The Government wants the manufacturing industry to have a greater weight in the national economy, at a time the country needs to diversify its economy still heavily dependent on the oil sector.
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Posted on : Tuesday , 2nd December 2014
A variety of lenders are designated mandated lead arrangers including several African banks: Rand Merchant Bank, Bank du Caire and Nedbank.
Admassu Tadesse, the PTA Bank President said, &ldqu.... Read more »
Posted on : Tuesday , 2nd December 2014
ZIMBABWE and South Africa will soon sign a Memorandum of Understanding to strengthen trade and industrial relations, Industry and Commerce Minister Mike Bimha has said. "This framework is expected to further strengthen trade and industrial relations between our two countries. South African business people should take advantage of this framework to e.... Read more » Posted on : Tuesday , 2nd December 2014
The World Economic Forum on Africa (WEFA), has come to a close after three days of deliberations; over 1,200 regional and global leaders from 80 countries worldwide attended the event. The forum, centered on the theme of “Forging Inclusive Growth, Creating Jobs,” saw the participation of Nigerian President Jonathan Goodluck, Prime Minister o.... Read more » Posted on : Monday , 1st December 2014
GE will invest $2 billion in facility development, skills training, and sustainability initiatives across Africa by 2018. GE made the announcement in advance of President Obama's U.S.-Africa Leaders Summit. Through partnerships and technology, GE is poised to help increase access, reliability, and affordability of core infrastructure throughout the .... Read more » Posted on : Monday , 1st December 2014
New York — Forum hosted by the Initiative for Global Development brings together leading African and international CEOs, senior executives, and investors to discuss investing in Africa
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Posted on : Monday , 1st December 2014
Kentsel Mchinery Co. is one of the leading manufacturers of light construction machines. Each item in its production scope is manufactured under restricted brand name of VIBROTECH and also in compliance with ISO 9001-2000 Quality system certification. Kentsel pursues the latest high-Tec facilities and engineering innovations in order to serve best its customers and par.... Read more » Posted on : Monday , 1st December 2014
India’s Minister of State for Petroleum and Natural Gas Dharmendra Pradhan met with Oldemiro Julio Marques Baloi, Mozambique’s Minister of Foreign Affairs in New Delhi.
Posted on : Monday , 1st December 2014
The Ministry of Health in Mozambique has called for submission of interests for construction of Nampula General Hospital. According to the tender document, contractors to be considered are those from Arab countries and Africa or any partnerships between or among contractors from those regions.
Posted on : Monday , 1st December 2014
I see huge promise for growth in sub-Saharan Africa. The region is home to six of the 10 fastest growing economies in the world. A majority of Africans will belong to the middle class within a generation. There is enormous potential for development to accelerate rapidly.
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Posted on : Saturday , 29th November 2014
A new global oil and gas outlook by Moody’s has projected that the industry will witness a flat growth in 2015 a downgrade from the earlier expectation of more than 5 percent growth largely attributed to the drop in crude oil prices.
Posted on : Friday , 28th November 2014
The high court in Nairobi has allowed Block 2B operator Taipan Resources to continue with drilling preparations after lawyers representing the Company’s wholly-owned Kenya-based subsidiary, Lion Petroleum Inc. sought a variation to the conservatory orders issued with respect to drilling activities.
Posted on : Friday , 28th November 2014
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