Kicking out Foreigners In the draft Microfinance Regulations of 2024, the Bank of Tanzania (BoT) has elected to bar the employment of non-Tanzanians in its microfinance service sector. In a move targeting non-deposit-taking microfinance service providers and geared at taming …
Sowing for Domestic Food Security The action plan to accelerate global business and investment in Africa, developed by the World Food Program in collaboration with the African Continental Free Trade Area (AfCFTA) cited agriculture and agro-processing as a critical sector. …
Investment in Africa Action Plan At this year’s Africa Property Dialogue held in Ghana, the AfCFTA secretary-general shared Africa’s economic renaissance under the framework with an expected 4% growth in 2024. This underlines a crucial starting point towards the realization …
Pomp and Empty Stadia Africa’s most prestigious sports competition, the African Cup of Nations (AFCON), currently in its 34th edition kicked off in Code d’Ivoire amid concerns around half-filled stadiums, a phenomenon that keeps on recurring. While the tournament is …
The East African Community Secretary General reaffirmed the regional bloc’s commitment to fostering integration and collaboration in his New Year address citing the implementation of the EAC Customs Union and Common Market Protocols to increase intra-trade. This comes at a …
Inexcusable Blunders Kenya’s call for increased compulsory consumption of local music and entertainment content is perhaps the most conspicuous divergence the country has had in prioritizing the economics of quality products and services. Despite her efforts to embrace capitalism and …
A Year of Gainful Milestones The African Continental Free Trade Area (AfCFTA) agreement saw significant gains in 2023 creating significant hope around the operationalization of the framework and making of inroads towards the realization of a single continental market. As …
Guaranteeing Cross-Border Movement The African private sector continues to make true its promise of owning and driving Africa’s continental free trade, particularly under the African Continental Free Trade Area (AfCFTA) agreement which seeks to create a single African market of …
Vetting and Verifying Somalia Credentials At the Africa Investment Forum Held in Marrakech, Morocco, on November 9, East African Community (EAC) Secretary General Dr. Peter Mathuki disclosed that Somalia was on the verge of being admitted into the community within …
Awakening the Competition Authority Recently, I expressed my fears over a long history of mistrust that has slowed the regional integration and formation of a single market for the East African Region. Perhaps the answer lies in the youngest of …
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