Burundi liberalizes sugar importation
The Burundi government this Thursday August 8th 2024 released a statement liberalizing the importation of sugar in the country.
“The purpose of this order is to liberalize the sugar trade on the national territory. The price of locally produced or imported sugar is set according to the cost of production or the...
Burundi joins One Network Area
The East African Community (EAC) One Network Area (ONA) has now expanded after the entry of the of Burundi effective this month.
“Middle-Income Trap” Hinders Progress in 108 Developing Countries
More than 100 countries including China, India, Brazil, and South Africa—face serious obstacles that could hinder their efforts to become high-income countries in
“Middle-Income Trap” Hinders Progress in 108 Developing Countries
More than 100 countries including China, India, Brazil, and South Africa—face serious obstacles that could hinder their efforts to become high-income countries in
Burundi Senate passes annual budget of 3.9 trillion
The Burundi senate passed 3.9 trillion Burundian francs as the country’s annual budget for the financial year 2024-2025 an increase of 18 percent from financial year ending this July.
EAC Budget process stalls at the Regional Assembly
The East African Legislative Assembly (EALA) this Wednesday 26 June 2024 adjourned its seating for 24hrs after the regional ministers failed to show up during a seating in Arusha, Tanzania.
The East African Community Council of ministers which is chaired by South Sudan on Tuesday tabled $112 million as the budget for the East...
Kenya and Tanzania resolve poultry trade disputes
In a meeting held at the East African Community (EAC) headquarters in Arusha, Tanzania, Kenya and Tanzania have successfully addressed longstanding concerns regarding the export of poultry and poultry products between the two partner states.
The meeting which took place from 29th to 30th April, 2024 brought together veterinary authorities from both countries with...
NTBs to be reported via phones in Burundi
Burundi cross-border traders and officials will now start using a mobile application to report trade barriers.
The East African Community (EAC) Secretariat and TradeMark Africa’s (TMA) Burundi Programme conducted a two-day training on Non-Tarriff Barriers (NTBs) for Burundi’s cross border trade participants who included customs officials, border police, freight forwarders, clearing agents, and representatives...
World Bank: Connecting 300 million to electricity by 2030 in Africa
The World Bank Group and African Development Bank Group announced on Wednesday April 17th 2024 the partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.
In a press statement released by the World Bank, The World Bank Group will work to connect 250 million...
world’s 75 most vulnerable countries are facing a widening income gap
Despite their high potential to advance global prosperity, one-half of the world’s 75 most vulnerable countries are facing a widening income gap with the wealthiest economies for the first time in this century, a new World Bank report has found. Taking full advantage of their younger populations, their rich natural resources, and their abundant solar-energy potential can...