Addis Ababa, Ethiopia | XINHUA | The African Continental Free Trade Area (AfCFTA) will create new opportunities for China-Africa cooperation, an Ethiopian expert said on Tuesday. Speaking to Xinhua, Gedion Jalata, a senior advisor to the UNDP South- South Cooperation and a former consultant to UNECA-Capacity Development Division, said the …
Read More »China urges U.S. to discard Cold-War mentality, ideological bias
Beijing, China | XINHUA | China on Thursday urged the United States to discard its Cold-War mentality and ideological bias, and work with China to move forward bilateral relations along the track of coordination, cooperation and stability. Chinese foreign ministry spokesperson Zhao Lijian made the comment at a press briefing …
Read More »East Africa urged to reopen regional air transport services to boost trade
Kampala, Uganda | XINHUA | The East African Business Council (EABC) on Wednesday urged the East African Community (EAC) partner states to fast track re-opening of the air transport services in order to boost regional trade, tourism and hospitality sectors. Peter Mathuki, executive director and CEO of EABC, a …
Read More »How to boost cross-border financing solutions in Africa
Kampala, Uganda | Isaac Khisa | How can African countries boost cross-border financing solutions on the continent? This was the main issue discussed during the Pan-African e-conference hosted by the United Capital PLC, a Nigerian-based financial and investment Services Company, on Friday. Peter Ashade, the Group CEO at United Capital Plc. …
Read More »Uganda’s trade in East African region has increased to 21 percent
Kampala, Uganda | THE INDEPENDENT | A report on East Africa interstate trade has revealed that Uganda’s trade in the region has increased to 21 percent up from 14.6 percent in the last two years. The increase in the last two years is 6.4 percent. Statistics shared by East Africa Community- …
Read More »Tycoon and a tea-seller’s son: Trump, Modi forge bonhomie
New Delhi, India | AFP | They hail from vastly different backgrounds — Donald Trump is the son of a property tycoon while Narendra Modi is a descendant of a poor tea-seller. Yet the two teetotallers, loved by right-wing nationalists in their home countries, share striking similarities that have seen …
Read More »France, US agree to extend digital tax row talks
Paris, France | AFP | Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on digital giants to the end of the year, postponing Washington’s threat of sanctions against Paris, a French diplomatic source said Monday. The source said the French and …
Read More »UK PM raises visas in pitch for post-Brexit trade with Africa
London, United Kingdom | AFP | Prime Minister Boris Johnson told African leaders Monday that Britain would be more open to migrants from their continent after Brexit as he hosted a summit intended to boost trading ties. He also promised an end to direct UK state investment in thermal coal mining …
Read More »French companies keen on partnering with Ugandan firms
Kampala, Uganda | RONALD MUSOKE | Following a series of high-level meetings with President Yoweri Museveni and local business executives, Momar Nguer who recently led a business delegation of top French executives to Uganda declared the mission a success. The 25-member delegation recently traveled to Kampala under their MEDEF …
Read More »Kadaga, Ethiopian counterpart call for improved transport infrastructure
Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga and her Ethiopian counterpart Tagesse Chafo have called for improved transport infrastructure across the African continent in order to ease movement of persons and improve trade. The two Speakers observed a need to improve the existing road, rail and …
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