THE Aviation Industry Corporation of China (AVIC) has expressed its intention to cooperation with Air Tanzania Company Limited (ATCL) and restore the firm's lost glory.
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Posted on : Wednesday , 3rd December 2014
The Principal Secretary to the Energy and Petroleum Ministry Joseph Njoroge has said that feasibility study for the Kenya – Uganda oil pipeline will be expected by mid-April next year. The contract will be undertaken by Toyota Tsusho, a Japanese carmaker, which won the tender last month.
Posted on : Wednesday , 3rd December 2014
A proposed 10-year investment strategy for priority infrastructure projects in the East Africa Community to tackle the existing gaps received backing during the just-concluded EAC Heads of State Retreat on infrastructure development and financing.
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Posted on : Wednesday , 3rd December 2014
President Jacob Zuma has arrived in China where he is leading a delegation of ministers and businesspeople on a State visit aimed at strengthening bilateral relations, the Presidency said on Tuesday.
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Posted on : Wednesday , 3rd December 2014
The world’s largest oilfield services company Schlumberger has announced it will be reducing its WesternGeco fleet as lower commodity prices lead to short-term cost cutting measures by exploration companies.
Posted on : Wednesday , 3rd December 2014
African focused support services and Logistics Company Atlas Development & Support Services Limited has announced that, in line with its expansion strategy for East Africa, it has been awarded its first support services contract in Mozambique.
Posted on : Wednesday , 3rd December 2014
Swala Energy has announced that it is in farm-in conversations in Eastern Africa as the company seeks ways of raising alternative funding transactions.
Posted on : Tuesday , 2nd December 2014
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
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