The East African Community (EAC) Partner States have adopted the EAC Regional Electronic Cargo and Drivers Tracking System that will be hosted at the EAC Headquarters in Arusha, Tanzania.
Almost five million people at risk of hunger, famine as Desert Locusts destroy crops across East Africa, report
Almost five million people could be plunged into hunger and famine as a fourth round of desert locusts hatch and ravage crops across the Horn and East Africa, compounding an already dire food situation worsened by the COVID-19 pandemic.
The EU has mobilised €3 million in emergency assistance to countries in East Africa that have been hit by heavy rainfall over the past weeks, triggering devastating landslides and floods.
New swarms of locusts threaten to increase hunger in East Africa reeling from floods and coronavirus
Oxfam warns that millions of people in East and Central Africa, already suffering due to flooding and the impact of coronavirus, are at risk of increased hunger and poverty as the region braces for the latest generation of locusts.
According to the Greater Horn of Africa Climate Outlook Forum Statement, parts of South Sudan, Western Kenya, Uganda, Northern Tanzania and Rwanda are expected to receive above normal rainfall between June and September 2020.
InspiraFarms, an on- and off-grid cold storage solutions provider in East and Southern Africa, has closed a Series B to further expand its operations in the region.
The World Bank approved a US$500 million program to help countries in Africa and the Middle East fight the locust swarms that are threatening the food security and livelihoods of millions of people.
The Chartered Institute for Securities & Investment (CISI) and the Tanzania Institute of Bankers (TIOB) have signed an MoU with the aim of advancing professional standards in the Tanzanian banking sector.
The Director-General of FAO QU, has warned that efforts to control Desert Locusts will take time, noting increased concern for the Sahel and Southwest Asia is adding to the burden of efforts ongoing in the Horn of Africa and Yemen.
Team Europe - the EU, Germany, the Netherlands, Belgium, France, Sweden and Denmark are bolstering food security in Kenya and the region with over Ksh 16 billion (EUR 140 million) at a time of crisis due to COVID-19.
The dire socio-economic consequences of the COVID-19 pandemic may more than double the number of hungry people in East Africa and the Horn over the next three months, a report from the United Nations World Food Programme (WFP) has found.
FAO makes gains in the fight against Desert Locusts in East Africa and Yemen, threat for food security crisis remains
The Director-General of the Food and Agriculture Organization of the United Nations said that significant gains had been made in the fight against the desert locust upsurge in East Africa and Yemen.
The Climate Resilient Agribusiness for Tomorrow project has co-invested € 2 million in grants to 14 private sector companies working in agriculture value chains in Kenya, Tanzania and Uganda.
Ericsson has appointed Todd Ashton as the Vice President and Head of Ericsson South & East Africa within Market Area Middle East and Africa.
The African Development Bank Group announced the debarment of Sinotec Company Limited, an energy solutions company registered in China, for fraudulent practices in East Africa.
The EAC Secretariat, CASSOA and AMREF Flying Doctors will offer emergency COVID-19 intervention trainings for staff at the 8 international airports in the 6 EAC Partner States.
The recent acquisition by Total of Tullow Oil's entire interests in the Lake Albert Development Project in Uganda marks the beginning of a new chapter for East Africa's energy industry.
Liquid Telecom has made it possible for the East African Community (EAC) member states to function as close to normal despite the coronavirus pandemic.
The Food and Agriculture Organization (FAO) received a donation of $10 million from the Russian Federation to support its operations in fighting against the Desert Locust outbreak in East Africa.
Total and Tullow have entered into an Agreement, through which Total shall acquire Tullow’s entire interests in Uganda Lake Albert development project including the East African Crude Oil Pipeline.
Falling visibility in three major African cities reveals air pollution has increased significantly over the last 45 years, leaving citizens facing further short-term increases in man-made pollution.
Tigo Tanzania, has launched a service that allows all Tigo Pesa customers to send and receive cash on their mobile money wallets from M-PESA in Kenya, MTN in Uganda and MTN and Airtel in Rwanda.
The East African Community (EAC) under the Mobile Laboratory Project has deployed nine mobile laboratories and Coronavirus test kits to all Partner States.
The International Organisation for Migration (IOM), Regional Office for the East and Horn of Africa has launched a Strategic Preparedness and Response Plan COVID-19 appeal for USD 71.6 million.
The African Energy Chamber has appointed Eng. Elizabeth Rogo, Founder & CEO of TSAVO Oilfield Services, as its President for East Africa.
The World Food Programme (WFP) welcomed a contribution of US$7.5 million from the Government of Japan to help support vulnerable people in three East African countries hit by locust swarms feeding off crops.
The African Development Bank (AfDB) approved a $1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the control of swarms of desert locusts.
East African Community to deploy mobile labs, testing kits to all Partner States to mitigate Coronavirus
The East African Community Secretariat is in the process of deploying mobile laboratories and Coronavirus test kits to all EAC Partner States.
FAO is further scaling up its activities to fight the Desert Locust upsurge in East Africa from a $10 million loan approved by the United Nations’ Central Emergency Response Fund (CERF).
Livestock production is the largest source of greenhouse gas (GHG) emissions from agriculture. But global estimates of these emissions are based on emission factors from developed countries.
Kenya's smartphone market saw shipments increase 20.3% year on year in Q4 2019, according to the latest figures from global technology and consulting services firm International Data Corporation (IDC).
French could in the near future become an official language of the East African Community (EAC) in addition to English.
GreenTec Capital announces the launch of Boreal Light's largest decentralized solar water desalination project in Eastern Africa in partnership with WaterKiosk LTD, Atmosfair GmbH and the Bilal Sustainable Development Project.
[kenya] Receivables finance can help close Africa’s $90 billion SME ginancing gap, Central Bank Governor
Receivables finance is an important tool that can help to close the $90 billion funding gap faced by small and medium-sized enterprises in Africa, Dr. Patrick Njoroge, Governor of Central Bank of Kenya said.
The implementation of the AfCFTA in Eastern Africa could result in welfare gains amounting to USD 1.8 billion for East Africa, boosting intra-African exports by more than USD 1.1 billion and creating more than 2 million new jobs, says a new report.
Standard Bank Group’s results for the 2019 financial year are underpinned by the growth and resilience of its core operations, the constrained macroeconomic environment and ICBCS losses impacted the group’s results.
While much is made of the potential of new technologies like cloud, IoT, AI and Blockchain, their success depends entirely upon ubiquitous connectivity.
Climate experts in East Africa are using a UK-funded supercomputer to combat the continent’s worst locust outbreak in 70 years, which is robbing people on the brink of starvation of much-needed food.
The Food and Agriculture Organization of the United Nations, FAO, has welcomed a €17 million contribution from Germany to provide assistance to those directly affected by the Desert Locust upsurge in East Africa.
Stanbic Bank Uganda’s Chief Executive, Patrick Mweheire, has been appointed as the new Regional Chief Executive, effective 1st March 2020.
East African Legislative Assembly passes Supplementary Budget of $4.9 million to meet additional expenditure
The EALA has approved the East African Community’s Supplementary Budget of USD 4.9 million for the Financial Year ending 30th June 2020, to fund its additional expenditure for priority projects and programmes.
The European Commission has announced €10 million more to respond to one of the worst Desert Locust outbreak in decades in East Africa.
Sage has appointed three Authorised Sage Distributors in the SADC, East Africa and West African regions to serve as valued-added distribution partners for its small and medium business products and services.
The Afreximbank in collaboration with FCI will hold a two-day conference in Nairobi to promote the use of factoring to enhance access to financing for SMEs in East Africa.
The first Public Private Partnership (PPP) project to generate renewable energy from shared resources in Africa came closer to reality following signature of a key agreement to enable preparatory works to commence.
As a part of implementation and coordination of ARIS II for the sustainable development of animal resources, African Union Inter-African Bureau for Animal Resources will be transforming priority regional livestock value chains.
In response to the outbreak of desert locusts in East Africa, the United States, through the USAID, will be providing $8 million in humanitarian assistance to support regional operations to control locusts.
Elanco Animal Health Inc. says its shared value East Africa Growth Accelerator initiative has delivered a Social Return on Investment (SROI) of almost 250 per cent for dairy and poultry smallholder farmers.
Airtel attains 100 million subscriber mark in Africa, with bulk of revenue from Nigeria and East Africa
Airtel's overall customer base in Africa grew by 9.4% to reach 107.1 million. This is according to the India-based telco group financial results for the 9-month period ending on December 31, 2019, announced recently
A trade deal with the U.S. could help both Kenya and its neighbors in the East African Community by fostering the development of regional value chains, according to a former U.S. trade official.
COMESA/ACTESA and the Regional Network on Agriculture Policy Research Institutes have agreed to strengthen the relationship in the areas of agriculture policy research and outreach in the region.
ENGIE Africa has successfully accelerated the Access to Energy (A2E) strategy that it launched in 2018 through the development of its three A2E off-grid energy solution companies: Fenix International, ENGIE Mobisol, and ENGIE PowerCorner.
East African Community partner states have been directed to enforce relevant laws to effectively ban the manufacture and use of plastic carrier bags with immediate effect.
The Africa Solidarity Trust Fund (ASTF) has donated $1 million to the Food and Agriculture Organization (FAO) of the United Nations to combat the worsening Desert Locust upsurge in the Horn of Africa.
A study of East African coral reefs has uncovered an unfolding calamity for the region- plummeting fish populations due to overfishing, which in turn could produce widespread food insecurity.
Norfund has announced the launch of its strategy in East Africa for the next three years, which includes scaling up investments in the manufacturing and agribusiness sectors.
Taimba, a Kenyan based agri-tech startup connecting rural smallholder farmers to urban retailers has recieved €250,000 funding from partnership with Enviu and the DOEN Foundation.
The East African Community Partner States are in the process of harmonizing critical policies and putting in place the requisite institutions to attain a single currency for the region by 2024 as outlined in the EAC Monetary Union Protocol.
LVFO implements E€OFISH programme for sustainable blue economy in East African-South African-Indian Ocean region
The Lake Victoria Fisheries Organization (LVFO) is implementing the E€OFISH programme in the EAC region in Lake Victoria, whose overall objective is to enhance equitable economic growth by promoting sustainable fisheries.
On January 22, the AgResults Foot and Mouth Disease (FMD) Vaccine Challenge Project tailored for Eastern Africa, officially launched.
TradeMark East Africa (TMEA) and the Mombasa County Government inked a US$2.7 million financing deal towards construction of the Mbaraki-Nyerere Road.
Desert Locust swarms in Ethiopia, Kenya and Somalia, already unprecedented in their size and destructive potential, could swell exponentially and spill over into more countries in East Africa.
The Republic of Namibia has become the eighth country to ratify the Tripartite Free Trade Area (TFTA) Agreement moving the region closer to having a fully operational Agreement this year.
Dutch development bank FMO has invested $7.5m in the Acumen Resilient Agriculture Fund (ARAF) to support the provision of climate resilience solutions to smallholder farmers in East and West Africa.
The MultiChoice Talent Factory (MTF) Masterclasses for 2020 have officially started.
Clarke Energy, a Liverpool engineering company is helping African businesses reduce carbon emissions thanks to innovative hybrid engines.
Elgon Kenya’s Director Bimal Kantaria has been recognized with an Honorary Doctorate of Humanities degree for his efforts at promoting the agriculture sector in East Africa.
IFC, the private sector arm of the World Bank has called on health tech innovators from around the world to bring their solutions to the East African market to meet the needs of patients and health care providers.
African tech startups this year tapped millions of dollars by taking part in and winning startup competitions - at least over $6million collectively, by Ventureburn’s calculations.
Over three million people from Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank’s (AfDB) board.
Rice farmers in East Africa are set to benefit from a US$3.1 million dollar grant to a rice sector promotion project which will be implemented over a period of three years.
GAIN is working with UNICEF in Eastern and Southern Africa to sharpen understanding of and improve complementary feeding in the region.
Paratus, a leading telecoms operator with operational offices in six African countries, is the first telecoms operator to bridge Africa.
TDB, EIB deepen partnership with $120m 15-year SME, climate action facility in Eastern, Southern Africa
The Trade and Development Bank (TDB) and the European Investment Bank (EIB), signed a USD 120 million 15-year SME and climate action facility to grow the relationship between the Eastern and Southern African countries.
Dimension Data has launched its fifth business unit in Africa and Middle East (MEA) region aimed at helping organisations in the region address the challenges of today’s rapidly evolving IT threat landscape.
SmartStream partners With Union Systems to assist East and West Africa organizations in their digital strategies
SmartStream Technologies has announced its partnership with Union Systems Limited, a key provider of financial software solutions and professional services to major banks in East and West Africa.
The M-PESA Foundation Academy has become the first learning institution to be recognised as the Company of the year at the East Africa CIO awards.
Absa Corporate and Investment Banking (CIB) claimed top honours at the 12th EMEA Finance African Banking Awards, 2019 where it was awarded Best Investment Bank in Africa.
[Uganda] Countries celebrate South-South Cooperation, innovative partnerships for tackling food insecurity and poverty
Through South-South Cooperation, countries across the global South are successfully exchanging technical expertise and building innovative partnerships, which if strengthened, can continue to play a crucial role in the achievement of the SDGs.
IFC and IFHA-II Coöperatief U.A., a private equity fund focused on health care in Sub-Saharan Africa, launched a $115 million holding company to acquire and integrate targeted health care service businesses in East and Southern Africa.
CloudHop, has announced a new partnership with Nasdaq Governance Solutions to provide its clients in Eastern Africa with access to Nasdaq Boardvantage.
[Kenya] CloudHop inks deal with Nasdaq Governance Solutions to provide clients with solution that enhances corporate governance
Cloud solutions provider in Kenya, CloudHop, has partnered with Nasdaq Governance Solutions, a business of Nasdaq Inc. to provide its clients in Eastern Africa with access to Nasdaq Boardvantage®.
The Director of Productive Sectors at the EAC Secretariat has underscored the need to put in place a policy instrument to trigger interventions responding to the needs of smallholder farmers in the region.
Motorola Solutions, a global leader in mission-critical communications, has expanded its video security portfolio with new solutions that help police respond more efficiently in emergency situations.
In a pledge to continue stepping-up its commitment to climate change mitigation and adaptation action, the Eastern and Southern African Trade and Development Bank has signed an MOU with UNEP.
Bolt (Formerly Taxify) has launched a dedicated environmental impact fund with seed capital of €10 million aimed at initiatives which deliver global social and environmental benefits.
Leading pan-African telecoms group Liquid Telecom has launched the fastest direct land-based fibre link connecting East to West Africa.
Training management firms like Edify Learning Forum Africa, ELFA, have been at the forefront of designing, managing and redefining organizational learning processes in Africa over the years.
Bolt (Formerly Taxify) has launched a dedicated environmental impact fund with seed capital of €10 million aimed at initiatives which deliver global social and environmental benefits.
The Economic Commission for Africa (ECA) Economic Affairs Officer, Geoffrey Manyara says that capitalizing on tourism potential will significantly accelerate Economic Development in the region.
The People’s Republic of China has made a commitment to give the East African Community (EAC) 12 cars worth US$400,000 to be used in various capacity building programmes at the Community.
National carrier Kenya Airways (KQ) has signed a one way codeshare agreement with Safarilink Aviation to open up Kenya by connecting domestic scheduled services to all the best safari destinations within Kenya and Tanzania.
WeFarm, a farmer-to-farmer digital network currently in Kenya and Uganda has raised $13 million in a Series A round of funding, with plans to use the money to continue adding more users, farmers, and more services geared to their needs.
COMESA develops regional climate change resilience framework to withstand adverse climate change disasters for Member States
COMESA has developed a draft Regional Resilience Framework to build the capacity of its members to withstand disasters occasioned by adverse effects of climate change.
COMESA and Trade Mark East Africa (TMEA) have signed a Memorandum of Understanding (MoU) to promote trade in the region by removing obstacles that impede the smooth flow of trade among the Member States in the region.
Workonline Communications, has launched Remote Cloud Connect, facilitating access to cloud services for Workonline customers over a dedicated Ethernet Virtual Private Line (EVPL) service.
Cisco has appointed Sally Kimeu as Country Leader and Regional Manager for its East Africa operations in 10 countries.
Nairobi will this week host the EIB Eastern Africa SME and Microfinance Banking Forum that will seek to improve the economic and social impact of private sector financing supported by the lending arm of the European Union in East Africa.
On-demand transportation platform Bolt has announced the appointment of Kenneth Micah as the Regional Manager for East Africa.
KCB Group has been ranked at position 717 in The Banker’s Top 1000 World Banks ranking for 2019, climbing nearly 100 places up, on the back of steady growth and strong balance sheet credentials.