Posts in category

African Economy


Worth Noting: Due to shortage of electricity in Uganda, and especially amidst the pandemic, many students fail to study, economy has failed to grow because the many informal sectors cannot manage to purchase a unit of electricity, poor social economic development and poor standard of living of people. Many families live in the high poverty …

By: Angela Maina Worth Noting: The agreement was signed by Kenya’s Amb. Johnson Weru and Tanzania’s PS for the Ministry of Trade Doto James after a three-day bilateral in Mombasa. The 12 issues resolved touched on customs and movement of persons, standards, and agriculture as well as transport. The two countries agreed approval of the …

MDBs publish 2020 Joint Report on Multilateral Development Banks’ Climate Finance; Eight MDBs committed $66 billion for climate finance in 2020, up from $61.6 billion; Of the total, 58 per cent was committed in low- and middle-income countries. Climate finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year …

World Peace Tracts has started the process by creating the Pan African Peace Accords, which will help bring about an economic solution for peace through capital acquisition opportunities By: World Peace Tracts 2021 Worth Noting: Peaceful Solutions to African Economies and Sustainable Peace provides an overview of the current state of Africa’s economy in relation to …

By: Min of Finance DRC The Arab Bank for Economic Development in Africa (BADEA) is eager to engage in business with the Democratic Republic of Congo (DRC) through a win-win partnership with the Congolese Government. For this reason, its Managing Director, Dr. Sidi OULD TAH signed on Thursday 17th June 2021 with the Minister of …

By: Paul Wahome email@paulwahome.site Worth Noting: Similarly with Ethiopia’s transits happening through the Addis Ababa to Djibouti corridor, the southern region has consistently been isolated from major infrastructural projects and development over the years. All the six inland ports are concentrated in the central and Eastern regions of the country. South Sudan has also been …

East Africa plays host to two of the continent’s most modernized rail transport system. Regional economic giants, Kenya and Ethiopia both launched Standard Gauge Railways (SGR) in less than year. Both SGRs underscore the deepening Sino-Africa engagement given that both were predominantly financed and built by the Chinese. Both countries primarily aim to boost transport (passenger) …

Worth Noting: Similarly with Ethiopia’s transits happening through the Addis Ababa to Djibouti corridor, the southern region has consistently been isolated from major infrastructural projects and development over the years. All the six inland ports are concentrated in the central and Eastern regions of the country. South Sudan has also been marginalised in the United …

By: Samuel Kimani  @MountKenyaTimes Worth Noting: “You are free to come and trade here in Kenya, there will be no business visas or work permits as long as you abide by the laws of the land,” he said. East African Business Council (EABC) Chairman Nick Nesbitt further identified the barriers to trade as the reason …

Worth Noting: An entrepreneur is someone who works to solve other people’s problems in order to satisfy their needs and make a profit. A tomato seller in the market, a gang, a charcoal seller on the street, and other small traders, for example, are there to solve problems and make money. Life isn’t enough for …