Burundi Receives $796K for Agricultural Revitalization
The U.S. Embassy in Burundi has announced new funding of USD $796,000 to revitalize the country’s agricultural sector and empower local farmers.
The funding will support a five-year initiative, “Resilient Food Systems and Improved Local Sourcing through Private Sector-Led Market Access for Job Creation,” which is part of the U.S. Agency for International Development’s...
Empowering Africa’s Youth: Ndayishimiye Leads Peace Initiatives
Burundi President Evariste Ndayishimiye opened the 3rd Edition of the Continental Dialogue on Youth, Peace, and Security, emphasizing the crucial role of education and skills development in empowering Africa's youth.
The theme of this year's dialogue, "Strengthening the capacities of African youth for peace, education and enhanced coordination as catalysts for the implementation of...
Dar City Triumphs Over KPA, While Remesha Dominates in All-Burundi Clash at EABCC
In an exciting Day 2 of the inaugural East Africa Basketball Championship Cup (EABCC), Dar City secured a thrilling 69-65 victory over
Reinvigorated global efforts needed to curb rising malaria threat
New data from the World Health Organization (WHO) reveal
Burundi President Replaces Finance Minister
Burundi President Evariste Ndayishimiye has appointed Ntahontuye Nestor as the country's new Minister of Finance, replacing Audace Niyonzoma, who had held the position since 2022.
The appointment was made through a presidential decree issued earlier this week. Nestor, a member of parliament representing the Ruyigi constituency, previously served as the Chairman of the Finance...
Companies Recognized for Excellence in Quality Standards During EAC Regional Quality Awards 2024
The second edition of the East African Community (EAC) Regional Quality Awards was held on 5th December in Kampala, Uganda, recognizing companies across the region for their outstanding commitment to quality standards.
The ceremony highlighted the importance of quality practices in fostering business growth and contributing to sustainable development within East Africa.
EAC Approves $802K for Lake Victoria Commission HQ Completion
The East African Community (EAC) Council of Ministers has approved an additional USD 802,126 for the completion of the new Lake Victoria Basin Commission (LVBC) headquarters in Kisumu, Kenya. The decision was made during the 46th Ordinary Council of Ministers meeting held in Arusha, Tanzania, from November 23 to 28, 2024.
EAC Secretary General,...
Empowering Youth for Peace: AU’s 3rd Continental Dialogue 2024
The African Union (AU) is set to convene the 3rd edition of the Continental Dialogue on Youth, Peace, and Security in Bujumbura, Burundi, on December 12-13, 2024. This year’s event will focus on the theme: “Empowering African Youth for Peace: Education and Enhanced Coordination as a Catalyst for the Implementation of the Continental Youth, Peace and Security...
Burundi’s Vision 2040-2060: A Gateway for Global Investors
The 'Palais des Congrès' in Bujumbura is hosting a major gathering of international investors and development partners this week, with Burundi’s government highlighting the country’s potential for economic growth and its ambitious Vision 2040-2060 plan.
President Evariste Ndayishimiye welcomed the investors and partners, presenting Burundi as a land rich in natural resources and opportunities....
Record Debt Servicing Costs in Developing Nations
In 2023, developing countries spent a record $1.4 trillion to service their foreign debt, as interest payments reached their highest level in two decades, according to the World Bank’s latest International Debt Report.
The sharp rise in debt servicing costs, fueled by global interest rate hikes, has put significant pressure on government budgets, particularly...