Our Correspondent | Africa Guardian The United States Agency for International Development (USAID), in partnership with TradeMark Africa (TMA) and the East African Business Council (EABC), has introduced a $508,000 grant fund aimed at enhancing capital and credit access for over 220 small enterprises in East Africa. David Rogers, USAID’s Deputy Director for the East African region, highlighted that…
By Our Correspondent | Africa Guardian Intra-regional trade among East African Community (EAC) member states is poised for significant growth if the private sector actively promotes the “Buy East African, Build East Africa” initiative. Veronica Nduva, the EAC Secretary General, made this call at a roundtable discussion for chief executives from major companies within the East African Business Council…
Dar es Salaam, Tanzania | The East African Business Council (EABC) has applauded Tanzanian President Samia Suluhu Hassan for allocating three hectares of land for building its headquarters in the East African nation’s northern city of Arusha, the EABC said in a statement late Friday. Hassan on Friday handed over to EABC CEO John Kalisa a title deed for a…
Summary Top EAC exports to Africa included precious stones, coffee, tea, cement, animal fats, mineral oils and iron and steel. Exports from the East African Community (EAC) bloc to Africa soared to $7.9 billion in 2021 in spite of Covid-19 impact. They comprised 42 percent share of the region’s total exports of goods to the world which was $18.7…
THE East African Business Council (EABC) board has shaped the new business priorities for Intra-EAC trade growth and economic resilience. This was stated by the EABC Chairperson Ms Angelina Ngalula during the 84th meeting outlining priorities that were set to boost Intra-EAC trade and investments that were held in Dar es Salaam over the weekend. In her speech to…