Market News
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East Africa businesses get help to tap American market
Posted on :Monday , 23rd November 2015
Major plans are underway to boost the capacity of micro, small and medium-sized enterprise players to enable them leverage on the African Growth and Opportunities Act (Agoa) through exports to the US market.
Experts say that despite the recent Agoa Extension and Enhancement Act of 2015, giving Kenya the opportunity to increase its trade volumes with the US, th. . .Kenya to allow foreign firms to retain full ownership
Posted on :Saturday , 21st November 2015
Kenya plans to reform its company law in order to allow foreign firms to establish local branches that can own 100 percent, a senior official said on Monday.
Cabinet Secretary for Industrialization and Enterprise Development Adan Mohamed said during a business forum in Nairobi that Kenya recognizes the role that foreign capital plays in the economic development of the country an. . .Four industrial parks in East Africa to be contracted
Posted on :Friday , 20th November 2015
Four industrial parks in Ethiopia will be constructed in the next two years that will cost US$ 2bn, a senior government official has confirmed.
Trade and industry State Minister Tadesse Haile confirmed that the concerned people have finalized on the inspection of four more parks in the eastern town of Dire Dawa, Kombolcha and Mekelle in the country’s Nor. . .Chinese Investors to Build Livingstone Trade Centre in Africa
Posted on :Thursday , 19th November 2015
Consortium investors from Tianjin, Northern China have pledged to establish an international procurement centre in Livingstone to facilitate the buying and export of Zambian products to China and possible markets.
A business delegation which is in Zambia to explore investment opportunities in the country have also pledged to invest more than US$20 million to e. . .Arki Mineral Water Bottling Factory Inaugurated
Posted on :Wednesday , 18th November 2015
The Arki Mineral Water Bottling Factory constructed at a cost of 40 million Birr was inaugurated last Saturday. It has created permanent job opportunities for 110 citizens.
Speaking at the inauguration ceremony, Industry State Minister Dr. Alemu Sime said that the industry and service sectors make significant contribution to the country's economic development.Althou. . .Please Select an Option
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