Capital projects

RWANDA, DR CONGO REVIEW CROSS-BORDER TRADE TAX

Posted on by Gambeta News
RWANDA, DR CONGO REVIEW CROSS-BORDER TRADE TAX

Rwanda and DR Congo review cross-border trade during a bilateral meeting in kigali. Rwanda and DR Congo are reviewing the cross-border trade tax. This is after both nations agree to come up with a list of products, business sizes that will benefit the tax-free cross-border trade. The bilateral meeting had both nation Ministers for Trade in attendance. Meanwhile, the deal which was originally signed in 2016 is still not functioning. The simplified trade regime (STR)…

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GERMANY’S DEVELOPMENT BANK ASSIST EGYPT ON CAPITAL PROJECTS

Posted on by Gambeta News
GERMANY’S DEVELOPMENT BANK ASSIST EGYPT ON CAPITAL PROJECTS

Germany’s Development Bank to fund capital projects in Egypt. Director of Germany’s KfW Development Bank Office in Cairo, Burkhard Hinz, have announced that the bank has agreed to support Egypt on its ongoing project with €1.8 billion. He also added that the total fund provided by the bank to Cairo have totaled to €5.5 billion since it began its operations in Egypt in the 1960s. The Development bank have been responsible for the establishment of some 900…

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