Browsing: Cargo delays at the EAC borders

Regional economies remained relatively strong despite the pandemic.PIC (KPA)

For instance, Burundi’s raw coffee exports increased from an average of Burundian Franc (BIF) 654 ($0.34) in the Q2’2020 to BIF 4500 ($2.32) in Q3’2020, while Ugandan exports increased by approximately 21 per cent between the second and the third quarter, while in Rwanda non-mineral exports increased by 46 per cent. 

According to the AERC Executive Director Professor Ndungu, the advent of the COVID-19 sent shockwaves in the emerging new sectors, such as tourism, manufacturing and financial intermediation compromising recovery.…

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