East Africa: EAC Short of Trade Finance

Wakanda News Details

East Africa: EAC Short of Trade Finance

[Daily News] GROUNDBREAKING report has warned that on East African Community (EAC) Partner States and the horn of Africa a limited access to trade finance hinders the region from playing a significant role in global commerce.

Source: allAfrica.com

You may also like

Chiredzi school heads, DSI clash over Unicef grant

CHIREDZI district schools inspector Petronella Nyangwe is in the eye of a storm after school heads in the district accused her of corruptly cherry-picking certain suppliers to benefit from a United Nations Children’s Fund (Unicef) Schools Improvement Grant (SIG). BY GARIKAI MAFIRAKUREVA The school

fave

Source: NewsDay Zimbabwe - Everyday News for Everyday People

Africa: WTO - Okonjo-Iweala's Nomination Violates AU Rules - Official

In a diplomatic note through Nigeria's mission in Addis Ababa, Ethiopia, which hosts the AU headquarters, Mr Buhari announced Mrs Okonjo-Iweala as the country's candidate for the WTO

fave

Source: allAfrica.com

Agribank lines up forex loans

BY SHAME MAKOSHORI STATE-RUN agricultural lender Agribank says it has lined up foreign currency-denominated loans for exporters to boost the country’s hard currency reserves following years of protracted trade deficits. Twinned with this strategy, Agribank will be scouting for regional

fave

Source: NewsDay Zimbabwe - Everyday News for Everyday People

ZimTrade set to launch online store

BY MTHANDAZO NYONI ZIMBABWE’S export promotion body ZimTrade is set to launch an online store, Shop@Zim, a platform that will enhance engagement of local companies with international buyers as well as improve the visibility of locally produced products and services. With the outbreak of the

fave

Source: NewsDay Zimbabwe - Everyday News for Everyday People

Alfonso I [King] (?- 1543)

Born Nzinga Mbemba, King Alfonso I was the leader of theKongolese people in the early part of the 16th Century. Mbemba developed a strong trade relationship withthe Portuguese and adopted Catholicism as a result of this relationship. Theinfluence of the Catholic faith reached every aspect of the

fave

Source: Black Past

How George Floyd’s death united Africans and African-Americans - African American News Today - EIN News

a sense that African-Americans whose forebears were enslaved in unison with their African-American neighbors. For Herman trials of the African-American experience and the Africa – and African Americans. Our African-American brethren finally believe

fave

Source: Christian Science Monitor

CEOs Are Increasingly Optimistic about Doing Business in China During Biden Presidency – The Wilmington Journal

JAKARTA, Indonesia — Despite uncertainties over Joe Biden’s approach to trade with China, major U.S. companies are optimistic about the business outlook under the new administration. The American Chamber of Commerce in Shanghai found that [...]

fave

Source: The Wilmington Journal

How Burkina Faso’s ‘School For Husbands’ is turning men to darlings

It is to resolve such knotty issues and foster peace in various homes that the School For Husbands was instituted in Mamboué, in the Houndé commune in western Burkina

fave

Source: Face2Face Africa - The Premier Pan-African Voice

Burundi Joins Congo Demanding Nearly $43 Billion in Reparations from Belgium For Its Colonial Past

Burundi joins the Congo in demanding nearly $43 billion in reparations from Germany and Belgium from the long stem effects of their colonization.

fave

Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent

EDITORIAL: Middle income status opens new realities for Dar

There is cause for the country to celebrate, but it should not throw caution to the wind.

fave

Source: The East African

Okonjo-Iweala is 1st woman, African to lead world trade body - Los Angeles Sentinel

Nigerian economist Ngozi Okonjo-Iweala was appointed Monday to head the World Trade Organization, becoming the first woman and first African to take on the role amid rising protectionism and disagreement over how the body decides cases involving billions in sales and thousands of

fave

Source: Black News Black Press | Los Angeles Sentinel | Los Angeles Sentinel | Black News

Review of 2020 African polls [1] – Tanzania, Burundi, Seychelles, Malawi | Africanews

Elections generally have become a key fixture on the African news calendar and the year 2020 was no

fave

Source: Africanews | Latest breaking news, daily news and African news from Africa

Burundi: Princess Sarah Zeid of Jordan Supports Government of Burundi and WFP to Improve Mother and Child Health

[WFP] Bujumbura -- The World Food Programme (WFP) Special Advisor on Mother and Child Health, Her Royal Highness Princess Sarah Zeid of Jordan, visited Burundi for a week to encourage the mission of the government and WFP to improve the nutritional health of mothers and children.

fave

Source: allAfrica.com

Africa: Stanbic IBTC Supports Africa-China Trade Relations

[This Day] Stanbic IBTC Bank Plc has reiterated its commitment to the nation's economic development by fostering international trade.

fave

Source: allAfrica.com

Ethiopia: Conflicts and Regional Leadership in the Chaotic Hoa

[Reporter] The Horn of Africa (HoA) sometimes raises a metaphorical question whether its name contributed to its conflicts. 'Shall we get rid of the horn from the name?' some ask, allegorically. The adjectives "conflict ridden" and "war torn" have been associated with this region for decades.

fave

Source: allAfrica.com

Kenya nominates Amina Mohamed for WTO top job

Amina Mohamed will contest against five other candidates, including two from Africa, to secure the seat that eluded her seven years ago.

fave

Source: Business Daily

Intra-EAC trade thins as Covid-19 lockdowns restrict movement

East African Community intra trade volumes have reduced to about 40 per cent due to Covid-19 measures as the World Trade Organisation warns of a worldwide drop in merchandise

fave

Source: The East African

Comerica Bank and National Business League Announce $1 Million Commitment to Support Black-Owned Small Businesses

Comerica Bank recently announced its $1 million commitment over four years to the National Business League as part of a national partnership that will launch the Black Capital Access Program (BCAP), an access to capital initiative to assist Black businesses across the

fave

Source: Houston Forward Times - Reporting The Truth | Affecting Change | Moving Forward

African Countries Embracing Biometrics, Digital IDs

[Africa Renewal] From the spread of digital apps, like the Nigerian-based FarmCrowdy, which is helping farmers utilize technology to improve their operations, to Mpesa - the mobile money in East Africa, to the millions of mobile phone connections in sub-Saharan Africa, bypassing fixed-telephone

fave

Source: allAfrica.com

US Embassy presents laboratory supplies to Ministry of Health and Sanitation

Sierra Leone Telegraph: 6 December 2020: Demonstrating the United States’ commitment to battling COVID-19 at home and supporting US partners around the world, on December 2, 2020 U.S. Ambassador Maria Brewer presented COVID-19 related supplies and equipment to the to the laboratory team of the

fave

Source: SIERRA LEONE TELEGRAPH – Sierra Leone News

Africa: Six Reasons Why Africa's New Free Trade Area Is a Global Game Changer

[Namibia Economist] Caroline Kende -- Launched on 1 January, the AfCFTA is an exciting game changer. Currently, Africa accounts for just 2% of global trade. And only 17% of African exports are intra-continental, compared with 59% for Asia and 68% for Europe.

fave

Source: allAfrica.com

South Africa: Who Has Been Hit Hardest By South Africa's Lockdown? We Found Some Answers

In trying to limit the spread of COVID-19, policymakers globally have the difficult task of balancing the positive health effects of lockdowns against their economic costs, particularly the burdens lockdowns impose on low-income and food-insecure

fave

Source: allAfrica.com

East Africa: EAC Partner States Get Five Years to Join Kenya-UK Trade Deal

[East African] East African Community member states have up to five years to join the UK-Kenya trade agreement due to be signed ahead of the Brexit transitional deadline, officials privy to the draft text say. They added that the new document has also shielded budgetary cuts that had been imposed

fave

Source: allAfrica.com

India Pins Hope on Biden for Resuming Trade with Iran – The Wilmington Journal

KOLKATA — After a dip in trading relations with Iran following the 2018 sanctions by the Trump administration, India is looking to revive its relations with the Gulf nation under the Biden administration in 2021. [...]

fave

Source: The Wilmington Journal

African, East European fresh foods virtual trade fair can be template for Caribbean - Stabroek News

With the COVID-19 pandemic challenging the international community to find ways around the restraints imposed by social distancing, there is evidence that some countries are already embracing technology to arrive as close as they can to a condition of normalcy insofar as interaction associated with

fave

Source: Stabroek News - Guyana's Most Trusted Newspaper

Sales spike for black-owned haircare brand as lockdown boosts self-care movement - Voice Online

AS BEAUTY salons and hairdressers closed around the world, British black-owned haircare brand Flora &... The post Sales spike for black-owned haircare brand as lockdown boosts self-care movement appeared first on Voice Online.

fave

Source: Britain's Favourite Black Newspaper - Voice Online

AfDB-backed investors plan Sh7. 5bn cold storage facility at Tatu City

A group of investors backed by the African Development Bank (AfDB) has announced plans to set up a Sh7.5 billion cold storage facility at Ruiru’s Tatu City development.

fave

Source: Business Daily

United Kingdom now third biggest buyer of Kenyan goods

Kenya Flower Council, a lobby for large-scale flower farms, said the UK left its skies open longer than the Netherlands.

fave

Source: Business Daily

East African Partners Throw Kenya Under the Bus in Brexit Talks

[East African] Kenya's multimillion-dollar trade with Britain hangs in the balance after its East African Community partners failed to agree on the timeline for negotiating a new, post-Brexit trade deal.

fave

Source: allAfrica.com

MORGAN: South Sudan rightfully belongs to AU, Igad and EAC

South Sudan Ambassador to Ethiopia and Permanent Representative to the African Union, James Morgan, spoke with Fred Oluoch about the country’s recent suspension by African Union over $9m

fave

Source: The East African

More from allAfrica.com

Liberia: Oil Prices Expected to Go up Globally

Nigeria: Rivers Maintains Top Overall Fiscal Performance Position Among Nigeria's 36 States - Report

Nigeria: Why Nigerian Govt Must Release Nnamdi Kanu Even If It Appeals Court Ruling - Lawyer

Nigeria: 2023 - Voting Processes Circulating Online Are Untrue - INEC

Liberia: Jeety Continues Daily Hot-Meal Service to Hundreds Despite Chronic Rice Shortage in the Country

Liberia: Ministry of Mines and Energy Terminates Several Mining Licenses

Liberia: Change Agent Network Partners With GGAA to Build Educational Village in Grand Gedeh County

Nigeria: BVARS Will Be Game Changer in 2023 Elections - Jega

Nigeria: Non-Oil Sector Remains Only Solution to Economic Transformation - Yakusak

Nigeria: NFF - Task Before Gusau

Nigeria: Time for a Policy On Plastics

Nigeria: AFN Canvasses Votes for World Athlete of the Year Nominee, Amusan

Africa: Two Official Posters Launched for Beach Soccer AFCON Mozambique

Africa: Big Winners Sundowns, Simba Not Taking Chances in Return Tie Fixtures

Africa: Reform Needed As Big Business, Not Vulnerable Communities Benefit From Post-Pandemic Support

Africa: WHO Director-General's Opening Remarks At the Member State Information Session On Covid-19 and Other Issues - 13 October 2022

Africa: WHO Convenes Global Experts to Update Guidance On National TB Prevalence Surveys

Liberia: Tweah Projects 6,000 New Teachers for Liberia to Bridge Education Gap

Ghana: Agradaa Remanded Again, to Appear Oct. 17

Liberia: Commemoration of the International Day of the Girl Child

Liberia: 2023 Elections Delay Likely As Controversial Chinese Company, Ekemp Int'l Takes NEC to Supreme Court Over Bid Re-Demonstration

Nigeria: Yahaya Bello Versus Aliko Dangote

Nigeria: The Renewed Fight Against Yakubu and His BVARS

Somalia Marks Five Years Since Deadly Terror Attack in Mogadishu

Sudan: NUP Says Parties Are 'Rapidly' Moving Towards Agreement

Sudan: 'Imminent Agreement' Between FFC-CC and Military

Cameroon, Chad Say Border River Floods Displace 100,000

Africa: Opening Remarks at Press Briefing on the Regional Economic Outlook

Africa: Sub-Saharan Africa - Living on The Edge

Africa: How Western Countries Could Stop Africa Making Vaccines of the Future

Africa: Global Crises Plunge Millions Into Acute Food Insecurity

Nigeria: Let's Eradicate Polio – an Urgent Health Priority

Nigeria: Hidden Wars - How to Build Peace in a Troubled Country

Africa: 13 Times 'The Daily Show With Trevor Noah' Put a Spotlight On Africans

Africa: Adapt and Survive - 5 Ways to Help Countries Cope With the Climate Crisis

Africa: China Party Congress - What Would Xi Third Term Mean for Africa?

Africa: IMF Raises Concerns About Food Security in Nigeria, Other Sub-Saharan African Countries

Nigeria: Army, Navy, Police Among Oil Thieves, Own Refining Camps

Nigeria: Burna Boy's Mother to Be Honoured in London

Nigeria: NiCare and the BHCPF Give Edokota PHC a New Look

South Africa: No. Zimbabweans Are Not Trying to Kill You With Mossie Pills

Nigerian Govt Reacts to Suspension of ASUU Strike, Vows to Prevent Future Occurrences

Lesotho Elections - Newcomers Score Impressive Win, but Politics Will Still Be Unstable

West Africa: Western Sahel Conflict Sees Dramatic Rise in Year-Over-Year Deaths

South Africa: Rolling Blackouts Are Here to Stay

Nigeria: Our Plan for Nnamdi Kanu Still Under Review, Nigerian Govt Insists

Nigeria: COP27 - Nigeria Inaugurates National Logo, Lists Top Priorities, Expectations

Burkina Faso Holds Security Forum Two Weeks After Military Coup

Egypt: PM Inspects Electric Cars Roaming Sharm El Sheikh for COP27

Algerian Journalist Nadir Kerri Briefly Detained and Placed Under Judiciary Control

Education Facts

Facts About Women

Blackfacts BETA RELEASE 11.5.3
(Production Environment)