Market News

 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 busines . . .

 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 Kingd . . .

 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 t . . .

 During the first Mining Forum ever held in Kenya, Mining Cabinet Secretary Dan Kazungu said his country will strive to have more organized mining sector.   Among the first steps the government will implement to work towards that goal is conducting a year-long airborne survey to map mine . . .

 Kenya will appoint a company by December to conduct a year-long airborne survey to map its mineral deposits to attract mining explorers to the nascent sector, Mining Cabinet Secretary Dan Kazungu said on Wednesday.   Kazungu said the ministry has initial funding of Sh3 billion from the . . .