth in the five East African Community Partner States—Burundi, Kenya, Rwanda, Tanzania, and Uganda—has been robust but uneven, with millions of people left behind in poverty. Women, youth, smallholder farmers, and the poor are not fully represented in policy making or implementation nor integrated into the wider economic community. The East Africa Trade and Investment Hub is the U.S. Government’s flagship project.... Read more »

Posted on : Wednesday , 21st October 2015

A GERMAN business delegation led by the head of the German African Business Association, Christoph Kannengiesser, is visiting Zimbabwe on a three day mission beginning Monday October 19, 2015.   According to a statement released by the Germany embassy in Harare, the program of the visit comprises meetings with government representatives, a business roundtable and a workshop focusing on doing business in Zimbabwe.   The German.... Read more »

Posted on : Tuesday , 20th October 2015

 President Muhammadu Buhari in Paris assured French investors of his administration's commitment to provide a suitable business environment that would boost economic activities and create jobs for the youth.   News Agency of Nigeria (NAN) reports that Buhari gave the assurance at a gathering of investors at the France-Nigeria Business Forum held at the headquarters of the French Business Confederation in.... Read more »

Posted on : Tuesday , 20th October 2015

 By challenging investors to look beyond the country’s borders, Kenya’s Ambassador to the Democratic Republic of Congo, Dr George Masafu, set an example that other envoys could follow for the benefit of the people who are paying their salaries and allowances that allow them to live like royalty. Dr Masafu also challenged Kenyan teachers and lecturers to go beyond demonstrating in the streets for higher pay and consider studying.... Read more »

Posted on : Tuesday , 20th October 2015

 The British government has pledged to support Nigeria's effort towards ensuring stability and development with a commitment worth N65 billion.   The country's minister for Africa, Grant Shapps, said on arrival in Abuja on his maiden visit to Nigeria that the two countries would work together to increase the nation's prosperity in the areas of trade and security.   He said the UK government would provide a comprehensive.... Read more »

Posted on : Friday , 16th October 2015

International Affairs Director General with Austrian Foreign Affairs Ministry Alexander Marschik said that Austria wants to strengthen bilateral relations with Ethiopia especially in the area of trade, investment and security.   The Director General so stated during talks with Ethiopia Foreign Affairs State Minister Ambassador Berhane Gebre-Kristos here yesterday.   Alexander Marschik said that he has discussed with the State.... Read more »

Posted on : Friday , 16th October 2015

Uganda is the most improved economy in the East African region in terms of creating a conducive environment for trade and investment, according to the latest Global Competitiveness ranking.   Uganda, which ranked 115 (from 122 last year) of the 144 economies surveyed globally, was followed by Rwanda, whose economy improved from position 62 last year to 58, while Tanzania moved one position to rank 120 globally.   Although Burundi.... Read more »

Posted on : Thursday , 15th October 2015

 There are still opportunities for Public Private Partnerships (PPPs) in the country, says Mr Andre Kruger, the Public Private Partnership financing specialist of Barclays Africa.   He said government had created a conducive environment by adopting the PPPs policy in 2009. Mr Kruger was speaking at a Barclays Bank PPPs workshop at Cresta Marang Hotel recently.   He said PPPs would help ease pressure on the national.... Read more »

Posted on : Thursday , 15th October 2015

 Nairobi — Kenyan and Norwegian investors had discussions on a wide range of potential fields for joint trade and investment engagements recently writes KENNEDY ABWAO.   The Norwegian firms were asked to consider increasing their presence in the region to capitalize on a new market of 600 million people.   Norwegian Minister for Trade and Industry Monica Maeland said to bolster the trade ties between her country and.... Read more »

Posted on : Wednesday , 14th October 2015

 KENYA'S investments in Tanzania have reached 1.685 million US dollars in 518 projects creating 55,762 jobs. The Executive Director of Tanzania Investment Centre, Juliet Kairuki, revealed this in Nairobi recently in Tanzania-Kenya business forum during an official state visit of President Jakaya Kikwete to Kenya.   Juliet Kairuki said, the forum was organized by Kenya Ministry of Foreign Affairs and International Trade, Kenya.... Read more »

Posted on : Wednesday , 14th October 2015

 Uganda is the most improved economy in the East African region in terms of creating a conducive environment for trade and investment, according to the latest Global Competitiveness ranking.   Uganda, which ranked 115 (from 122 last year) of the 144 economies surveyed globally, was followed by Rwanda, whose economy improved from position 62 last year to 58, while Tanzania moved one position to rank 120 globally.   Although.... Read more »

Posted on : Wednesday , 14th October 2015

Foreign Direct investment (FDI) in East Africa grew by 11 percent between 2013 and 2014 buoyed by regional integration, an economic insight reveals. The report released by the Institute of Chartered Accountants in England and Wales (ICAEW) received in Nairobi attributes surge in FDI in the region to efforts for closer regional integration in the East African Community (EAC), which has involved harmonizing investment regulations across the.... Read more »

Posted on : Wednesday , 14th October 2015