Tag Archives: industrialization

To achieve the aspirations of the AfCFTA, Africa’s industrialization and transformation agenda need to be supported at the highest national, regional, continental and global levels Addis Ababa, Ethiopia | Xinhua | The African Union (AU) has called on African countries to mutually reinforce the African Continental Free Trade Area (AfCFTA) Agreement …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said he will engage the Speaker of Parliament to fast-track the amendment of the Umeme Act, and ensure that electricity goes directly from generation to the industrial consumer to spur economic growth through industrialization. “Power should go directly from generation to …

Arusha, Tanzania | Xinhua | Member states of the East African Community (EAC) have been urged to expedite the comprehensive review of the EAC Common External Tariff (CET) in order to promote trade and industrialization in the region, the EAC said in a statement released on Monday. Betty Maina, chairperson of …

Nairobi, Kenya | Xinhua | The Africa Export Import (Afrexim) Bank has committed 133 billion shillings (about 1.2 billion U.S. dollars) to fund industrialization in Africa, the bank said on Thursday. Maureen Mba, head of MANSA Initiative, Afrexim Bank told Xinhua in Nairobi that the funds will be made available to …

  NRM MANIFESTO WEEK | To promote the establishment of mini-industries at zonal or sub-county level, the Ministry of Trade, Industry and Coorperatives  through the Rural Industrial Development Programme (RIDP), sixty three (63) enterprises with a focus on the following value chains: milk, coffee, maize, sim sim, wood and wood products, …

Kampala, Uganda | THE INDEPENDENT | The government has drawn a plan that it hopes will increase the level of industrialization to 31.7% of the value of the Ugandan economy (GDP) in the next 10 years up from the current 27% recorded in 2018/2019. The new National Industrial Plan, it is hoped …

Addis Ababa, Ethiopia | XINHUA | The industrialization and trade potential of the African Continental Free Trade Area (AfCFTA) agreement cannot be realized without adequate quality infrastructure systems, a new report by the United Nations and the African Union (AU) report said. The newly published report, entitled “Identifying Priority Products …

Nairobi, Kenya | XINHUA | Stronger China-Africa ties are key to the post-COVID-19 economic recovery of the African continent, a Kenyan scholar said on Sunday. Peter Kagwanja CEO, Africa Policy Institute, a regional think tank, said in a commentary published in the Sunday Nation that as the global COVID-19 crisis …

Nairobi, Kenya | XINHUA | African countries should leverage on robust bilateral ties with China to boost action on COVID-19 pandemic and hasten growth of the continent’s manufacturing sector, experts said on Tuesday. Speaking at a virtual forum in Nairobi, the experts from Africa and China noted that Africa’s COVID-19 battle …

Kampala, Uganda | THE INDEPENDENT  |  President, Yoweri Museveni has warned the general public and investors against encroaching on wetlands. He says the structures constructed in wetlands block water, which can lead to severe floods. Speaking to journalist at the Jinja based State Lodge on Tuesday night; Museveni said government shall …