News & Analysis: Burundi
“East African Community members states are expected to receive some 39 million doses of the Covid-19 vaccine from the African Union (AU), which has secured a deal to procure 270 million of the same for all member states.”
“The former President of Burundi, Pierre Buyoya, has died in Paris of COVID-19 at the age of 71, several close relatives told AFP on Friday.”
“The pandemic and resulting crisis threaten to reverse some of the region’s development gains of the last decade and challenge progress to the SDGs.”
“Authentic, broad-based economic recovery relies on a thread of partnership through all business and banking engagements on the continent, pulling together financial institutions, corporations, governments and communities to co-create a sustainable future.”
“According to Burundian authorities, tests for departures will be free of charge but travellers will pay $4 for the certificate.”
“Regional economies received a battering courtesy of the COVID-19 pandemic, and the numbers now just prove how damaging.”
“The East African Business Council (EABC) on Thursday, October 15, called upon the East African Community Partner States to put an end to testing of COVID-19 at border points, in order to decongest traffic at the border crossings and increase intra-EAC trade.”
“The Trade and Development Bank was named African Bank of the Year at this year’s African Banker Awards. CEO Admassu Tadesse talks to Tom Minney about the impact of COVID-19 on Africa’s economy and the bank’s plans for the future.”
“Emboldened by the declining COVID-19 infections, EAC partner states are in the process or have already re-opened their borders, hotels and schools. EAC partner states are expected to lose more than $54 billion of local tourists spending for 2020, on account of protracted closures of seaports and airports.”
“Covid-19 has been really disruptive in terms of cost structures,” says Frank Matsaert, TMEA’s CEO. “I expect things to normalise now that we have much more agreement between EAC member states. The tailbacks at the Ugandan border are down to 15km – that’s more than it’s been in many years – so there are still things to be done but I believe that it will happen by the end of July.”
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