Nairobi, Kenya | Xinhua | East Africa’s economic growth is projected to rise to 4.1 percent in 2021, up from 0.4 percent in 2020, the African Development Bank (AfDB) said on Thursday. According to the East Africa Regional Economic Outlook 2021, the economic performance will be boosted by the ongoing global …
Read More »Design Hackathon to drive innovation among youth
Kampala, Uganda | THE INDEPENDENT | Garage48 in partnership with The Innovation Village, with support from the Estonian Ministry of Foreign Affairs Development Cooperation, has organized a 2-round series of design hackathons happening this year and October 2022, next year. The two design hackathons are a part of the EU: Africa They Journey 2021 and …
Read More »IFC to promote mobile digital loans in East Africa to support SMEs
IFC is working with stakeholders across the East Africa region to extend credit information system to cover the digital mobile lenders Nairobi, Kenya | Xinhua | The International Finance Corporation (IFC) said on Thursday it plans to promote the uptake of mobile digital loans in East Africa in order to boost …
Read More »UN reaffirms support to East African industrialization drive
Dar, Tanzania | Xinhua | The United Nations Industrial Development Organization (UNIDO) has reaffirmed its support to industrialization drive in the East African Community (EAC) region, the EAC said in a statement on Saturday. The statement issued by the EAC headquarters in the northern city of Arusha said the reaffirmation …
Read More »HISTORY: The rise and fall of East African Airways
Aviation | AIRSPACE AFRICA | As surely as her aircraft took to the sky, East African Airways rode the winds of change to carry with it a Pan-African tale. A story which, in its unfolding, not only mirrored but also fell casualty to an equally volatile political climate. The British …
Read More »East African mulls COVID-19 economic recovery plan
Nairobi, Kenya | XINHUA | The East African Community (EAC), a regional economic bloc, is planning to develop a COVID-19 economic recovery plan to help the region rebuild from the negative effect of the pandemic.Juvenal Ndimurirwo, director of finance for the EAC Secretariat, told a virtual meeting Friday that the …
Read More »Airtel records profit growth in East Africa
The company will soon welcome two new minority investors – The Rise Fund and Mastercard – in its mobile money business Kampala, Uganda | ISAAC KHISA | India’s Bharti Airtel operations in East African shrugged off the effects of coronavirus pandemic to record a 15% surge in revenue to US$1.38bn …
Read More »MPs need more time to discuss EAC federation- Kadaga
Kampala, Uganda | THE INDEPENDENT | Speaker of Parliament, Rebecca Kadaga has told a delegation of experts drafting the East African Community (EAC) Political Federation Constitution that legislators will require ample time to make their input on the establishment. Led by Chief Justice Emeritus, Benjamin Odoki, the representatives from Kenya, Rwanda, Tanzania …
Read More »East Africa’s livestock sector reeling from climatic shocks
Climatic shocks have worsened poverty, food insecurity, and income losses to smallholder farmers and pastoralists in the region Nairobi, Kenya | Xinhua | The livestock sector across the East and Horn of Africa has experienced a slump in productivity due to climatic shocks including frequent droughts, experts said at a virtual …
Read More »East African leaders told to learn from Magufuli’s mistakes and achievements
Kampala, Uganda | THE INDEPENDENT | The East African Law Society -EALS has called on leaders of East Africa to learn from the mistakes that John Pombe Magufuli, the former President of Tanzania made during his five year term. Magufuli who led Tanzania from 2015, died on 17th March 2021, and …
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