Published on October 31, 2018
Economic empowerment of women is essential to the growth of East Africa.The USAID East Africa Trade and Investment Hub (the USAID Hub) contributes to women’s self-reliance and economic empowerment by increasing their access to productive economic resources, namely: assets, credit, income and employment. The below brief outlines USAID Hub technical assistance and training to women in three areas: cross-border trade, firm-level support and access to finance. These three areas offer significant income generation opportunities for women and contribute to overall economic growth in East Africa.
Published on October 11, 2018
The USAID Hub creates videos to showcase East African firm capabilities and development outcomes, with a focus on African Growth and Opportunity Act (AGOA) sourcing opportunities. For a roundup of our apparel and coffee sourcing videos, click here.
Published on August 16, 2018
The Global Economic Prospects June 2018 is a report by the World Bank Group. It asserts that the global economy seems to be leaving the legacy of the global financial crisis of the past decade behind. About half the world’s countries are experiencing an increase in growth. All the consensus forecasts for 2018 and 2019 reflect optimism. Yet, while current growth appears robust, potential growth will be lower. Underlying factors such as demographics (declining labor supply in many, large countries) and the legacy of low investment growth in the past contribute to this limited potential growth. These risks mean that actual growth may be even lower.
This edition of Global Economic Prospects includes sections on the role of the largest emerging markets in global commodity markets and the implications of high corporate debt for financial stability and investment.
Published on July 31, 2018
Published on July 19, 2018
The 2018 Biennial Report on The Implementation Of The African Growth And Opportunity Act is a report prepared by the Office of the United States Trade Representative. The report provides a description of the status of trade and investment between the United States and sub-Saharan Africa, changes in country eligibility for AGOA benefits, an analysis of country compliance with the AGOA eligibility criteria, an overview of regional integration efforts in sub-Saharan Africa, and a summary of U.S. trade capacity building efforts.
Published on July 12, 2018
The Hub highlights the impact of technical requirements and standards on businesses within the East African Community (EAC) in a case study that examines how private sector pharmaceutical firms in Uganda are complying with regulations set by the Tanzania Food and Drug Authority (TFDA). The study reveals that to access the Tanzanian market, medicines certified by the EAC Partner States’ institutions are subject to (i) lengthy, cumbersome and duplicative registration requirements; (ii) costly registration fees; (iii) discrimination (i.e. EAC products and manufacturers are not recognized as “domestic” in Tanzania Regulations); and (iv) a lack of recognition of their countries’ standards. These regulations impose costs upon businesses and impede the flow of goods across borders, detracting from the EAC's push for integration and violating the WTO Technical Barriers to Trade (TBT) Agreement. The study recommends that Tanzania eliminate its registration requirements and calls for further harmonization of drug registration policies and standards among EAC Partner States.
Published on July 05, 2018
To highlight the impact of Mombasa Port container cash charges on regional trade and business, the Hub created the following case study focused on Rwanda private sector firms. The study demonstrates the need for a solution to the cash deposit requirement in order to reduce the cost of doing business. The study reveals long administrative time gaps between claim submission and deposit recovery that impact on business cash flow and adds financial burdens, particularly to smaller freight forwarders. It also leads to an increase in operational costs that are ultimately passed on to consumers. The study further reveals how the utilization of a guarantee scheme has enabled some of the firms to reduce costs.
Published on June 18, 2018
Impact of Non-Implementation of Revised EAC Rules of Origin 2015: The Case of Motor Vehicle Assemblers in Kenya is a study by the USAID East Africa Trade and Investment Hub. This study reviews the impact that non-implementation of the East African Community (EAC) Revised Rules of Origin (RoO) 2015 by other EAC Partner States has had on the Kenyan Motor Vehicle Assembly Sector. Rules of origin are the criteria needed to determine the national source of a product. Their importance is derived from the fact that duties and restrictions in several cases depend upon the source of imports.
Published on June 14, 2018
Supporting Small-Scale Cross-Border Traders across Africa is the theme topic in this month’s Bridges Africa issue, published by the International Centre for Trade and Sustainable Development (ICTSD).
This issue focuses on small-scale cross-border trade and its tremendous potential despite challenges posed by its informal nature. It emphasizes that ongoing trade facilitation interventions need to cater for the needs of small-scale traders, especially women. Governments and development partners are currently making concerted efforts to facilitate trade, increase productivity in export-oriented sectors, and improve competitiveness. However, these need to be better targeted to ensure that small-scale cross-border traders are reached by these interventions and that it is not just large traders who benefit.