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Market News

  • East African focused fund manager, Catalyst Principal Partners, announces the close of its second fund, achieving $155 Million

    Posted on :Monday , 26th November 2018

    In 2009, the Catalyst Fund raised to $125 million which it invested in 9 companies in Kenya, Tanzania and Ethiopia with diverse interests in manufacturing of consumer goods, pharmaceuticals, industrial agro-processing, logistics and engineering as well as healthcare, technology and financial services. 

     

    Whereas, this year the Catalyst Fund II raises US$155 million suc. . .

  • Agriculture To Bridge Trade Imbalance Between Tanzania, Sweden

    Posted on :Wednesday , 10th October 2018

    Tanzania and Sweden are seeking to put in check the existing trade imbalance between the two countries. The two parties met to discuss the issue as well as look for ways to open new markets for their agricultural produce. Both parties have identified the potential in the sector and deem it ideal for business and more export opportunities to foster their economies.

     
    M. . .

  • China, Africa work to play concerto for shared future

    Posted on :Wednesday , 5th September 2018

    BEIJING - When the 2018 Forum on China-Africa Cooperation (FOCAC) Summit opens in Beijing on Monday with the theme "China and Africa: Toward an even stronger community with a shared future through win-win cooperation," it will be a new starting point for the two sides to upgrade their cooperation.

    China and Africa have been cooperating in multiple ways. The ties were en. . .

  • East Africa- 15 New Reforms To Ease Doing Business In Rwanda

    Posted on :Friday , 1st December 2017

     The government plans to introduce 15 new reforms across various sectors, as a means to ease doing business in the country.

     
    The initiative follows recent World Bank Doing Business Report that ranked Rwanda 41st globally and second in Africa out of the 190 economies globally.
     
    The reforms will address key concerns of investors acros. . .

  • Tanzania-Burundi Aim To Boost Trade Volume

    Posted on :Monday , 9th October 2017

     Tanzania and Burundi are both working towards raising the scale of trade done between the two countries. The subject was discussed at a business forum as this past September.

     
    Jean Boaco Ntunzwenimana, Minister of Transport, Public Works and Equipment said that Burundi is already reaping benefits from an improving working relationship between the nations. He sp. . .

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