Tanzania Trade Development Authority (TTDA) has said that the country has secured a market for coffee, cashew nuts, ginger, tea, peas, and legumes in China where there is high demand for the commodities.
Rwanda and India have signed a US$66.60 million (Approximately Frw 56 billion) concessional loan agreement worth US$66.60 million (Approximately Frw 56 billion) towards the construction of the Base- Butaro-Kidaho road project. Dr. Uzziel Ndagijimana, Rwandan Minister of Finance and Economic Planning signed on behalf of the Rwandan Government along with Mr. Tarun Sharma, General Manager and Regional Head of India Export Import Bank representing the Indian Government.
The 63-k.... Read more »
Posted on : Monday , 1st October 2018
British architecture firm aLL Design and Nanyuki Cedar Mall developer Kiloran Development Group Kenya is set to construct the largest mall space on the periphery of Nairobi’s City Centre.
The development will aim to become a stand alone retail leisure destination but will also have offices. The shopping mall which will be christened ‘The Beacon’ is planned to be set on a site off the east of Uhuru Highway towards Bunyala Road roundabout. It is planned to oc.... Read more »
Posted on : Saturday , 29th September 2018
The East African Community is paving way for more local assembly points and manufacturing plants of affordable vehicles in the region.
Posted on : Friday , 28th September 2018
The ongoing China-ASEAN Expo 2018 has promoted investment and trade opportunities in Tanzania, yielding positive results with some Chinese investors expressing interest in processing cassava starch.
Tanzania offers many opportunities and the 21st Autoexpo Africa scheduled for November 2018 in Dar es Salaam is one of the mainstream avenues for marketing a global brand like Hyundai to the East African region. The company is preparing to introduce new products and is working on expanding its portfolio of vehicles to cater to the next generation car owner. Hyundai believes that people’s expectation toward individual mobility requires more than just a convenient means of trans.... Read more »
Posted on : Saturday , 22nd September 2018
Posted on : Friday , 21st September 2018
Watamu shoreline, in Malindi Kenya is set to have the tallest high rise in Africa eclipsing the Pinnacle Tower in Nairobi's Upperhill region that stands at 70 stories and 300 meters in stature and as at now is the tallest high rise in the landmass.
The Palm Exotica upon fruition will tower a tallness of 370 meters, and will be a 61-story building. It was outlined by Italian engineer Lorenzo Pagnini and is said to be a blended utilized improvement.
The.... Read more »
Posted on : Friday , 21st September 2018
Tanzania has anchored a US $1.46bn concessional credit from the Standard Chartered Bank Group to subsidize its Morogoro-Dodoma standard check railroad (SGR).
As per Dr. Philip Mpango, Finance Minister the new credit is a piece of an understanding came to with Standard Chartered Bank Group Executive Director Bill Winters in Dar es Salaam, which will go to finance the 430 km line among Morogoro and Makutupora.
The legislature has so far apportioned US $.... Read more »
Posted on : Thursday , 20th September 2018
The African continent has recently emerged as a high growth region for the packaging industry, with demand being driven by increased markets for consumer products, burgeoning individual incomes, an expanding population of youthful consumers and growing domestic economies, particularly in East and West Africa. Indian packaging companies have lately begun to aim at this lucrative and expanding market in a big way.
In recent past, the entire Africa, with its enormous size.... Read more »
Posted on : Tuesday , 18th September 2018
Qatar Airlines will launch direct flights to Mombasa, Kenya’s second biggest city. Expected to happen in December, the move will increase the competition for local carriers.
Posted on : Wednesday , 12th September 2018
Tanzania’s Jubilee Insurance Company and the Aga Khan Health Services have joined hands to successfully launch an insurance product to assist with medical and health needs. ‘JilindeAfya’ as it is called, will offer a comprehensive preventative and curative healthcare solution.
Posted on : Wednesday , 12th September 2018
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