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East Africa

 

news by category: East Africa

Found 42 articles.

Displaying 1-10 out of 42 results.

Rivalry holds back the region

Regional trade has largely recovered from the pandemic, but is still hampered by political battles

East Africa's economy grew the fastest of all Africa's regions before the pandemic. Growth was predicted at 5.1% for 2020 pre-Covid – largely driven by strong spending on inf...


Banking on a fast recovery

East Africa’s three leading economies say they’ll rebound quickly from the pandemic, but borrowing is ballooning

More spending to secure the post-pandemic recovery was the message of the finance ministers from Kenya, Uganda and Tanzania as they announced their annual budgets on 11 June. The t...


Rose-tinted budgets

Finance ministers promise economic growth and increased tax collection. But that doesn’t square with the reality

Optimism appears to be the name of the game as treasury ministers from Kenya, Tanzania and Uganda followed the recent practice of coordinating their 2020/21 budgets ahead of the ne...


Singing from the same spreadsheet

Despite growing fears about rising debt levels, the region's finance ministers have unveiled a series of expansionary budgets

The four major players in the East African Community completed the annual ritual of unveiling their national spending plans on 13 June. 'Transforming lives through industrialisatio...

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Patchwork diplomacy

The EU wants to boost its influence in Africa but its diplomatic appointments are proving haphazard

Critics of the European Union's foreign service arm, the European External Action Service, are saying that its desire to move beyond the status of a mere giver of funds to that of ...


Democratic deficit

The six-nation East African Community has taken a proactive stance on regional trade in recent years, waging a battle against the United States by threatening to impose tariffs on ...


Terminal EPA delay

The interminable delay in ratifying the EU-East African Community (EAC) Economic Partnership Agreement (EPA) has become an increasing source of frustration in Brussels and Nairobi....


Dar wins from regional shift

Deciding on the main pipeline route was tough enough, but major problems for export and production remain

The April agreement between Uganda and Tanzania to run a crude oil export pipeline through Tanzania rather than Kenya dramatically shifted the geometry of East African oil. Yet the...


Signing bonus

Kenya is urging its East African Community counterparts to return to the table in a bid to rescue the EAC's proposed Economic Partnership Agreement (EPA) with the European Union. T...


A new deal in the East

Industralisation efforts, protectionism and higher taxes dominate the region's budgets this year

Industrial policy is in and Western aid is out; the state is back and the market is pushed back; economic nationalism is up, as is scepticism about globalisation. That, broadly, is...


Displaying 1-10 out of 42 results.