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Trade in East Africa: AfDB launches a capacity building project with its partners

31/10/2023
Source : ORISHAS FINANCE
Categories: Sectors

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La African Development Bank (AfDB) has launched a capacity building project in collaboration with the East African Community (EAC) Secretariat and the Conference of the United Nations on trade and development.

The capacity building project aims to improve trade in East Africa. This $1.56 million project will support digitized trade solutions to reduce trade barriers and enable the EAC to meet its obligations under the WTO Trade Facilitation Agreement. This project to improve the multi-country trade portal is funded by the Multilateral Cooperation Center for Development Finance and launched during the EAC Donors Roundtable held on 6 October last year in Arusha, Tanzania

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Pour Rachael Nsubuga, Senior Trade Facilitation Officer at the African Development Bank, “ c é This project will complement ' other African Development Bank programs in the region by providing digitized trade solutions and data to support the investment climate and customs modernization work

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