in Short
East Africa : AfDB launches $1.56M initiative to boost regional trade

The African Development Bank (AfDB), in partnership with the East African Community (EAC) Secretariat and UNCTAD, launched a $1.56 million capacity-building project. It aims to enhance the EAC’s multi-country trade portal, reduce trade barriers, and modernize customs using digital solutions and integrated trade information systems. EAC Secretary-General Peter Matuki highlighted that the interactive portal will increase transparency and facilitate intra-regional trade and with the AfCFTA. Funded by the MCDF, this pilot project sets a model for trade facilitation in Africa.



