Tag Archives: exports

Dar es Salaam, Tanzania | Xinhua | The East African business watchdog called for deliberate actions to bring down the cost of transport and logistics to ensure exports compete at domestic and international levels. In a statement issued late Thursday, the East African Business Council (EABC) said EAC transport costs are …

Abuja, Nigeria | Xinhua | The ongoing Russia-Ukraine conflict resulting in the disruption of wheat exports has pushed wheat prices higher by 60 percent in Africa, President of the African Development Bank (AfDB) Akinwunmi Adesina said in Abuja, the Nigerian capital, on Tuesday. Adesina, in a meeting with Nigerian President Muhammadu …

Kampala, Uganda | THE INDEPENDENT | Uganda is responsible for the continent’s decline in coffee exports in February 2022, a new report by the International Coffee Organization (ICO) indicates. The March 2022 Coffee Market report shows that exports from Africa fell from 1.11 million bags in February 2021 to 975,000 bags …

Ottawa, Canada | Xinhua | The various trade sanctions against Russia indirectly drove up Canadian export values with higher demand and substantial price increases, Statistics Canada said Tuesday, publishing trade data in February with crude oil contributing the most to the export growth. According to Statistics Canada data, total trade (exports …

Moscow, Russia | Xinhua | Russia will be more prudent this year in exporting food, especially to countries that are pursuing a hostile policy towards Russia, President Vladimir Putin said Tuesday. “This year, against the backdrop of a global food shortage, we will have to be more prudent in our food …

Kampala, Uganda | THE INDEPENDENT | The European Union and the Private Sector Foundation Uganda (PSFU) have revived the Sustainable Business for Uganda (SB4U), a trade improvement initiative that was disrupted by the COVID-19 outbreak, one year after its launch. The platform launched in 2019 is aimed at enabling Uganda’s export …

Planned increases by the OPEC+ countries are sufficient to address any shortages that may occur in the crude oil supplies to the world markets Baghdad, Iraq | Xinhua | Iraq said on Wednesday that its crude oil exports are in line with the consumption in the world oil market, ruling out …

Addis Ababa, Ethiopia | Xinhua | Africa welcomes the “generous offer” China is set to provide members of the African Union (AU) to help augment exports in the coming years, a senior official has said. Wamkele Mene, the secretary-general of the African Continental Free Trade Area (AfCFTA), told Xinhua that …

Brussels, Belgium | Xinhua | The European Union will not renew its mandatory approval system for COVID-19 vaccine exports when it expires at the end of the year, the European Commission said on Friday. This means that vaccine producers will no longer have to request authorization to export vaccines outside the …

Mbarara, Uganda | THE INDEPENDENT | Uganda has secured a new market for its milk in Zambia following a long unresolved impasse with Kenya which was the largest market for Uganda’s exports. Since December 2019 when Kenya authorities ceased at least 3000 bags of powdered milk and packets of Lato …