Kenya’s president, Uhuru Kenyatta, during his three-day visit to the Democratic Republic of Congo (DRC) saw the signing of an agreement between both countries. The agreement covers areas in trade, transport, and security.
“As we move towards deeper integration not only of our region but continent, we should be able to ease the restrictions in terms of visas and other issues, and I look forward to engaging with you so that we can make it easier,” said Uhuru Kenyatta.
This agreement is being signed while there is a gap in terms of import and export between both countries per mirror data from statistics produced by the International Trade Centre.
The bilateral air service agreement and a maritime freight management agreement initiated between the two countries are falling short of their expectations. Measures other than customs tariffs are firm and thus act as a barrier to trade between both countries.
Also, Kenya is facing tough competition coming from Tanzania’s Port of Dar es Salaam which serves landlocked countries (including Malawi, Zambia, the Democratic Republic of Congo, Burundi, Rwanda, and Uganda) in this crucial pandemic moment.
According to a study by the East African Business Council, in collaboration with the German cooperation, DRC has great market opportunities for SMEs in the region, and also the potential for trade is still very much at its raw stage.
Solange Che
Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...
Safaricom's M-Pesa integrated with Ethiopia's national payment network, EthSwitch, on October 27. ...
Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...
ECCBC invests $77.6M to expand Morocco plant, boosting output by 40% New lines produce soft ...
Indian bottler VBL signs exclusive deal to test Carlsberg sales in Africa Move aims to diversify ...
Mauritius signed a cybersecurity cooperation deal with India’s Maharashtra state. The pact includes training workshops led by Indian cybercrime experts...
Africa is projected to supply up to 9% of the global rare earths market thanks to announced mines, positioning the continent as a crucial alternative...
Chevron's entry into Guinea-Bissau marks a turning point for the small coastal state, which currently does not produce hydrocarbons, and fully integrates...
The COP30 climate summit is set to open next Monday, November 10, in Brazil. The United States, which is the world’s second-largest polluter after China,...
The Namib Erg, also known as the Namib Sand Sea, is one of the most ancient and spectacular desert landscapes on Earth. Stretching along Namibia’s...
CIGAF 2025 hosted 26+ countries to celebrate culinary diversity in Ouagadougou Event featured competitions, demos, and talks on food, culture, and...