East Africa Community finance minister wary of Gulf war impact on economies as they unveil budgets
The region is seen as highly vulnerable to the trade turmoil arising from the conflict given its reliance on fuel and fertiliser imports – concerns which prompted the African Development Bank to cut the region’s growth forecast for this year by half a percentage point.
How Kenya plans to cut transit time from Mombasa port to Uganda border from 76-80 to 36-48 hours
Kenya on Tuesday announced major reforms to speed up cargo transit along the Northern Corridor, a vital trade route connecting the Port of Mombasa to landlocked nations in East and Central Africa. Caroline Karugu, principal secretary for the State Department for East African Community Affairs, said reforms such as the...
