Browsing: East African Community

When one of the World’s richest couples decides to divorce then yes we are all warrant to Tweet our P and Qs. So, as the social media world continues to dot the couples’ i’s and cross their t’s let as look at ‘the poor man’ in one of the World’s wealthiest people.

As of February this year, Bill Gates’ net worth of over $137 billion, keeping the world renown philanthropist right up their with the rest of the World’s richest people.

But that is not what makes Bill Gates standout, it is his willingness to aide the world’s poorest that sets him apart from the other World titans.

Only recently, through the Bill & Melinda Gates Foundation, Bill Gates, has set aside a $306 million package in agricultural development grants for Africa and other parts of the developing World.

Over the years, Bill Gates has invariably donated and granted Africa …

That’s right—it is not on mere goodwill that the magnanimous sums are dished out; it is a two-way street. We give you this amount if you do this for us. This give and take barter in economics is known as conditionality.

To put it in the words of Kjell J. Havenevik, author of ‘The IMF and the World Bank in Africa (Conditionality, Impact and Alternatives), ‘Conditionality is the term given to the conditions relating to macro-policy elements which countries have to meet in order to get access to international loans and/or aid.’

We in the journalism science get information about the big sums ‘handed’ to African countries; what we usually do not get through the all-too-frequent press releases is the conditionality that comes with that money.…

Barely a month after the tragic and unexpected death of Tanzania’s outspoken and visionary leader Dr. John Magufuli, the country has gone ahead and inked an oil pact with neighbouring Uganda.

The move puts a lid on speculations of how the country’s first woman President Mama Samia Suluhu Hassan will handle duties of the top office. The new president, who was former vice president under the Magufuli regime, sat with her Ugandan counterpart Yoweri Museveni and together shook hands for French Total E&P and China’s CNOOC and signed key agreements for the East African Crude Oil Pipeline (EACOP).…

The EAC region has few harmonized regional standards, lengthy harmonization process as well as low adoption rate of harmonized regional standards coupled with varying frameworks of technical regulations across partner states.  

This has led to standards related to NTBs such as costly and time-consuming re-testing processes or denial of market access for certain products.…

Innovation is ferrying Africa to a brighter more successful future, a future of technology and digital realities in everyday life. From mobile Apps that allow John in the city centre to Dr. Atish Shah’s affordable battery-powered prosthetic arm that even the least fortunate can afford, innovation is defining Africa’s reality.

African Innovation: Tanzanian Doctor creates mobile-battery powered prosthetics

Tanzania’s Dr. Atish Shah has been recognized the World over for his innovation the Mkono-1, a 3D-printed functional prosthetic hand. Dr. Shah a biomedical engineering Masters candidate says the design was made with the average Tanzanian in mind. It is affordable and functional giving amputees an inexpensive solution for improved mobility and independence.

The prosthetic hand is charged by a simple mobile phone battery, bringing a revolution to an otherwise very expensive industry. In Tanzania, prosthetics are unaffordable for those in middle and low-income communities, and no other battery-powered prosthetics are …

Better prepare East Africa: desert locust threat is not over 

By Kawira Mutisya 

The Food and Agriculture Organization (FAO) is seeking funding to continue with its fight against desert locusts in Eastern African countries affected by the menace.  

Ethiopia, Kenya, Somalia and Sudan continue facing a threat from the desert locusts.  According to a statement from FAO, action to control unprecedented desert locust infestations in the Horn of Africa last year has succeeded in protecting crops and livelihoods. The UN agency is now seeking $38 million funding to sustain operations against new incursions and continue work in these countries.   

FAO says that this is urgent because without this support, the 28 aircraft that patrol the skies to spot and spray swarms could be grounded as early as March. 

In the latest desert locust invasion update by FAO, swarms continue to invade the Horn of …

The East African Community (EAC) economy will is expected to rebound in 2021. But this will only happen , if EAC Partner States Governments strengthen macro-economic policy coordination and adopt a regional coordinated approach in handling the COVID-19 pandemic, a regional business body has said.

According to the East African Business Council (EABC) secretariat, COVID-19 disruptions in 2020 provided a learning curve, on the need to have sustainable EAC regional value chains integration for the development of finished products with a view of reducing industrial and trade risks arising out of external shocks.

EABC Chairman Mr. Nick Nesbitt noted that the region is projected to recover steadily but it was dependent on how the pandemic is handled.

According to the AfDB East Africa Economic Outlook 2020, the East Africa region is projected to recover to 3.7 percent in the baseline scenario and 2.8 percent in the worst-case scenario under the …

More than half of the African countries have ratified the trade agreement with Nigeria, the biggest economy on the continent, being the latest to ratify.…

Nigeria is Africa’s largest economy after overtaking South Africa.…

Kenya’s regional neighbours are demonstrating significantly faster growth rates…