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.