Tanzania: Kagera is Potential Investors’ Destination

He noted that Ngara was a strategic point, which borders four countries — Rwanda, Burundi, Uganda and DRC – and, therefore, starting nickel mining would greatly help transform its economy. Addressing hundreds of Ngara residents recently, Mr Mongela noted that the presence of nickel puts the district at a vantage position due to the fact that when investment starts, a number of factories would also be put in place thus creating more employment opportunities. He affirmed.... Read more »

Posted on : Monday , 2nd November 2015

Ethiopia Exports Agricultural, Industrial Products to Senegal

Senegal has got into the list of Ethiopia's export destinations for flower and other semi-processed products, according to Hassen Abdulkadir, Ethiopian Ambassador to Senegal.   The Ambassador told ENA in Senegal that the export of cut flowers is in progress while activities are underway to expand export items. Next on the export list are leather and leather products as well as coffee.   Last year, Senegal received 60, 000 USD worth package of flowers, he.... Read more »

Posted on : Monday , 2nd November 2015

Egypt: First Coal-Operated Power Station to Be Established in March At U.S.$3 Billion

High-level sources in the Ministry of Electricity and Renewable Energy said that the ministry will sign with a UAE company a contract for establishing the first coal-operated power generating station in South Sinai next March.   The sources said that the ministry is currently finalizing the environmental studies and timetable of the project, where the Egyptian Electricity Holding Company will hold negotiations with the UAE company about the price of buying energy to be produced.... Read more »

Posted on : Monday , 2nd November 2015

Sasol is Set to Explore Oil Wells in Mozambique

Sasol's efforts to take advantage of Mozambique's significant oil and gas resources have paid off as the company is set to explore wells after two of its three applications in Mozambique's fifth Licensing Round were successful.   Sasol (70%, operator) and Empresa Nacional de Hidrocarbonetos (ENH) the state oil company, (30% carried interest) were awarded the onshore Area PT5-C, which is 3 012 square kilometres, adjacent to the Pande and Temane fields.   Sasol's other.... Read more »

Posted on : Monday , 2nd November 2015

Ethiopia: Utilizing Agricultural Inputs for Bumping Up Productivity

Much has been said about the primordial stage of the nation's agriculture. It is a rain -fed one and vulnerable to an extreme weather condition. The farming system too has been an archaic one leaning on a small-scale. As compared to the trend in other developing countries, the utilization of agricultural inputs is not that heartening. The prevalent global warming and climate change challenges further aggravate the situation. The sector is a means of subsistence for over 80 per cent of.... Read more »

Posted on : Monday , 2nd November 2015

Ugandan farmers to benefit in $4m euro project

The Technical Centre for Agriculture and Rural Cooperation (CTA) have launched a 4.5 euro multi-year project in Uganda to benefit more than 350,000 smallholder farmers using satellite data to improve production and marketing of three value chains-maize, soya beans and simsim. This is in collaboration with six other partners with support from the Dutch ministry of foreign affairs and will run from September 2015 to August 2018. While launching the project, East African.... Read more »

Posted on : Monday , 2nd November 2015

East Africa: Investment and Migration Center-Stage

 Ethiopia is now ready to host a large number of investors from Germany and Europe.   Bilateral relations with emphasis on investment, creating jobs and migration issues in relation to the upcoming Valletta Summit took center-stage when FDRE President Dr. Mulatu Teshome hosted former German President Horst Köhler at the National Palace on Wednesday.   Dr. Mulatu told Köhler that Ethiopia is making structural shift towards industrialization that would help.... Read more »

Posted on : Monday , 2nd November 2015

India to Help Boost Kenya Healthcare

 Indian companies will help set up specialist hospitals in Kenya to help save on costs incurred by Kenyans travelling abroad for treatment.   President Kenyatta and Indian Prime Minister Narendra Modi agreed to work together in the transfer of skills to strengthen Kenya's capacity to provide specialised health services, to lower the burden of seeking treatment abroad.   The two leaders spoke when they held bilateral talks Wednesday at Hyderabad House in New Delhi..... Read more »

Posted on : Monday , 2nd November 2015

Kenya Improves in World Bank's Investment Destination List

 Kenya's ranking as an investment destination has improved, largely due to the introduction of Huduma Centres and a campaign to increase electricity connections.   Huduma Centres are one-stop shops where a wide array of government services are offered.   The World Bank's Ease of Doing Business Index 2016 released Wednesday ranked Kenya as the third most improved nation in business regulatory reforms among 189 economies.   The report placed Kenya at position.... Read more »

Posted on : Monday , 2nd November 2015

Gas discovery in Africa to boost energy export

 A recent Gas discovery in Egypt is likely to put the country back to its former position where it used to export energy. This follows the discovery of huge Zohr natural gas field at the coastline of the country.   Discovered by oil exploration company Eni, The move will see the country back into exporting liquefied natural gas (LNG), making the bright spot of demand it has created in an oversupplied global gas market short-lived.   Once an energy exporter,.... Read more »

Posted on : Monday , 2nd November 2015

Aggregates China, a Professional Aggregates Business Exhibition

If you want to bring your latest products, equipment and machinery to the China market or find good suppliers, Aggregates China 2016 is absolutly the best business platform. Aggregates China is a premier and most trusted aggregates machines and equipment trade show. Sand Stone2015 (the former name of Aggregates China) was successfully closed in China Import and Export Fair Complex from May 9 to May 11. Sand Stone2015 attracted many famous companies such as HARTL, BME, YiFan.... Read more »

Posted on : Saturday , 31st October 2015

East Africa Improves in Investment Destination Ranking

 Uganda's move to allow online registration of businesses, make faster electricity connections and expand access to credit information, have improved the country as an investment destination.   This is according to the World Bank Doing Business Report 2016, released on Wednesday. Uganda jumped 13 places from 132 to 122 out of 189 economies surveyed in the last 12 months.   In the sub-Saharan Africa (SAA) region, the report says Uganda is the 12th best rank in the.... Read more »

Posted on : Saturday , 31st October 2015