Page 11 - Facilitation Programme News Today : Breaking News, Live Updates & Top Stories | Vimarsana

EBRD boosts Egyptian private enterprises and trade EBRD boosts Egyptian private enterprises and trade Further US$ 50 million trade finance limit to fund private-sector trade loans and guarantees Financial package to support the local economy The European Bank for Reconstruction and Development (EBRD) is supporting the Egyptian economy with a US$ 100 million financing package to Banque du Caire for trade financing and on-lending to local micro-, small and medium-sized companies (MSMEs). Under the facility, the EBRD will provide a US$ 50 million loan to help Banque du Caire increase the am...

COMESA and Ethiopia have signed a 5.6 million Euro sub-delegation agreement to improve coordinated border management, trade and transport facilitation at the Moyale and Galafi border posts. Moyale and Galafi borders link Ethiopia on one hand to Kenya and Djibouti on the other respectively. The project will assist Ethiopia to upgrade the single window service system, to increase inter- agency connectivity and to improve the connectivity of the two customs systems.  The project is funded by the European Union under the COMESA Trade Facilitation Programme. The State Minister of Trade and Indust...

COMESA and Zimbabwe have signed an agreement that sub-delegates the implementation of Coordinated Border Management activities, Trade and Transport Facilitation programme at the Chirundu border post. The sub-delegated activities are worth Euro 4.1 million to support upgrading of priority cross-border infrastructure and equipment at Chirundu border between Zimbabwe and Zambia. This is part of the EUR 48 million Trade Facilitation Programme (TFP), financed under the 11th European Development Fund (11 EDF) from the European Union (EU) to COMESA. The TFP has five key result areas focused on deepe...

Uganda has become the first country in the eastern and southern African region to convert its driver’s licensing categories to conform to the regionally harmonized Tripartite Transit and Transport Facilitation Programme (TTTFP) standards. The county will commence issuance of the new licenses from the 1st March 2021, according to Mr. Winstone Katushabe, Commissioner Transport Regulation and Safety in Uganda. The TTTFP drivers’ license categories and driving license card, are based on International Standards Organization (ISO) and the United Nations road traffic regulations. Uganda has alre...

YEREVAN, JANUARY 20, ARMENPRESS. The European Bank for Reconstruction and Development (EBRD) responded to the Covid-19 pandemic in Armenia in 2020 with record investment of €167 million for projects in energy, banking and transport and through trade finance support, the EBRD Armenia Office told Armenpress. The Bank helped to address the immediate and longer-term needs of the country’s economy.