Rand Merchant Bank (RMB) report has predicted that Kenya, Rwanda, Ethiopia and Tanzania will be among Africa’s most attractive investment destinations in 2019.
Posted on : Thursday , 7th March 2019
Gas discovery in the offshore Outeniqua Basin of South Africa has opened new hope of the consolidation of new mineral wealth in the country dependent on gold and diamond minerals.
French major Total and its partners, Qatar Petroleum, Canadian Natural Resources, and Main Street, have declared discovery of a sizable amount of gas offshore South Africa.
Total declared a significant gas condensate discovery on the Brulpadda prospects, located on Block 11B.... Read more »
Posted on : Thursday , 7th March 2019
Egypt has strong economic and commercial ties with Nile Basin countries, including Rwanda, the Democratic Republic of Congo, Uganda, Tanzania, Ethiopia and Burundi, making bilateral trade far surpass raw materials and simple commodities.
According to the State Information Service (SIS) website, Egypt has invested $15 million in Rwanda in construction an.... Read more » Posted on : Friday , 1st March 2019
Kenya Electricity Generating Company PLC ( KenGen) has apeared East Africa’s leading Sustainable Power Producer in the 2018 Capital Finance International Awards (CFI.co Awards).
Investors from across the world have been motivated to take advantage of the wide trade and investment opportunities in the country as it is executing its inspiring industrialisation agenda.
"We need prospective investors from across the globe to invest in the country towards its industrialisation goal by 2025", said Octavian Mshiu, Vice-President of the Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA).
Arranged b.... Read more »
Posted on : Thursday , 28th February 2019
The government of Ethiopia and Djibouti has signed a deal to build a 765km pipeline to transport gas from the landlocked state to Djibouti, partly bordered by the red sea.
The agreement which was signed between Minister of Ethiopia’s Mines and Petroleum Samuel Urkato and Djibouti’s Energy and Natural Resources Yonis Guldi, states that 700km pipeline will be installed in Ethiopian Territory while the remaining 65km will be within Djibouti territory.
.... Read more »
Posted on : Friday , 22nd February 2019
The government of Ethiopia and Djibouti has signed a deal to build a 765km pipeline to transport gas from the landlocked state to Djibouti, partly bordered by the red sea.
The agreement which was signed between Minister of Ethiopia’s Mines and Petroleum Samuel Urkato and Djibouti’s Energy and Natural Resources Yonis Guldi, states that 700km pipeline will be installed in Ethiopian Territory while the remaining 65km will be within Djibouti territory.
.... Read more »
Posted on : Friday , 22nd February 2019
The government of Ethiopia and Djibouti has signed a deal to build a 765km pipeline to transport gas from the landlocked state to Djibouti, partly bordered by the red sea.
The agreement which was signed between Minister of Ethiopia’s Mines and Petroleum Samuel Urkato and Djibouti’s Energy and Natural Resources Yonis Guldi, states that 700km pipeline will be installed in Ethiopian Territory while the remaining 65km will be within Djibouti territory.
.... Read more »
Posted on : Friday , 22nd February 2019
A new trade deal is signed between the United Kingdom and countries from East and South Africa for a preparation under which it will continue to trade with the region upon its pull out from the European Union on March 29.
The UK-Eastern and Southern Africa (ESA) Trade progression Agreement is meant to reproduce the Economic Partnership Agreement that the East African Community is still about to sign with the European Union, cause of which the differences among.... Read more »
Posted on : Friday , 22nd February 2019
There has been remarkable investments in Uganda, Tanzania but Kenya has seen the considerable share of investments.
French President Emanuel Macron is likely to visit Kenya in March for official contract with his Kenyan counterpart Uhuru Kenyatta and is among other things likely to conduct talks on how Nairobi can begin an urban rail system.
A visit that will see the two countries sign bilateral agreements, as the governments meet, the p.... Read more »
Posted on : Thursday , 21st February 2019
Chinese construction and engineering company, China Gezhouba Group Co. Ltd. (CGGC), has inked a contract agreement with the Ethiopian government to be a part of Grand Ethiopian Renaissance Dam (GERD).
Posted on : Wednesday , 20th February 2019
The expected rapid transit train service between Nairobi CBD and the Jomo Kenyatta International Airport is among projects proposed to feature conspicuously when President Kenyatta hosts French President Emmanuel Macron in Nairobi mid next month.
Posted on : Wednesday , 20th February 2019
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