IFC and CRDB Bank Burundi have partnered to expand access to finance to smaller businesses, especially micro and small enterprises in the agribusiness sector, supporting economic growth and job creation in the country.
IFC has appointed Malick Fall as the new Country Manager for Burundi, the Democratic Republic of Congo (DRC), and the Republic of Congo.
Commission de la Communauté Economique des Etats de l’Afrique centrale (CEEAC), en partenariat avec le Secrétariat Exécutif de la CCNUCC, l’Initiative pour la Transparence de l’Action Climatique, le Programme des Nations Unies pour le Développement (PNUD) et le Marché Commun de l’Afrique Orientale et Australe (COMESA), ont organisé le Dialogue Africain sur le Cadre de Transparence Renforcé (CTR).
United Nations Under-Secretary-General for Humanitarian Affairs released a US$1 million contribution from the Central Emergency Response Fund (CERF) to assist around 340,000 people in the affected areas by the Rift Valley fever (RVF) in the Republic of Burundi.
The Summit discussed a raft of issues touching on the region from infrastructure development, energy transition, removing all restrictions on air transport services and strengthening the community.
IFC et CRDB Plc s’associent pour l’accès au financement des petites entreprises en Tanzanie et au Burundi
Un nouveau partenariat entre IFC et CRDB Plc annoncé aujourd'hui va accroitre l'accès au financement pour les micro, petites et moyennes entreprises (MPMEs) en Tanzanie et au Burundi, contribuant ainsi à soutenir la reprise dans ces deux pays suite aux impacts économiques de la pandémie de COVID-19.
A new investment between IFC and CRDB PLC announced will increase access to finance for micro, small and medium-sized enterprises in Tanzania and Burundi, helping strengthen both countries' recovery from the economic effects of the COVID-19 pandemic.
Burundi, the Democratic Republic of Congo (DRC), and neighboring countries within the Great Lakes Region of Eastern Africa are set to benefit from the new Great Lakes Trade Facilitation and Integration Project.
[East Africa Business Week] Bob Koigi: Region bets on $91.5 million budget to drive economic integration
This week, the East African Community has tabled before the East African Legislative Assembly (EALA) the budget estimates for the 2022/2023 Financial Year totaling $91.5 million.
World Bank Appoints Albert G. Zeufack as the new Country Director for Angola, Burundi, DR Congo and Sao Tome and Principe
Dr. Zeufack will lead the implementation of the World Bank’s program in the four countries, which includes an active portfolio of 84 national projects totaling $8 billion financed by the International Development Association.
GET.invest Burund aiming to respond to the country’s need for affordable, reliable and clean access to energy services alongside its regional partners.
The recent entry of the Democratic Republic of Congo to the East African Community has heralded a new economic dispensation expanding the regional market.
The OPEC Fund for International Development (the OPEC Fund) approved $100 million in new funding to support development operations in Burundi, Nicaragua and Ghana.
[East Africa Business Week] Bob Koigi: What EU’s lifting of financial sanctions on Burundi means for EAC
The EU made the decision in the wake of deteriorating political situation occasioned by a disputed presidential election in 2015.
The East African Community (EAC) Secretary General, Hon. (Dr.) Peter Mathuki, has hailed the European Union (EU) for lifting financial sanctions that it imposed on the Republic of Burundi almost six years ago.
As the East African Community, EAC, member states eye innovative ways of deepening integration and trading more with each other, the bloc and individual countries are putting in place mechanisms, policies and legislation that seek to address longstanding hiccups that have put the brakes on seamless regional trade.
Small cross border trade between Burundi and the Democratic Republic of Congo (DRC) is set to flourish after the two countries begun the process towards implementation of the COMESA Simplified Trade Regime (STR).
[Burundi] Une usine de briquettes renforce la résilience et la cohabitation dans un camp de réfugiés
Sous l’impulsion du gouvernement du Burundi, le Haut-commissariat des Nations unies pour les réfugiés (HCR) promeut l’utilisation de briquettes comme source d’énergie alternative et durable pour la cuisson.
This webinar will consist primarily of a live demo of how VOGSY offers Quote-to-Cash services as a Google Workspace Add-on.
Dr. Mathuki highlighted some of his priorities for the next five years including: pushing for the implementation of liberalization of trade-in services; open skies; harmonization of domestic taxes and standards.
The World Bank approved an additional financing of $54.6 million for the Health System Support Project (KIRA), in Burundi.
As part of its SME program, the Trade and Development Fund (TDF) of the Eastern and Southern African Trade and Development Bank (TDB) Group, has issued a 3-year BIF 500 million partial risk guarantee facility in favor of the Women’s Initiative for Self-Empowerment S.A. (WISE) in Burundi.
The EU announced a new funding of €54.5 million in humanitarian aid devoted to the most vulnerable people affected by human-made or natural disasters, epidemics, and displacement in the Great Lakes region of Africa.
Burundi will wait for more research to establish the efficacy of Covid-19 vaccines before it can administer them, the country’s health minister has said.
Kerry, the world’s leading taste and nutrition company, has announced details of a new project with the United Nations World Food Programme (WFP), which aims to enhance the production and availability of safe, sustainable milk for children and communities in the Gitega province of Burundi.
The OPEC Fund for International Development (the OPEC Fund) signed a $20 million public sector loan agreement with Burundi to co-finance a project that will improve food security, expand access to marketplaces and social services.
The OPEC Fund for International Development (OFID) has signed a US$20 million public sector loan agreement with Burundi to co-finance a project that will improve food security and strengthen the resilience of agricultural production systems.
The AFAWA Guarantee for Growth program targets financial institutions to increase their appetite to lend to women who are known to be better payers
The Chinese experts mainly assisted Burundi in formulating agricultural industry policy planning, providing consultation and conducting experiments, demonstrations and technical training.
Morocco has decided to open an embassy in Burundi’s main economic center instead of opting for the country’s political capital.
Burundi export products are set to access the larger regional market following improvement of their quality standards, made possible through the provision of laboratory equipment to the agency responsible for Standardization and Quality Control.
The International Telecommunication Union (ITU) and the Enhanced Integrated Framework (EIF) have launched a cooperative project to enhance the digital ecosystem and build digital skills for women in Least Developed Countries (LDCs).
Andersen Global continues to expand its platform in East Africa through a Collaboration Agreement with Burundi-based CN & Associates.
Women working in the textile sector in Burundi will soon be able to produce high quality cloth after undergoing skills and entrepreneurial empowerment through an incubator project supported by the Federation of Women in Business for Eastern and Southern Africa.
The International Monetary Fund (IMF) approved a grant under the IMF’s Catastrophe Containment and Relief Trust (CCRT) to cover Burundi’s debt service falling due to the IMF from July 21, 2020 to October 13, 2020, equivalent of $7.63 million.
The World Bank approved a $5 million grant from the International Development Association (IDA) to respond to the threat posed by COVID-19 and strengthen national systems for public health preparedness in Burundi.
The Burundi National Bureau of Standards has received equipment worth €150,000 to support its operations and improve regional market access for Burundi products.
CoffeeMM, a South African startup in the coffee business has been working with smallholder farmers inSouth Africa, Mozambique, Burundi and Zimbabwe to process their raw coffee for the retail market.
The World Bank approved two grants for a total of $160 million from the International Development Association to help improve essential services through solar power and local development in rural and remote areas of Burundi.
Gigawatt Global’s 7.5MW solar plant in Burundi becomes the first grid-connected project supported by the Renewable Energy Performance Platform (REPP) to begin full construction.
The United Nations WFP welcomed a contribution of £3 million from the United Kingdom to help save the lives of over 60,000 Burundian refugees in Mahama camp in eastern Rwanda who had faced ration cuts this month.
JUA Technologies International, a Purdue University-affiliated startup developing solar-powered crop-drying devices, is partnering with BrazAgro Ltd., a supplier of Brazilian farm machinery, to distribute its solar-drying tray.
The Australian Centre for International Agricultural Research (ACIAR) has launched a new project in six countries in East Africa to improve common bean varieties and provide shorter cooking time
France announced a €500,000 contribution to strengthen a local milk value chain in Gitega province of Burundi to assist 18,500 people, including schoolchildren, smallholder farmers, pregnant women, nursing mothers and adolescents.
Tourism sector vital in East African Community, EALA calls for embrace of single tourism visa, report
A report of the Assembly on the Oversight activity on the Performance of the Tourism Sector in the region, wants the East African Community (EAC), to fastrack the conclusion of the EAC Protocol on Tourism and Wildlife Management.
The European Commission has announced €34.275 million in humanitarian funding to help the most vulnerable people in the Great Lakes region in Africa.
The Government of Japan has contributed US$1 million to help prevent chronic malnutrition and support vulnerable families with pregnant women, nursing mothers and children under two years in Burundi.
The United Nations World Food Programme (WFP) in Malawi is deeply concerned about the worsening food situation for approximately 40,000 refugees and asylum-seekers following a cut in the amount of food assistance they receive.
The technology group, Voith, has won an order to design, manufacture and supply the complete electromechanical equipment for the small hydropower plant Kabu 16 in Burundi.
National Carrier, Kenya Airways is pleased to announce an additional daily direct service from Nairobi to Bujumbura, Burundi starting 8 May 2019.
Economic growth in East Africa is soaring ahead of other regions on the continent at close to 7 percent while the overall outlook for the rest of Africa is cautious, but positive.
Nearly 235,000 vulnerable households will benefit from a $101 million project that aims to improve the living conditions and climate resilience of rural populations in five provinces of Burundi.
East African Community leaders have lauded the regional body for the role it has played towards improving the economies of member countries.
This year, reports and news articles have been awash with stories of a dysfunctional EAC bloc stagnated and in near-crumbling state.
Burundi, Kenya, Rwanda, the United Republic of Tanzania, and Uganda have agreed to make trade between them and with other countries cheaper, faster and simpler.
Since launching a year ago, the Regional Liquidity Support Facility (RLSF) has signed agreements with five countries.
The Boards of Directors of the African Development Bank Group have approved S$322.35 million loans and grant to Burundi and Tanzania.
With an average growth rate of 6.7% between 2013 and 2017 - double the African average - East Africa is one of the fastest growing regions in the world, accompanied by rapid social improvements
Coffee producers in Ethiopia and Burundi should capitalize on growing interest in premium markets and environmental sustainability among the 500 million people globally who drink coffee every day to make the most of their inimitable beans.
East Africa Business Council, EABC, has appointed Hon. Peter Mathuki as the acting Executive Director following the resignation of Ms. Lilian Awinja.
East Africa Legislative Assembly is adding its voice to the debate on greening the environment.
Global alternative asset manager The Carlyle Group has completed the acquisition of a majority stake in AK Life Sciences, Abacus, a pharmaceutical company in East Africa.
OFID, the OPEC Fund for International Development has signed public sector loan agreements totaling to US$37.5 million with Guinea Bissau, Burundi and Uganda to support socio-economic development and living standards in the African continent.
Multinational German-based transportation company Hapag-Lloyd has continued to focus on the growing market in East Africa.
Amani Institute is launching the Amani Leadership and Management for Impact program (ALMI) in Uganda.
Electricity access rate in Kenya is the highest in East Africa according to the latest report from the World Bank tracking global achievements in sustainable energy for all.
Eastern Africa continues to grow rapidly. As a result, the region’s average per capita income reached $740 in 2016, double the figure ten years earlier.
[Column] Bob Koigi: Deepening regional trade and East African integration with one stop border posts
Traders passing through East African border points have traditionally grappled with harrowing experiences, from bureaucratic procedures to harassment by custom officials.
The Appellate Division dismissed an Appeal filed by Castro Pius from Tanzania, whose application was seeking for an injunction to stop the Partner States which had not signed the European Partnership Agreement not to sign the same.
If the East African community member states are not burning each other’s chicks, or auctioning cows, they are embroiled in trade disputes and mistrust in what has become characteristic of the integration journey.
Rainbow, the high grade rare earth producer has commenced a drilling programme at its Gakara Project in Burundi with the objective of supporting the mine plan for the currently productive areas of the license and exploring the significant geological anomalies identified in 2017.
Jubilee Holdings Limited has appointed Dr. Julius Kipng’etich as its Regional Chief Executive Officer.
The Pay As You Earn tax year-end is looming in most East African territories, and governments are clamping down on non-compliance among businesses and individual taxpayers as they strive to raise more funding for public spending.
Statesduka.com is the first budget online shopping and shipping website serving Kenya, Tanzania, Uganda, Rwanda, Burundi and South Sudan.
The African Export-Import Bank will provide financial and advisory support to Burundi to facilitate the development of the energy, mining, tourism and agriculture sectors to contribute to the country’s economic recovery.
UBUCOM decided to choose Bolloré Logistics Tanzania as its logistics partner for the transportation of 1,298 MT of iron coils to Burundi.
Rainbow, the rare-earth element mining company, has inaugurated Gakara Rare Earth Project in Burundi with the first production and sales of rare earth concentrate targeted in Q4 2017.
Downtown Bujumbura just got a little brighter, thanks to an innovative partnership between Mayor Freddy MBONIMPA and Gigawatt Global, a founding member of United States Power Africa's Beyond the Grid program.
The East African Community Partner States have undertaken a number of reforms over the past four years to facilitate implementation of the EAC Common Market Protocol, this is according to the East African Common Market Scorecard.
TradeMark East Africa has proposed the need to adapt its engagement in Burundi by investing in projects that strengthen new export potential value chains, enhance cross border trade and increase the country’s participation in the regional market.
TradeMark East Africa (TMEA) has signed a Memorandum of Understanding with Democratic Republic of Congo (DRC) to facilitate projects that will improve cross border trade and enhance trade links between the country and East Africa Community member states.
Burundi has acceded to the Agreement for the Establishment of the African Export-Import Bank (Afreximbank), making it a participating state of the continental trade finance bank.
Ministers from nine African nations (Morocco, Angola, Burundi, Central African Republic, Chad, Democratic Republic of Congo, Gabon, the Republic of the Congo and Rwanda) have today gathered in Oyo at the invitation of the President of the Republic of the Congo to sign a Memorandum of Understanding on the creation of the Congo Basin Blue Fund.