Luanda Summit signals a historic shift toward continental self-reliance in development funding NEWS ANALYSIS | RONALD MUSOKE | In Luanda, the Angolan capital, where the Atlantic Ocean breeze carries both the promise of prosperity and the weight of unmet potential, African leaders gathered there recently for a defining conversation about the …
Read More »Uganda accelerates efforts to tap into AfCFTA
Government has unveiled a 30+ member committee to oversee its activities in the bloc Kampala, Uganda | Julius Businge | Uganda has launched its African Continental Free Trade Area (AfCFTA) National Implementation Committee (NIC), signaling a renewed push to leverage the continent’s single market for goods and services. The committee, comprising …
Read More »Gen. Mbadi calls for joint effort to harness AfCFTA opportunities
Kampala, Uganda | Julius Businge | Gen. Wilson Mbasu Mbadi, the Minister of State for Trade, Industry and Cooperatives, has called on government agencies, civil society organizations, academia, and development partners to work together so that Uganda can fully benefit from opportunities under the African Continental Free Trade Area (AfCFTA). Mbadi …
Read More »Africa’s airlines push for one sky
There’s an energetic buzz in Africa’s aviation space. The latest launch of more direct flights between African countries is fuelling the continent’s push for “one sky.” SPECIAL REPORT | BIRD AGENCY | Africa’s aviation market is entering a new phase as carriers resume long-dormant routes and expand into new and …
Read More »Mandela Millers secures global food safety certification, boosting Uganda’s manufacturing standards
Kampala, Uganda | Julius Businge | Mandela Millers Ltd has been awarded the globally recognised FSSC 22000 Certification, marking a significant milestone for Uganda’s food processing and manufacturing sector, executives announced at an event held in Kampala on Aug.15. The certification, which integrates ISO 22000, ISO/TS 22002-1 and additional FSSC requirements, …
Read More »Africa seeks economic resilience in face of U.S. tariff hikes
NAIROBI, Kenya | Xinhua | Washington’s new tariffs on nearly 70 countries, including about 20 in Africa, are set to take effect after U.S. President Donald Trump signed an executive order last Thursday. According to a White House release, the duties increase to 15 percent for countries such as Lesotho, …
Read More »Africa’s trade projected to hit $1.5 trillion in 2025
Trade is set to expand at an average of 5.1 per cent a year through 2026, before quickening to 5.4 per cent by 2028 Abuja, Nigeria | ISAAC KHISA | Africa’s trade projected to hit $1.5 trillion in 2025 as growth momentum builds Africa’s intra- and extra-regional trade is on course …
Read More »African youth urged to leverage AfCFTA to access market, economic opportunities
ADDIS ABABA | Xinhua | African youth have been urged to leverage the African Continental Free Trade Area (AfCFTA) agreement to tap into broader continental market and economic opportunities. Experts and policymakers made the call on Saturday during a continental youth-themed meeting organized by the United Nations Economic Commission for …
Read More »L. Victoria welcomes first scheduled roll-on/roll-off freight vessel
Kampala, Uganda | Julius Businge | In a historic milestone for East African logistics, East Africa Marine Transport (EAMT) has launched M.V. MPUNGU, Lake Victoria’s first scheduled roll-on/roll-off freight vessel. The vessel promises faster, safer, and more sustainable transportation, revolutionizing regional trade while supporting the decarbonization of East Africa’s transport sector, …
Read More »COLONIAL AFRICA: Economic dependency and the legacy of exploitation
COMMENT | Gertrude Kamya Othieno | The arrival of mercantilism and capitalism in Africa not only disrupted traditional structures but also embedded the continent in a global economic system designed for its exploitation. For centuries, Africa was cast as a supplier of raw materials, a market for finished goods, and a source …
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