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Tag Archives: trade

Burundi claims diplomatic win with hosting of regional summit

Nairobi, Kenya | AFP | Burundi’s government claimed a diplomatic victory Friday with the announcement that it would host a regional trade summit later this year. The tiny central African nation has been in the cold since President Pierre Nkurunziza’s run for a controversial third term in 2015 plunged the …

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SEATINI calls for more funding to trade and tourism sector

Kampala, Uganda | JULIUS BUSINGE | As the budget making process for FY2018/2019 continues at different fora, several players are taking part by coming out with several proposals. The latest player is Southern and Eastern African Trade, Information and Negotiations Institute (SEATINI). It is calling on Parliament to increase allocation to …

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Macron hosts 140 CEOs in pre-Davos charm offensive

Paris, France | AFP | President Emmanuel Macron’s campaign for a “French Renaissance” kicks into overdrive Monday as he welcomes 140 multinational business leaders before this week’s jamboree of the rich and powerful in Davos. The business-friendly president will host executives at the grand Versailles chateau near Paris for an …

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Netanyahu set to lead trade task force to India

Jerusalem, Undefined | AFP | Israeli Prime Minister Benjamin Netanyahu will take 130 businessmen with him to India next week for trade talks which will also cover defence sales, a senior Israeli official said Wednesday. Foreign ministry deputy director general for Asia, Gilad Cohen, said the six-day trip starting Sunday was …

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Tanzania to buy 19 electric trains

Kampala, Uganda | THE INDEPENDENT | Tanzania has floated a multimillion dollar tender for 19 electric trains to be used on the standard gauge railway (SGR) which is under construction, according to the regional newspaper, The EastAfrican. State-run railway firm Reli Assets Holding Company (Rahco) is seeking the supply of …

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Uganda to benefit from $21.3 million UK grant

Kampala, Uganda | THE INDEPENDENT | Uganda is one of the 51 countries set to benefit from Shs 76.68 billion (USD$21.3 million) grant that the United Kingdom has pledged towards the Enhanced Integrated Framework (EIF), an innovative global trade programme that brings together partners and resources to support Least Developed …

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ANALYSIS: Since removal of sanctions, Sudan’s economy has actually got worse

John Hursh | AFRICAN ARGUMENTS |  On 6 October, the US government announced that it would revoke the majority of economic sanctions imposed on Sudan. Many of them had been in place for two decades. Numerous governments, organisations, and commentators welcomed the decision. Sudan expert Alex de Waalcalled the move “long overdue”, while UN Special Rapporteur Idriss …

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Qatar emir, seeking new markets, starts West Africa tour

Dakar, Senegal | AFP | Qatar’s emir landed in Senegal on Wednesday at the start of a six-nation tour of West Africa as Doha seeks out new markets after Saudi Arabia and other Arab countries cut ties with the wealthy emirate. Sheikh Tamim bin Hamad Al-Thani’s is expected to visit …

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Battles loom in UK over competing Brexit demands

London, United Kingdom | AFP | Britain could remain closely aligned with the rules of the European Union’s single market under its initial withdrawal deal with Brussels, a move that has critics worried about heading towards a soft Brexit. The deal reached Friday after nearly six months of negotiations detailed …

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