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Ethiopia: UN Approves $40 Million Project to Upgrade Commissions in Africa & Asia

United Nations — The UN's Administrative and Budgetary Committee (Fifth Committee) has approved a $40 million project to retrofit the premises of the Economic and Social Commission for Asia and the Pacific (ESCAP) in Bangkok, as part of the upgrades of UN Commission buildings, including the Economic Commission for Africa (ECA) in Addis Ababa.

 
The project, described as "the most cost-effective, low-risk and viable option", is expected to p.... Read more »

Posted on : Monday , 16th January 2017

Rwanda: Regional Coffee Giants Java House Opens Kigali Branch

 One of the leading coffee shops in East Africa, Java House, is due to open its maiden shop in Kigali today.

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Posted on : Monday , 16th January 2017

Tanzania: Zanzibar Begins Branding Its Cloves, Other Spices to Win Market

SPICES grown in Zanzibar, including cloves, are set to increase their competitiveness in the world market following the inauguration of its branding under the name 'Zanzibar Exotic Origin.... Read more »

Posted on : Monday , 16th January 2017

Rwanda: Nyamagabe Tea Maker, Farmer Co-Operatives Partner to Increase Production

 Smallholder tea farmers and other residents of Nyamagabe District are upbeat following plans by Kitabi Tea Factory to expand production. The move means that residents, mainly from Kitabi, Tare and Uwinkingi sectors, can now expand their plantation as they will be assured of a ready market, officials from the firm.... Read more »

Posted on : Friday , 13th January 2017

East Africa: Green Energy Firms Look to Crowdfunding to Raise Funds for Expansion

Renewable energy companies in East Africa are now turning to crowdfunding to raise money for expansion.

 
Firms that provide solar kits and modern cooking stoves -- such as Rubagabaga Run of River Hydropower Project in Rwanda, SimGas Kenya Ltd, Eco-Charcoal Ltd and Uganda's Eco Group Ltd -- are bypassing traditional financial intermediaries and turning to online crowdfunders.
 
Crowdfunding involves the use of Internet and mobi.... Read more »

Posted on : Friday , 13th January 2017

Africa: Mauritania to Benefit From U.S.$21 Million IFAD Grant to Boost Food Security, Nutrition and Reduce Rural Poverty

 Rome — A total of 285,600 farmers, particularly women and young people in six regions in southern Mauritania will benefit from a financial agreement signed today between the International Fund for Agricultural Development (IFAD) and Mauritania to improve their incomes, nutrition and food security.Read more »

Posted on : Friday , 13th January 2017

Rwanda: Energy Regulator to Connect Low Income Consumers on Credit

The Government has devised a new plan that will see low income earners who already have cashpower meters but are unable to pay the subscription fee get access to electricity.

 
The Managing Director of the Energy Utility Corporation Limited (EUCL), Eng. Jean-Claude Kalisa, said recently that the agency was already in the process of entering this category of potential subscribers into their system and promised that it should be complete by the end of Januar.... Read more »

Posted on : Friday , 13th January 2017

East Africa: Tanzania, Uganda to Hire Financial Adviser for Oil Pipeline Investment

Kampala — Uganda, Tanzania and French oil company Total E&P, the lead joint venture partner on the proposed crude oil export pipeline are considering getting on board a transactionary adviser to advise them on getting a lead investor and the $3.55b (Shs12.6 trillion) required for financing the project.

 
A concept brief for the project issued by the ministry of Energy yesterday indicated that the parties are looking at before end of this month to.... Read more »

Posted on : Friday , 13th January 2017

Kenya: Four Locomotives Arrive at Mombasa Port

 Four locomotives and two Shatners (railway engines) arrived at the port of Mombasa on Monday as the Sh372 billion Standard Gauge Railway takes shape.

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Posted on : Thursday , 12th January 2017

Ethiopia: Addis Ababa-Djibouti Railway Officially Completed, Creating High Speed Link Between Djibouti and Ethiopia

 The completion of the Addis Ababa-Djibouti Railway, a new 752km track linking Ethiopia's capital with the Port of Djibouti, was officially marked today at a ceremony at Nagad Railway Station in Djibouti.

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Posted on : Thursday , 12th January 2017

Tanzania: Dr Shein Opens First Ever Milk Processing Factory

 Zanzibar — President Ali Mohamed Shein has officially opened 'Zanzibar's only' milk processing factory named 'Azam Diary' expressing concern over low milk consumption in the islands.

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Posted on : Thursday , 12th January 2017

Rwanda: New Online Platform to Support Grain Farmers

 Grain and cereal farmers in Rwanda will now be able to access regional market information, particularly prices and markets, thanks to an online platform unveiled by the Eastern Africa Grain Council (EAGC).

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Posted on : Thursday , 12th January 2017



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