AGP Executive Report

Last update: 3 hours ago

EAC Trade Surge: The East African Community recorded $52.3bn (Sh6.81tn) in total trade in Q2 2026, up 37% year-on-year, with Kenya keeping its lead as exports rose 41.3% to $26.3bn. Regional Finance for Trade: Afreximbank issued a $29m guarantee to scale the EAC Customs Bond via BSMART Technology, aiming to speed up cross-border movement of goods through a more digital customs process. Horticulture Push: Nine Eastern African countries launched the Horticulture Council of Eastern Africa (HoCEA) to cut trade barriers, improve logistics and cold chains, and tackle high post-harvest losses. Burundi-Rwanda Commerce Despite Border: Burundi is still importing large volumes of Rwandan goods even after the land border closure, with Rwanda exports to Burundi rising to $13.39m in Q2 2026. Power Cuts Hit Local Economy: In Rumonge, repeated electricity outages are disrupting businesses and schools, with some banks and microfinance forced to rely on costly generators amid fuel shortages. Farming Inputs Shortfall: In Ruyigi, farmers report three seasons without chemical fertilizers, blaming delays and mistrust around beneficiary registration. Education Strain: Kayanza schools start the year with a teacher gap—only 147 of 380 requested new teachers were assigned, while some recruits from Nov 2025 still await salaries. Vehicle Financing Deal (Kenya): NCBA Group signed with Transafrica Motors to finance FAW commercial vehicles for SMEs and fleets, offering up to 90% funding and up to 60-month repayment terms. Health Funding Boost: UNFPA and partners pledged over $715m for reproductive health at UNGA81, including commitments from Burundi and other countries.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 24, 2026

Dr. Shanequa E. Wilson to receive iChange Nations award in Nairobi

AGP


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Guyana and Burundi join initiative to advance cooperation in pandemic prevention

Guyana and Burundi join initiative to advance cooperation in pandemic prevention

Why the informal economy is essential to East Africa’s economy

Why the informal economy is essential to East Africa’s economy


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Sep. 14, 2026

Multinationals Bank on New Opportunities as China Upgrades Services Sector

GlobeNewswire, Inc.

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Sep. 24, 2026

Countries and partners commit more than US$715 million for reproductive health

GlobeNewswire, Inc.

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Sep. 1, 2026

Đurić Confers with Burundi’s Minister of Foreign Affairs

Ministry of Foreign Affairs of the Republic of Serbia

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Aug. 31, 2026

Đurić Confers with Burundi’s Minister of Foreign Affairs

Ministry of Foreign Affairs of the Republic of Serbia

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Aug. 26, 2026

Rare Earth Element Market: USD 31.55 Billion Outlook as EVs and Renewable Energy Accelerate Demand

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Jul. 10, 2026

Fertilizer trade impacted by Strait of Hormuz conflict

World Trade Organization

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