February 2011 Blog Posts (12)

Members of the business community in East Africa have chosen Ms Consolata Ndayishimiye, the President of Federal Chamber of Commerce and Industry of Burundi Rwanda as the new Chairman of East African Business Council.

 

Ms Nadayishimiye was elected at EABC Annual General Meeting held on February 25th, 2011 in Bujumbura, Burundi. She succeeds Mr Faustin Mbundu who will still serve on the EABC Executive Committee as the immediate Past Chairman.

 

Ms Ndayishimiye…

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A two-day workshop to review the East Africa Corridor Diagnostic Study (CDS) opened today at the Mlimani City Conference Center in Dar es Salaam Tanzania. The acting Permanent Secretary in the Ministry of Transport, Mrs Sihanga Nkinga opened the workshop on behalf of Tanzania's Minister of Transport Hon. Omari Nundu.

Stakeholders from the EAC and beyond are expected to provide their inputs on the proposed integrated Action Plan for the development as well as improvement of the region's…

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 The World Bank Board of Executive Directors of the International Development Association  (IDA) approved financing to the Government of Rwanda in the amount of US$104.4 million equivalent to support the implementation of key reforms outlined in its Economic Development Poverty Reduction Strategy (EDPRS). Given Rwanda’s status as a blend country, US$70 million of the funds are on IDA grant terms and US$34.4…

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In a move that is set to improve air quality and reduce vehicle emissions across East Africa, Kenya has officially launched its transition to low-sulphur diesel. Containing only 5% of the amount of sulphur present in Kenya's previous diesel supply, the cleaner fuel is already available in limited stations and will soon be present in pumps across the country.

 

This new milestone for cleaner fuel in East Africa is the result of the work of the Partnership for Clean Fuels and…

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The international Trade Law Capacity Building Project was formally launched in Kigali (Rwanda), on February 11, 2011, by Rwanda’s President, Paul Kagame, and the African Development Bank (AfDB) Group President, Donald Kaberuka. This major legal capacity building project is a joint program of the African Legal Support Facility (ALSF) and the Pan-African Lawyers’ Union (PALU). It is designed to strengthen international trade law practice on the continent and build the rule of law in the…

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Dear All,

 

AARHUS TECH is looking for East Afriacan experts within vocational education and training (VET) and labour relations for future development projects. Within the near futur AARHUS TECH expects to bid for development projects within VET and labour relations for which East African experts will be required. Should you have work experience inwith VET, training needs assessment, curriculum development for specific trades, labour relations, dispute resolution, social…

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The East African Community and the World Bank today signed a grant agreement worth USD 16 million to support a project that will transform the EAC's financial services sector.

 

The agreement to fund the EAC Financial Sector Development & Regionalization Project was initialed by Secretary General Amb. Juma Mwapachu on behalf of the EAC and Country Director for Tanzania, Uganda and Burundi Mr. John Murray McIntire, on…

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This week Africa Business Communities meet with Taha Jiwaji, Founder and CEO of Bongo Live! on bringing mobile and SMS based services to empower businesses, NGOs,…

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Lonrho is pleased to announce that it has signed a Sales and Purchase Agreement  to acquire the AFEX Group of Companies subject to certain conditions, at Lonrho's sole discretion,  being satisfied. AFEX is a service provider based in Kenya that owns and manages secure accommodation based in Kenya and Juba, Southern Sudan. The company also provides management; catering; housekeeping; communications, and internet access, to clients staying at its bases. AFEX also supplies logistical and base…

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The InReturn East Africa Fund (EAF) invests in carefully selected small- and medium-sized enterprises (SMEs) with the potential for rapid growth in market share and profitability. Founded in 2007, InReturn is managed by local and international entrepreneurs who put their own money at risk. In addition to providing financial support, InReturn takes an active mentoring role with company management.



InReturn’s focus countries –… Continue

IFC is providing a $24 million loan to Roofings Rollings Mills Limited to help the Ugandan steel products manufacturer expand its operations in Uganda and the Great Lakes region. The investment is expected to create job opportunities and boost local economic growth.

 

IFC’s loan will help Roofings Rollings Mills finance an expansion program over the next two years. The company plans to establish a wire galvanizing plant, a hot rolling mill complex, and a cold rolling mill…

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Manufacturing index 63.88 and non-manufacturing index 61.33 both indicating expansion

Africa Business Panel has published the first pan African Business Confidence Index (ABCI). The index measures business confidence in the manufacturing and non-manufacturing private sector…

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