GOVERNMENT is working with China to finalise the guarantee needed for the $100 million loan meant for the small scale gold sector, Deputy Minister of Mines and Mining Development Fred Moyo has said. "It has been very slow," said Mr Moyo. "Government is guaranteeing so many transactions as such it has been difficult to come up with another option as we are not easily bankable."
Posted on : Thursday , 31st March 2016
Agricultural Council of Tanzania (ACT) has advised the government to tout more investors in the agricultural sector in order to bring social and economic developments for the nation.
Posted on : Thursday , 31st March 2016
Mwanza — PRESIDENT John Magufuli has revived new hopes for the Lake Zone regions as he pledged the purchase of a new passenger ship and expansion of the Mwanza Airport.
Posted on : Thursday , 31st March 2016
Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture has announced that more gas is being produced from Agbada field in the Eastern Niger Delta in support of federal government's aspiration of increasing domestic gas production for manufacturing and power generation.
Posted on : Wednesday , 30th March 2016
NAMIBIA'S uranium production is expected to be three times the volume produced in 2015, according to statistics issued by finance minister Calle Schlettwein in parliament recently.
Posted on : Wednesday , 30th March 2016
Nigeria has become the largest producer of cassava in the world with an annual output of 45 million metric tons. The Minister of Agriculture and Rural Development, Mr Audu Ogbeh, has said.
Posted on : Wednesday , 30th March 2016
Redwing mine, a subsidiary of South Africa-based Metallon Gold is set to increase gold production after resuming operations following a de-flooding exercise, management has revealed.
Posted on : Wednesday , 30th March 2016
China Road and Bridge Corporation has since inception signed contracts worth Sh50 billion with local suppliers for the construction of the standard gauge railway.
Posted on : Wednesday , 30th March 2016
Rwanda Cricket Association (RCA) and the Ministry of Sports and Culture have partnered to construct a new cricket ground at the University of Rwanda- College of education (UR-CE), Rukara Campus in Kayonza district, Eastern Province.
Posted on : Wednesday , 30th March 2016
Kenyan government identifies nine viable sites for its proposed $1.2 billion investment in solar energy.
The Kenya Renewable Energy Association – in collaboration with the Kenyan government and a number of private companies – has identified nine potential sites for the ambitious construction of solar power plants in the country.
A pot of $1.2 billion has been made available to Kenya’s burgeoning solar power industry, which could potent.... Read more »
Posted on : Tuesday , 29th March 2016
Garba Shehu, the Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, on Sunday said the Federal Government had set aside N3 trillion for projects in 2016.
Posted on : Tuesday , 29th March 2016
Kenya's Tourism Ministry plans to set up a hotel refurbishment fund as part of plans to boost tourism revenues. Efforts are also being intensified to attract more charter flights.
Posted on : Tuesday , 29th March 2016
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