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Browsing: East African Community (EAC)
Food security has always been a matter of much concern across Africa, the threat has only been extenuated by the worsening coronavirus outbreak.
With the rest of the World tied up with response to the coronavirus in their own countries, scientists in Africa have to step up to the food security threat on the continent.
Up to the task are Tanzanian scientists who early this week, in the nick of time, announced a breakthrough in maize research that may very well answer the impending food security threat.
The Tanzania Agricultural Research Institute, announced its scientists have developed two genetically modified maize varieties that to a great extent, stand to solve the food security issue in the country and region at large.
First is a maize variety that is much higher in protein concentration than the regular maize types now been grown across the country. This variety will serve to give …
As the rest of the country shuts down all entry ports, heavily reliant on tourism, the spice Isles of Zanzibar are allowing charter flights to land but with strict conditions.
Isles authorities have permitted charter flights bringing tourists to the island to land but on condition that all persons on board enter a 14 days quarantine stay, at their own expense.
This surprising turn of events happens in the backdrop of ongoing global threat of the spread of coronavirus. Even leading sports leagues have been cancelled and regional high profile meetings are been held on conference calls.
Across Africa, the tourism industry has come to an almost complete shutdown. It is time immemorial since a disease stopped people from touring and going for holidays, at least not since the deadly World War I and II power viruses.
With most all African countries eventually succumbing to the threat and finally closing …
There are now more than 100,000 mini-grid stations across Africa, these little power generation stations are serving to bridge Africa’s rural power gap and Tanzania is no exception.
While the country leads Africa in rural electrification efforts, there is still huge gap between demand and supply and the solution to cover it lays in mini-grids, small power stations that generate power at localized remote points.
To date, Tanzania has well over 100 mini-grids that provide electrical power to over 250,000 people in remote corners of the country. These mini-grids provide close to 200 MW using biomass, fossil fuel and solar systems as well as hybrids of these energy sources.
Tanzania’s national policies also support adoption of renewable energy technologies. Off-grid electrification using renewable energy technologies can offer a power solution to rural and remote areas. These efforts are inline with the global Sustainable Development Goals.
SDG number 7 calls for …
The East Africa 15 (EA15) highlights on 15 of the most traded and highly capitalized stocks in the region on a monthly basis. The primary purpose of the EA15 is to give investors a description and perspective of the regional stock markets’ performance.
EAC countries’ economies had a turbulent time in 2019 characterized by rising public debt against missed revenue targets,slow private sector growth and under-par performance of traditional key sectors of the economy such as tourism, agriculture and manufacturing. Further, regional trade which was earmarked as crucial to economic development has been marred by trade spatssuch as protectionism resulting in a decline involume and value of intra-regional trade.
The region is looking to maintain a loose monetary stance to boost private sector growth and more importantly,resolve disputes in order to intensify regional trade. Despite the tough economic environment, the region’s GDP is projected to grow the fastest in sub-Saharan…
The East African Community has marked its 20th Anniversary with pomp and fanfare at its Headquarters in Arusha, Tanzania.
This comes as the community mulls over the inclusion of The Democratic Republic of Congo into the community, which would not only give the community a major population rise but also a coast to coast linking both the East African coast and the West African coast. Though the considerations are yet to be approved, policy analysts believe this move is a matter of when not if. However, there is still contention on whether to include the East most country, Somalia which has also expressed interest.
Uganda’s 2nd Deputy Prime Minister and Minister for EAC Affairs, Hon. Dr. Ali Kirunda Kivejinja, who presided over the anniversary celebration, said that EAC Partner States would not repeat the mistake of the past that led to the collapse of the first Community.
Dr. …
East Africa(EA) business community will address issues on harmonising airspace among others during the East African Business and Investment summit taking place in Arusha, Tanzania from 28 to 29 November.
Denis Karera, the Vice Chairman of the Council said that the summit seeks to address the most pressing issues challenging business in the region, especially cross border trade.
“Non-tariff barriers impede cross border trade. One of the key things we want to raise, again, is the domestication of airspace so that our airlines can move easily and quickly and tickets can become cheaper as well,” he said as he addressed the press.
He added that flight ticket prices are driven by none harmonized and heavy duties imposed on airlines landing at different African airports. He said that flight tickets are expensive because all the east African countries charge taxes among other handling services for every landing.
Also Read: EAC
…Sub-Saharan African clothing and footwear market is worth $31 billion US dollars and growing. In a series of articles about the industry in Sub Sahara Africa, we will explore the policies, trade and the budding creative fashion industry in the region. This is the second part of the series where we focus on the raw material for the textile industry.
Read the previous series: Africa Fashionomics: Making sense of the $31 Billion industry
Also: Africa Fashionomics: Not enough materials to support a budding textile industry
And also: Africa Fashionomics: Business of Fashion in Africa led by Ethiopia
East African Community had one ambitious goal; to get rid of second-hand clothes in the region and shield their nascent textile industry from adverse effects of these clothes from U.S and Europe. The goal was already set and the countries would effect a hike on the duty charged on second-hand clothes. East African …
Welcome to Jack’s world. Jack is a photographer based in Dar-es-Salaam who recently set up a sole proprietorship.
His dream is to grow into a visual interior design firm that furnishes affluent homes, office spaces, and restaurants with compelling imagery for their otherwise boring walls.
Every one of Jack’s hours is valuable to achieving his ambition.
Jack is not alone. East Africa is burgeoning with small businesses that are formalizing. With this formalization – setting up a company, relentless selling, and paying taxes – comes a heavy investment in time and a meticulous focus on prioritizing what matters most on any given day.
A popular misconception is that it’s easier today for small businesses to grow due to the plethora of digital marketing tools available.
From automatic logo generators and photo editors to website builders and social media schedulers, business owners are able to get things done faster. But this …