{"id":54077,"date":"2023-08-11T09:00:31","date_gmt":"2023-08-11T09:00:31","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/all-news\/afreximbank-eabc-in-push-to-maximise-intra-africa-trade"},"modified":"2023-08-11T10:16:21","modified_gmt":"2023-08-11T10:16:21","slug":"afreximbank-eabc-in-push-to-maximise-intra-africa-trade","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/afreximbank-eabc-in-push-to-maximise-intra-africa-trade","title":{"rendered":"Afreximbank, EABC in push to maximise intra Africa trade"},"content":{"rendered":"

Africa-Press – Uganda. <\/strong><\/span>The East African Business Council (EABC) and the African Export-Import Bank (Afreximbank) have entered a partnership in which the two entities will foster intra-African trade and regional integration.<\/p>\n

The partnership will mainly focus on raising awareness about the African Continental Free Trade Area (AfCFTA) and maximising opportunities.<\/p>\n

In a statement early this week, EABC said the partnership, supported by a $178,530 (Shs665m) grant from Afreximbank, will promote implementation of AfCFTA by strengthening private sector capacity, enhance trade facilitation and unlock new opportunities.<\/p>\n

Mr John Bosco Kalisa, the EABC chief executive officer, said East Africa has shown resilience despite Covid-19 and the Russia-Ukraine war, urging governments across the region to continue improving the business environment to support innovation and drive integration and prosperity in Africa.<\/p>\n

EABC and Afreximbank are currently engaged in sensitisation workshops through which they seek to raise awareness among small and medium enterprises and women in business aboutthe importance of AfCFTA protocols.<\/p>\n

The workshops focus on trade facilitation procedures and strategies to access markets effectively under the AfCFTA.<\/p>\n

Ms Pheona Wall, the EABC board member, said systemic barriers continue to hinder participation of women and youth in policy formulation despite composing 50 percent of Africa\u2019s population. EABC has been rallying the private sector to take advantage of AfCFTA.<\/p>\n

Mr Richard Okot Okeello, the Ministry of Trade assistant commissioner, technological research and innovation, said: \u201cTrade drives socio-economic growth, and AfCFTA will open markets for goods and services among African countries,\u201d noting that intra-Africa trade continues to be low at 15 percent compared to other regions.<\/p>\n

For More News And Analysis About Uganda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. The East African Business Council (EABC) and the African Export-Import Bank (Afreximbank) have entered a partnership in which the two entities will foster intra-African trade and regional integration. The partnership will mainly focus on raising awareness about the African Continental Free Trade Area (AfCFTA) and maximising opportunities. In a statement early this […]<\/p>\n","protected":false},"author":84,"featured_media":54076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[233,240,234],"class_list":["post-54077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"\nAfreximbank, EABC in push to maximise intra Africa trade - Uganda<\/title>\n<meta name=\"description\" content=\"The East African Business Council (EABC) and the African Export-Import Bank (Afreximbank) have entered a partnership in ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/afreximbank-eabc-in-push-to-maximise-intra-africa-trade\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Afreximbank, EABC in push to maximise intra Africa trade\" \/>\n<meta property=\"og:description\" content=\"The East African Business Council (EABC) and the African Export-Import Bank (Afreximbank) have entered a partnership in ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/uganda\/all-news\/afreximbank-eabc-in-push-to-maximise-intra-africa-trade\" \/>\n<meta property=\"og:site_name\" content=\"Uganda\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-11T09:00:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-11T10:16:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/08\/sm_1691732623.439377.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/afreximbank-eabc-in-push-to-maximise-intra-africa-trade#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/afreximbank-eabc-in-push-to-maximise-intra-africa-trade\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Afreximbank, EABC in push to maximise intra Africa trade\",\"datePublished\":\"2023-08-11T09:00:31+00:00\",\"dateModified\":\"2023-08-11T10:16:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/afreximbank-eabc-in-push-to-maximise-intra-africa-trade\"},\"wordCount\":276,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/afreximbank-eabc-in-push-to-maximise-intra-africa-trade#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/uganda\/sites\/34\/2023\/08\/sm_1691732623.439377.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Uganda\",\"uganda\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/uganda\/all-news\/afreximbank-eabc-in-push-to-maximise-intra-africa-trade#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/afreximbank-eabc-in-push-to-maximise-intra-africa-trade\",\"url\":\"https:\/\/www.africa-press.net\/uganda\/all-news\/afreximbank-eabc-in-push-to-maximise-intra-africa-trade\",\"name\":\"Afreximbank, EABC in push to maximise intra Africa trade - 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