Market News

  • AFRICA - THE NEXT GROWTH MARKET

    Posted on :Thursday , 24th November 2016

     Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substantial new business opportunities i. . .

  • Turkish Exporters Target Africa

    Posted on :Wednesday , 23rd November 2016

     At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.

    Africa has recorded an annual growth rate of 5 percent over the last d. . .

  • Kenya, Sudan sign oil and mining pacts

    Posted on :Wednesday , 23rd November 2016

     Kenya and Sudan have signed agreements to deepen collaboration in oil and mining industry.

     
    Hence, Kenya is poised to gain from the agreements as Sudan has made strides in both sectors.
     
    Sudan is an established oil exporting country and has also made progress in mineral business with the government owned Sudan Gold Refinery in Khar. . .

  • Ethiopia: Gold Project Nears Take-Off Phase

    Posted on :Thursday , 3rd November 2016

     Addis Ababa — The Ethiopia government has set up the Ethiopian Mines, Petroleum and Bio-Fuel Corporation, which will be the investing entity in the country's mineral, oil and gas industry.

     
    KEFI Minerals plc, the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, has alrea. . .

  • Rwanda Mining professionals trained on modern mining

    Posted on :Wednesday , 19th October 2016

     The government of Rwanda considers mining sector as key in the country development, the sector is now second largest contributor to national economy after tourism. Rwanda Natural Resources Authority considers the Mining sector as greatest opportunity for the country’s economy. In order to promote good practice in mining the department of Mining organized a five days training for min. . .

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