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
Posted on : Friday , 7th September 2018
DAR ES SALAAM -- According to the Minister for Finance and Planning, Philip Mpango, emphasis in 2018 and further will be focused on construction and rehabilitation of infrastructure including airports, railways, roads, bridges and ports. He said approx. 5.3 billion U.S. dollars for the upcoming 2018 fiscal year, have been allocated for implementation of the outlined development plan and projects. The Government of Tanzania today outlined five priority areas and development pro.... Read more »
Posted on : Friday , 7th September 2018
BEIJING - When the 2018 Forum on China-Africa Cooperation (FOCAC) Summit opens in Beijing on Monday with the theme "China and Africa: Toward an even stronger community with a shared future through win-win cooperation," it will be a new starting point for the two sides to upgrade their cooperation.
China and Africa have been cooperating in multiple ways. The ties were enhanced when the Belt and Road Initiative (BRI), which envisions a trade and infrastructure.... Read more »
Posted on : Wednesday , 5th September 2018
German technology is most noted for it’s out of the box thinking, quality, durability and consumer satisfactory products. Their successful presence in the market is a proof of reliability; they plan to bring the same trust to Kenya as they participate at the 21st KITE Africa expo. The exhibition that highlights the fast growing consumer market and its supporting sectors that takes place annually. This year it will be held at the Kenyatta International Convention Centre (KICC) .... Read more »
Posted on : Monday , 3rd September 2018
Rwanda Development Bank (BRD) has unveiled a housing project, which promises to ease the shortage of affordable housing in the country.
A certified study by the City of Kigali, the Ministry of Infrastructure, and the European Union showed that Kigali could face a housing deficit of 344,000 homes by 2020.
Currently about 800 and 1,000 housing units are constructed in Kigali annually, the majority targeting high-income earners, leaving the majority of city dwellers wit.... Read more »
Posted on : Saturday , 1st September 2018
The development of Kenya has striked gold for global businesses to enter its flourishing markets. The growing demands especially in the consumer industry has a seen a major rise. The need of electronics, home wares, appliances, consumables etc is never ending. Paving a pathway for local and international traders, East Africa’s mega trade fair KITE 2018 is all set to explore the opportunities available in the nation.
Posted on : Thursday , 30th August 2018
EkoRent Africa, an electric mobility company has launched a full electric vehicle service called Nopia Ride in Nairob,i Kenya earlier this month. "We have now launched our zero-emission electric transportation service pilot in Nairobi. We aim to increase our fleet size to around couple of hundred vehicles by the end of the year," the company says calling on Kenyans to register either to ride or drive.
Posted on : Monday , 27th August 2018
Uganda and Tanzania have signed an agreement for the construction of a natural gas pipeline.
Posted on : Monday , 27th August 2018
EXPOGROUP Supports The GO GREEN campaign across the globe. Grow a plant every weekend and enjoy it grow !Expogroup is a full service exhibition organiser with over 30 years experience in International trade exhibitions. Our current portfolio includes 28 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.
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