Tag: Rwanda
Eastern and Southern Africa’s COMESA is a Major Market Place for Internal and External Trading
By Abdi Ali Published March 30, 2024 The Common Market for Eastern and Southern Africa (COMESA) is a regional economic community in Africa with twenty-one member states stretching from Tunisia in the north to Eswatini in the south. COMESA was formed in December 1994, replacing a Preferential Trade Area which had existed since 1981. Djibouti,…
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East Africa Region to Register Highest Economic Growth in Africa
By African Development Bank Published August 1, 2023 East Africa will register the highest regional economic performance on the continent in 2023 and 2024. African Development Bank, in its 2023 East Africa Economic Outlook report launched on July 27, 2023, projects mid-term economic growth in the region to accelerate to 5.1% in 2023 and 5.8%…
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African Development Bank-Funded Project Boosts Universal Access to Water in Rwanda
By African Development Bank Published June 18, 2023 Esther Mukantwali of Rwangara Village in Bugesera District, about 18 km south of Rwanda’s capital, Kigali, used to wake up at 3:00 in the morning to trek for an hour to fetch water from a swamp. The story is the same for 18-year-old Umuhoza Francine who lives…
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Renovation of Meter Gauge Railway to Bolster East African Community Regional Trade
By African Development Bank Published January 4, 2023 African Development Bank is providing US$301 million to overhaul the Kampala-Malaba Meter Gauge Railway (MGR) in Uganda. The railway line is part of the East African Community’s Northern Corridor linking the capital, Kampala, to Kenya’s coastal city of Mombasa. The East African Community Railway Rehabilitation Support Project…
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Finalists for Africa’s Business Heroes Prize Announced
By Abdi Ali Published October 5, 2022 An initiative established in Kigali (Rwanda) to identify, support and empower entrepreneurial talent from across Africa has announced 10 finalists for its 4th annual Africa’s Business Heroes (ABH) Prize Competition. The shortlisted top 10 finalists are expected to take the stage at the competition’s grand finale in November…
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