Eastern and Southern Africa’s COMESA is a Major Market Place for Internal and External Trading

Map of Common Market for Eastern and Southern Africa Member States

Eastern and Southern Africa’s COMESA is a Major Market Place for Internal and External Trading

March 30, 2024March 30, 2024

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…

China has agreed to give Uganda a US$30 Million grant to support the modernisation of Uganda Revenue Authority (URA)

Africa Finance Corporation’s Investment to Transform Petroleum Product Transportation

August 15, 2023

By Africa Finance Corporation Published August 15, 2023 Africa Finance Corporation (AFC) has invested US$95.25 million in Mahathi Infra Uganda Limited to finance the construction of two self-propelled barges for operation on Lake Victoria, providing a more efficient and less carbon intensive alternative to traditional trucking. The financing will also…

Prof Njuguna Ndung’u, Kenya's Minister for National Treasury and Economic Planning,

East Africa Region to Register Highest Economic Growth in Africa

August 1, 2023

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…

The Kampala-Malaba MGR is part of the multi-modal Northern Corridor route, which includes road transport from Mombasa in Kenya to landlocked Uganda and neighboring countries, including Rwanda, Burundi, South Sudan and Eastern DR Congo. The corridor also has maritime links with Lake Victoria’s inland waterways.

Renovation of Meter Gauge Railway to Bolster East African Community Regional Trade

January 4, 2023

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…

Africa’s youth can play a key role in building businesses, creating jobs, providing value, and innovating – things which Africa desperately needs

Reimagining Youth Skills Development for Africa’s Future

September 9, 2022

By Khalifa Hemed Published September 9, 2022 Though Africa is said to have the youngest, fastest-growing population in the world, with more than 400 million people aged 15 to 35 years, the continent is also plagued by high levels of unemployment and limited educational opportunities for the youth. Africa Frontiers…

Well known South African singer, Yvonne Chaka Chaka AKA The Princess of Africa, wowed the audience with her awesome performance and entertainment.

Top African Women Innovators and Entrepreneurs Awarded

December 26, 2021December 27, 2021

By Iminza Keboge Published December 26, 2021 Africa Women Innovation and Entrepreneurship Forum (AWIEF) has announced the winners of its AWIEF Awards for 2021. Out of 24 women founders and entrepreneurs from Egypt, Ethiopia, Ghana, Kenya, Mali, Nigeria, South Africa, Tanzania, Uganda, Zambia and Zimbabwe selected as top finalists, 8…

IPO-Eastern Africa Network

Tag: Uganda