Kampala, Uganda | THE INDEPENDENT | Heads of State of the East African Community (EAC) are convening in Arusha this week for the 25th Ordinary Summit at a defining moment for one of Africa’s most ambitious regional blocs, a moment that will test whether rapid expansion can translate into deeper, …
Read More »Visa-free travel seen as key to unlocking AfCFTA growth
More than half of intra-African travel still requires visas before departure – slowing intra-continental trade Addis Ababa, Ethiopia | THE INDEPENDENT | African policymakers, business leaders, and development institutions have renewed calls for visa-free travel across the continent, describing the free movement of people as essential to unlocking Africa’s economic transformation …
Read More »Uganda’s dilemma on Sudan
Analysts say Museveni-Dagalo meeting has created ‘political normalisation of RSF’ Kampala, Uganda | IAN KATUSIIME | Uganda’s mediation role on Sudan, which has been locked in a civil war for almost three years, has caused consternation among those watching the conflict and hoping for a peaceful resolution. Last November, President …
Read More »EAC to convene 25th summit in Tanzania’s Arusha
DAR ES SALAAM, TANZANIA | Xinhua | The heads of state of the East African Community (EAC) will hold their 25th ordinary summit on March 7 in the northern Tanzanian city of Arusha, the bloc announced Monday. The summit, themed “Deepening Integration for Improved Livelihoods of EAC Citizens,” will bring …
Read More »U.S. sanctions Rwanda military over alleged support for M23, Kigali rejects claims
KIGALI, RWANDA | Xinhua | The United States on Monday imposed sanctions on the Rwanda Defence Force (RDF) and four of its senior officials, citing alleged support for the March 23 Movement (M23) in eastern Democratic Republic of the Congo (DRC). In a statement, the U.S. Treasury Department’s Office of …
Read More »Uganda’s KPC IPO move: Coup or risk?
Participation is secured, but profitability and prudence remain under scrutiny Kampala, Uganda | RONALD MUSOKE | For more than 50 years, Uganda depended on its eastern neighbour, Kenya, to transport the fuel that powers its economy, but had little influence over the infrastructure and pricing decisions shaping that supply. That dynamic …
Read More »Uganda seeks political fix over new South Sudan tax
Kampala, Uganda | THE INDEPENDENT | Uganda’s lucrative export corridor to South Sudan is facing fresh turbulence after some 1,000 trucks were stranded at Nimule border, following the introduction of a new electronic permit levy by the Government of South Sudan. Appearing before Parliament’s Public Accounts Committee (PAC) on Thursday, …
Read More »Africa urged to boost output under China’s zero-tariff policy
LUSAKA, Zambia | Xinhua | African countries should scale up production to fully benefit from China’s zero-tariff policy and better access the vast Chinese market, an expert said on Monday. Kelvin Chisanga, a Zambian social economist, said Africa’s abundant raw materials and agricultural potential could translate into stronger exports to China …
Read More »What the Kenya Pipeline deal means for Uganda
Kampala, Uganda | THE INDEPENDENT | New details have emerged about Uganda’s participation in the Kenya Pipeline Company (KPC) Initial Public Offering, shedding light on how the country will protect its strategic interests in the critical fuel import pipeline. The Cabinet on Monday approved the Government of Uganda’s participation in …
Read More »Spiro secures $50million to accelerate Africa’s electric mobility expansion
Nairobi, Kenya | THE INDEPENDENT | Spiro, Africa’s largest electric mobility company and a pioneer in battery-swapping infrastructure, has raised $50 million in debt financing to accelerate the expansion of its clean transport network across the continent. The funding round was backed by African Export- Import Bank, Nithio and Africa …
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