Market News

 Tanzanian president Jakaya Kikwete has opened a ‘key road in Tanzania whose construction was sponsored by Kuwait government’s Fund for Arab Economic Development.   During the opening ceremony of marking the main road in Tanzania Mr. Jakaya Mrisho Kikwete expressed his gratit . . .

ADDIS ABABA, Ethiopia - Industrial Projects Service (IPS), a state-owned consultant has won a contract from Messebo Cement to conduct an assessment of the cement market around Addis Ababa.    According to a statement it wants to explore the feasibility of opening a grinding plant where s . . .

Rwanda's only cement manufacturer CIMERWA Ltd, yesterday, unveiled a new plant expected to increase production and boost export revenues.   The new state-of-the-art plant in Muganza Sector, Rusizi District, was inaugurated by the Prime Minister, Anastase Murekezi.   The factory, worth . . .

 Ethiopia geothermal power generation is set to grow after the country signed a power purchase agreement with Berkley Energy which is a Kenyan linked company that will see 1,000MW of energy being generated.   The signing was done by Azeb Asnake, CEO of Ethiopian Electric Power (EEP) and . . .

 Caterpillar has introduced the new F2-series range of machines – 422F2, 428F2, 432F2, 434F2 and 444F2 for the Middle East and Africa markets Depending on the model, engine-power choices include 56.5 kW (76.8 hp), 68.5 kW (93hp), 70 kW (95 hp), or 74.5 kW (101 hp) configurations. There&r . . .