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- EAC Partner States need to fast-track implementation regulations on the liberalisation of air transport
- An extra 155,000 jobs and US$1.3 billion in annual GDP would be created if 12 countries opened their skies.
- Africa has formed the Single African Air Transport Market (SAATM) to spearhead a single unified air transport market to advance the liberalization of civil aviation in Africa.
In the spirit of creating a single market and increased integration of Africa’s 54 nations, stakeholders want airlines operating within the continent to lower fares.
Recent research by the International Air Transport Association (IATA) showed that ‘if just 12 key Africa countries opened their markets and increased connectivity, an extra 155,000 jobs and US$1.3 billion in annual GDP would be created in those countries.’
These are significant figures by any measure and IATA, the trade association for the world's airlines, representing some 260 members, maintains that lowering flight prices in…
The East African Business Council (EABC) and TradeMark East Africa (TMEA) say the unilateral bans on products, high fees by the Agriculture & Food Authority (AFA)-Kenya, trade information asymmetry and single lane road on Kenya’s side stifle business between the two East African countries.
Cross border traders decried the impounding of fish from Kenya destined for the Democratic Republic of Congo worth Ksh40 million in October 2021 by Uganda and import ban on eggs and sugarcane by Kenya.…
The new automated issuance of import and export services which has gone live this month is aimed at providing efficiency and compliance among importers and exporters.
AFA-IMIS which stands for Agriculture and Food Authority of Kenya Integrated Management Information System was collectively launched by Kenya’s Ministry of Agriculture, Livestock, Fisheries and Cooperatives, TradeMark East Africa (TMEA) and AFA to automate agricultural business processes including issuance of permits and licensing. …
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East Africa’s economy is tremendously dynamic and until now, it has been one of the fastest-growing sub-regions in Africa since 2013.
As of 2019, before the covid-19 coronavirus pandemic, the region was expanding at more than double the continental average.
Boasting of having three of the world’s ten fastest-growing economies in 2019, the East African countries of Ethiopia, Rwanda and Tanzania, it is now time for the region to put in place measures that will assure the growth of the region post the coronavirus pandemic.
Is Kenya abandoning trading blocs’ agreements for the US?
Despite the low per capita incomes that have prevailed for decades, the region has experienced some notable social gains including East Africans living 6.7 years longer now on average than they did a decade ago.
But even with these positive trends, the region still suffers from a number of serious vulnerabilities to its ability to sustain …
Commissioning of an Agricultural Trade Information System (ATMIS) in the country will spur rapid growth of the economy as farmers, agro-dealers, regulators and consumers interact easily online.
TradeMark East Africa`s (TMEA) Country Director, John Ulanga said ATMIS is a powerful digital platform that brings together all agriculture stakeholders including experts in the field and markets for commodities.
`Digitization of the agriculture sector will contribute towards rapid economic growth in the East African region because it will provide access of our commodities to the regional market,` Ulanga said while opening training of stakeholders on the how to use ATMIS in Dar es Salaam last week.
He said among other things, the platform will be used by Ministry of Agriculture and Cooperatives to issue permits for various goods and services but also allow farmers and agro dealers pay fees and commission online.
Ulanga further noted that TMEA has invested in the development…