Qalaa Holdings’ Tawazon in Egypt announced signing a US$ 50 million, five-year contract with Ethiopia’s Messebo Cement to supply 100,000 tons of biomass annually which will be used as a source of energy to replace coal. As stipulated by the agreement between the two companies, Tawazon’s Waste Management subsidiary known …
Read More »Uganda Passes New Mobile Money Tax
Uganda has passed the controversial 1% Mobile Money Tax. The excise duty amendment bill 2018 that seeks to place a 1% tax on every transaction made by phone users on Mobile money platforms has been passed by Ugandan Parliament. Government says the amendment in the tax regime will help mobilize …
Read More »Kenya agitates for controlled spending by African Union
Kenya is calling for further efforts to control expenditure at the African Union (AU), even as it struggles to pay up its membership fees to the continental body. Ahead of the African Union Summit due on Sunday in the Mauritanian capital of Nouakchott, Foreign Affairs Cabinet Secretary Monica Juma told …
Read More »Kenya Steps up war on Fake Sugar
Crackdown on suspected dirty sugar in Kenya has continued with police impounding a number of trucks ferrying the sweetener in Rongo, Migori County. The standards Act under section 9, criminalizes the manufacturing of sugar under the conditions that the contraband sugar was being produced. The businessmen didn’t comply with the …
Read More »Tanzania sets Tshs22b for road Building
At least shs22 billion is expected to be spent on improving roads in Arusha through phase phase two of Tanzania strategic cities project (TSCP). Phase two of the project will also involve the improvement of the drainage systems, construction of solid waste dam in Muriet and containers for the same. …
Read More »Chairman’s Message For The Website
East Africa Entrepreneurs Association (EAEA) is a regional business confederation composed of Entrepreneurs involved in the running of business enterprises in East Africa. We are committed to ensure that our members, who span from Micro, Small, Medium and large corporations, take advantage of business opportunities locally, regionally and internationally. Our …
Read More »Shs. 26b set to improve Agro processing
Uganda will benefit from shs26b agro processing and value addition fund that has been launched by the United Nations Capital Development Fund (UNCDF). The launch is part of shs100b facility that seeks to improve agro processing and value addition in northern Uganda and West Nile. Dr. Dmitry Pozahidaev, from UNCDF, …
Read More »Kenya lifts ban on poultry from Uganda
The Kenyan government will lift a ban it imposed on poultry from Uganda, after it has been put in place 25 months ago, due to an outbreak of avian influenza in the country. The move, which follows an assessment that ascertained that the neighboring country was free of avian influenza …
Read More »Invest in Africa’s agricultural sector- AFDB boss urges the world
Invest in Africa’s agricultural sector- AFDB boss urges the world Increased American and global investments are key to unlocking Africa’s agricultural sector, African Development Bank (AFDB) has said. AFBD president Dr. Akinwumi Adesina said that the US government should be at the forefront of efforts to encouraging fertilizer and seed …
Read More »Meeting with Ambassador Julius B. Onen, Permanent Secretary of Ministry of Trade Industry and Cooperatives (MTIC)
The board of Directors and key management staff of East Africa Entrepreneurs Association (EAEA) on February 2, 2018 paid courtesy visit to Ambassador Julius B. Onen, Permanent Secretary, Ministry of Trade Industry and Cooperatives (MTIC). The meeting was aimed to identify areas of collaboration for the benefit of EAEA membership. …
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