Ethiopia: Finland Keen to Bolster Relations With Ethiopia

 President Dr. Mulatu Teshome said that the country's investment climate is attracting investors across the world. Finnish investors are also showing interest to engage in various investment sectors. The President was holding talks with the outgoing Finnish Ambassador Sirpa Maenpaa here yesterday.   The President said two countries have been working to strengthen political and economic cooperation.   Dr. Mulatu said that Finland is assisting the nation's effort.... Read more »

Posted on : Friday , 5th August 2016

Kenya: Chinese Firm to Establish Prepaid Power Meter Factory

A Chinese firm plans to construct a factory in Kenya for prepaid meters to supply power utility firms in East Africa as it eyes big cash from the expanding billing market.   Kenya Power chief executive Ben Chumo says the firm has sought the electricity distributor's advice on how to align their production with local market specifications.   Kenya Power has welcomed the move, citing lower costs for Kenyan made devices and employment opportunities. "Units made locally.... Read more »

Posted on : Friday , 5th August 2016

Ethiopia: Enterprise to Build Office Complex

 The Oromia Forest and Wildlife Enterprise Monday laid the cornerstone for its administration office at Bole and another building at Lidetta. The new G+20 administration building at Bole would reflect the culture and traditional assets of the Oromo people.   Laying the cornerstone, State Chief Mukitar Kedir said that the building manifests the Oromo people of forest conservation. The Enterprise is actively promoting forest conserving agenda through various forest.... Read more »

Posted on : Friday , 5th August 2016

Tanzania: Ericsson Mulling Investment in Various Sectors

Dar es Salaam — Ericsson is considering to invest an unspecified amount in various sectors of Tanzania.   It is looking up to sectors of transport, energy, technology, finance and public safety and security, according to sub-Saharan Africa head of government and industry relations, Mr Shiletsi Makhofane.   The Sweden-based firm specializes in software and infrastructure in ICT for telecommunications operators, traditional telecommunications and Internet Protocol.... Read more »

Posted on : Friday , 5th August 2016

Rwanda to showcase top investment opportunities at Global Africa Investment Summit

Rwanda is set to present top investment opportunities at the upcoming global African Investment Summit scheduled for September this year in the Rwandan Capital, Kigali.   The investment prospects spanning across four sectors; natural resources, energy, ICT, Agriculture, tourism and infrastructure will be presented to a diverse audience of global businesses interested in long-term investment in Africa.   The country will host the high level investment forum from September.... Read more »

Posted on : Friday , 5th August 2016

Tanzania: More Than 30 Billion/ - Set Aside for Ship Rehabilitation

 Nkasi — The government has allocated more than 31bn/- for rehabilitating three ships and purchasing of a new one during the 2016/17 financial year.   The Minister for Works, Transport and Communications, Prof Makame Mbarawa, revealed that after inspecting the Kipili anchorage along the shore of Lake Tanganyika in Nkasi District, Rukwa Region.   Expounding, Prof Mbarawa said that more than 5.6bn/- will be spent on rehabilitating MV Liemba which is sailing on.... Read more »

Posted on : Friday , 5th August 2016

Tanzania: New Technology Expected to Boost Yields

Lindi — The agriculture and seed agency (ASA) has called on farmers across the country to adopt new farming technology so that they can benefit from the practice instead of embracing traditional farming.   The ASA Extension Officer, Mr Johnson Tillya told the 'Daily News' during the ongoing Nanenane exhibitions at Ngongo grounds in Lindi region that many farmers in the country are reluctant to change from traditional farming to modern farming. He said many are still using.... Read more »

Posted on : Friday , 5th August 2016

Tanzania: Seed Production Established for Local Farmers

 Lindi — Following President John Magufuli's call for production of pigeon peas, green gram, cow peas, cashew nuts and other crops that are highly needed in India, the Naliendele Agricultural Research Institute (NARI) said yesterday that it is prepared to produce seeds that will enable farmers to get more yields and manage to supply both local and international markets.   NARI Research Officer, Mr Juma Mfaume said the institute is continuing with research in various.... Read more »

Posted on : Friday , 5th August 2016

Tanzania: Seven Mining Centres Planned to Boost Artisans' Skills

 Lindi — Seven regions will soon have mineral exploration and processing centres, thanks to a strategy that the government has devised to promote mining activities in the country.   The government has through the Ministry of Energy and Minerals worked out the strategy to upgrade the capacity of small scale miners in the country to conduct profitable mining activities.   The ministry's Project Manager, Ms Veronica Nangale, told the 'Daily News' at the ongoing.... Read more »

Posted on : Friday , 5th August 2016

African Water Facility: Boosting Hydropower and Irrigation in Tanzania

 Tanzania is expected to benefit from a boost in hydropower generation and irrigation development thanks to a new study financed by the African Water Facility (AWF). This €2-million grant will help the government of Tanzania launch the pre-feasibility study of a multipurpose dam, irrigation and hydropower project in Kikonge (southwest).   A comprehensive approach. The study will cover the irrigation scheme, agro-business development, the dam and its reservoir and the.... Read more »

Posted on : Friday , 5th August 2016

Kenya Makes Gains in Textile Cooperation With China - Expert

 Mombasa — Kenya's cooperation with China whose textile industry is advanced is positive to the success and attainment of Kenya's Vision 2030, the East African nation's development programme for 2008-2030, a Kenyan professor has said.   Prof. Richard Mibey, vice chancellor of Kenya's Moi University, said cotton export from Africa accounts for about 13 percent of the world's production while China accounts for the highest single-country fabrics export, which put the.... Read more »

Posted on : Friday , 5th August 2016

Tanzania: REA to Electrify All Villages By 2021

 Lindi — Rural Energy Agency (REA) plans to electrify a total of 7,500 villages by 2021, Minister of Energy and Minerals, Professor Sospeter Muhongo, has said. He said as the government embarks on REA phase three, which is expected to take five years, all villages in the country will be connected with electricity.   REA phase three was launched on August 1, this year and that by 2021 there will be no single village in the country that will be left unconnected. He.... Read more »

Posted on : Friday , 5th August 2016