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Browsing: East African countries
In the past years, more research has been conducted about the alternatives of our current linear economy that is focused on ‘take-make-dispose’. A circular economy is an alternative model, that enables green growth and green industrialization by closing the loop of resources and by developing regenerative and circular systems. As stressed by Chatman House1, the circular economy has been mostly seen as a rich-country agenda.
However, the circular economy has enormous potential for lower and middle-income countries. Here are four reasons why circular economy supporters should focus on the (East) African region to unlock the potentials of the circular economy in Africa- and to leapfrog to a Circular Africa.
African emerging economies as an opportunity to implement a circular economy
First of all, it is important to consider that developed countries might be stronger committed to a linear economy than lower and middle-income countries. The industrial revolution in …
Heading into the future, the current farm-to-factory or farm-to-market processes which are expensive will be eliminated.…
The value of intra-trade among East African Community (EAC) states increased to $5.98 billion in 2018 from $5.46 billion in 2017, accounting for a 9.4 per cent growth.
According to the East African Community Trade and Investment Report (2018), all EAC member states except for Burundi recorded growth in trade with their regional counterparts.
Uganda, Tanzania, Rwanda, South Sudan and Kenya’s combined exports to the East African Community and Southern African Development Community regions amounted to $3.1 billion and $1.9 billion in 2018 respectively showed a report prepared by the EAC Secretariat.
In 2015 and 2016, intra-EAC trade was in the negative zone. In 2018, Burundi’s total trade with other countries in the region fell by 11 per cent to $150.9 million from $162.6 million in 2017.
Kenya’s total trade with EAC partner countries rose to $1.95 billion in 2018 from $1.86 billion in 2017 an increase of 4.7 …