WESTERN UGANDA ROADWAY PAVES THE WAY FOR HIGHER INCOMES, MORE TOURISM REVENUE IN THE REGION

The Kigumba–Masindi–Hoima–Kabwoya road in western Uganda has opened for traffic, paving the way for increased regional trade, tourism and oil production. A $109 million loan from the African Development Fund and $34 million from the Ugandan government funded the Road Sector Support Project 4, which included civil works for upgrade of the 135-km  road from gravel to bitumen standard. With the road upgrade, travel time to northern Uganda is expected to reduce by 50 percent. The roadway also links the region to the east of the Democratic Republic of Congo…

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TANZANIA KENYA TOTAL TRADE HIT USD 905.5 MILLION

Kenya Tanzania bilateral trade hit USD 905.5 million in 2021 for the period January –November 2021 according to the Central Bank of Kenya. This was highlighted during the EABC Trade Facilitation Forum at Namanga One-Stop Border Post. Speaking at the Forum, Mr. John Bosco Kalisa said “Kenya imports from Tanzania stood at USD 501. million and exports USD 403.9.”  He applauded President Samia Suluhu Hassan and President Uhuru Kenyatta for resolving Non-Tariff Barriers resulting in better trade ties. The Station Manager of Namanga OSBP Kenya expounded that the border clears…

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