Market News
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East Africa: Fortified Foods Manufacturer, Govt Sign Joint Venture Deal
Posted on :Thursday , 8th October 2015
About 9,000 farmers stand to benefit from a new joint venture deal signed between the Government of Rwanda and Africa Improved Foods (AIF) on Tuesday to produce fortified foods in the country.
Africa Improved Foods is a consortium created by Royal DSM (the global Life Sciences and Materials Sciences Company), the Dutch Development Bank, the DFID, the UK govern. . .Starwood Hotels accelerates growth in Africa with seven new deals
Posted on :Thursday , 1st October 2015
Hospitality leader Starwood Hotels & Resorts Worldwide, Inc. has just announced aggressive expansion plans into Africa. Starwood made this announcement at the Africa Hotel Investment Forum (AHIF) being hosted in Addis Ababa from September 30th to October 1st.
Starwood currently has a strong footprint in the region, with 34 operating hotels and a pipeline of 20 hotels under de. . .Call for full exploitation of East Africa’s rice market
Posted on :Monday , 28th September 2015
A Tanzania Private Sector Foundation (TPSF) consultant, Dr Halima Noor, told a news conference during a high level policy dialogue for rice value chain stakeholders that Tanzania was not utilising her potential in producing and selling rice in East Africa.
"Something should be done now in this important rice sub sector," she said in Dar es Salaam over the weekend. Taske. . .Mauritius vies with larger African neighbors to be continental hub
Posted on :Friday , 25th September 2015
As Mauritius developed into one of Africa’s wealthiest and advanced nations, the island nation’s focus tended to be far beyond the shores of its home continent.
With sugar, textiles and financial services the mainstays of its economy, the country’s traditional trading partners have been Europe, India and the US.
In terms of Mauritian exports only . . .Agricultural sector set up for speedy transformation
Posted on :Thursday , 24th September 2015
The Yara fertilizer Terminal that was launched by President Jakaya Kikwete, last week, has the capacity to hold 120,000 tonnes annually, enough to supply the local market and the rest of East Africa.
The installed capacity of the Minjingu fertilizer factory is about 50,000 tonnes, thus Yara’s introduction. It is bringing new impetus into the farming methods th. . .Please Select an Option
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