Browsing: Intergovernmental Authority on Development (IGAD)

• Kenya’s President William Ruto says the free movement was necessary for sustainable growth in the Horn of Africa.
• Dr Ruto calls on member states in the region to eliminate national boundaries that are chocking growth.
•  EAC Secretary General Peter Mathuki notes EAC can address challenges in advancing movement of goods and labour.

Barriers to free movement of goods and people are chocking East Africa’s regional integration. To unlock the bloc’s trade potential, Kenya’s President William Ruto is calling in the East African Community (EAC) and the Intergovernmental Authority on Development (IGAD) to remove barriers to free movement. Dr Ruto urges that free movement of people, goods and services can significantly enhance East Africa’s regional integration.

The Kenyan President notes the free flow of goods and capital was necessary for sustainable growth across East Africa.

The President is now challenging regional member states to eliminate national boundaries that have since become …

• They will closely collaborate in trade facilitation and financing in order to grow trade across the continent.
• The organizations are keen to support implementation of the Africa Continental Free Trade Area (AfCFTA) which became effective in 2021.
• The AfCFTA aims to create a continent-wide market of USD3.4 trillion and 1.3 billion people.

Leading aid for trade organization TradeMark Africa -TMA (formerly TradeMark East Africa), global government advisory organisation, Tony Blair Institute (TBI) and catalytic fund Trade Catalyst Africa (TCA) have come together to support trade in Africa.

TCA is a subsidiary of TMA.

The three have signed a Memorandum of Understanding (MoU) to closely collaborate in trade facilitation
and trade finance in order to grow trade across the continent.

The organizations are keen to support implementation of the Africa Continental Free Trade Area (AfCFTA) which became effective in 2021.

The AfCFTA aims to create a continent-wide market of USD3.4 trillion …

Uganda’s Cabinet approves an extra $1.8 million to help fight the locust invasion.

This was after it came to be known that $3 million of the initial $4 million released for the same purpose was used to pay membership arrears to the Desert Locusts Control Organisation for East Africa (DLCO-EA).

DLCO-EA draws membership from Uganda, Kenya, Tanzania, Ethiopia, Sudan, South Sudan, Eritrea, Somalia, and Djibouti.

According to the EastAfrican a local news platform, Uganda still owes the organisation an extra $2 million even after paying the arrears, Uganda, together with Sudan, Eritrea and Somalia, are the main defaulters.

According to the EastAfrican, the Country Representative for DLCO-EA, Mr Evarist Magara said that each member partner is supposed to pay $120,000 per year. Adding that Uganda’s debt had grown to $5 million accumulated over nearly 30 years of non-payment. Sudan also owes $6 million to the regional organization.

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