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Africa Business News

Burundi Tender and Business News

Burundi and Tanzania Recieve Over $300M for Road Projects

The governments of Burundi and Tanzania have received US $322.35 million in loans and grants from the African Development Bank Group, to pay for the 45 kilometer Rumonge-Gitaza and 260 kilometer Kabingo-Kasulu-Mayovu road upgrading project.

IATA Launches Single African Air Transport Market Push

As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.

Burundi's Bujumbura Puts In Solar-Powered Streetlights from Gigawatt Global

With over 95% of Burundi's 11 million residents lacking access to electricity, there is a critical need for something innovative to help. Netherlands-based Gigawatt Global Coöperatief U.A., a multinational renewable energy company, is helping out by bringing solar-powered street lights to the downtown Bujumbura.

New Plan Rolling Out to Halt Spread of Fall Army Worm in Southern Africa

The fall army worm has expanded so rapidly in southern Africa that its presence is behind a cut in this year's regional maize harvest forecast by up to 10 percent. A new multi-part plan to increase surveillance and research to contain the worm may help push back the agricultural menace.

Special Seminar Held to Train African Civil Servants on Economic Planning

A special course was recently held on Industrial Policy in Africa, for civil servants from 20 African countries. Its goal was to strengthen the group's capacity in designing, implementing, monitoring and evaluating appropriate strategies to facilitate the structural transformation of the continent’s economies.

African Women Leaders Network Formed

The formation of the African Women Leaders Network, a major new initiative with the goal of enhancing the leadership of women in the transformation of Africa, was just announced by co-founders UN Women, the African Union Commission and the Permanent Mission of Germany.

Israel Pledges $1B for Green Energy Projects in West Africa

The Economic Community of West African States (ECOWAS) and the State of Israel just signed a Memorandum of Understanding to advance green energy projects across ECOWAS's 15 member states. It includes a commitment to invest $1 billion for those projects via Energiya Global, Israel's largest solar developer.

Zambia Urged to Stay With The International Criminal Court

A group of African organizations and international NGOs with a presence in Africa are urging Zambia to reaffirm its membership in the International Criminal Court. They do so saying it is the best way to advance justice for victims of atrocities.

Gigawatt Global Begins Clearing New Solar Field in Burundi

Gigawatt Global, an American-owned and Dutch-headquartered frontier solar and social development enterprise, broke ground in Mubunga, Burundi, on January 18, to begin clearing clearing the land for a 7.5 MW solar field that will add 15% to the East African country’s generation capacity.

Central African Member States Agree on Telecom Governance and Cybersecurity Laws

The Central African Economic Community (ECCAS) member states have produced model and common laws covering telecommunications, cyber security and a regulatory framework that will help govern cross-border telecom interconnections. The agreement was completed with the support of the Economic Commission for Africa (ECA) and the International Telecommunications Union (ITU).

East African Pharma Demand Soars While Leaving Regional Suppliers Behind

East Africa's pharmaceutical market is projected to grow by more than 12% per year for the next five years. Sadly, even though they are in the best position to support it, African pharmaceutical companies will be lucky to hold more than 30% of that market, mostly because of the lack of capital.

Survey Suggests Organic Produce Could Be Excellent African Export Market

The United Nations Conference on Trade and Development (UNCTAD) has already seem the organic produce market in Eastern Africa grow seven fold between the years of 2002/3 and 2009/10. That growth was supported by strong marketing and a common regional organic standard. Much higher growth is possible -- but new funding sources for development are needed.

Dire Warnings But Also Hope as IUCN Environmental Congress Opens

A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.

Eastern Africa Debt is Up but Still Manageable as Economies Continue to Expand

As countries in Eastern Africa have pressed hard for economic expansion, debt has gone up rapidly in recent years. According to a just-issued UNCTAD Economic Development in Africa report, "Debt Dynamics and Development Finance in Africa", however, the debt at this point is still manageable when balanced against any risks associated with the debt.

More Help Needed to Deal with Food Insecurity in the Wake of El Niño

United Nations leaders said today that much more needs to be done to prevent further suffering, strengthen resilience and preserve livelihoods in the wake of El Niño's devastating effects worldwide. Africa was the worst hit, with 40 million of the estimated 60 million affected globally residing in East and Southern Africa.

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