Market News | EAITE 2024

Market News

  • Kenya: North Rift Bloc to Export Fresh Produce

    Posted on :Wednesday , 4th November 2015

    The North Rift Economic Bloc formed by eight counties is viable and will start exporting fresh produce, the chairman has said.

     
    Jackson Mandago (Uasin Gishu governor) said the bloc will fight poverty and economically empower more than 15 million people.
     
    The eight counties produce 30 per cent of the flowers exported from Kenya.
  • Sudan keen for Indian investment in agriculture, gold mining

    Posted on :Saturday , 24th October 2015

    Agriculture, gold mining and petroleum are prime areas where Sudan wants India to invest in the coming years, Sudan's Ambassador to India Hassan E. El Talib said on Friday.

    "India-Africa relations have been historic. Over the years, Sudan has emerged as a major producer of gold. We want India to invest more in gold mining, apart from other areas such as agriculture and infra. . .

  • Russia talks mutual interests with Rwanda

    Posted on :Wednesday , 21st October 2015

    Louise Mushikiwabo, the Rwanda foreign affairs and cooperation minister was in Russia last week after being invited by her counterpart and host Sergey Lavrov.

    According to a release at the close of her two-day visit, it was stated that they discussed a broad range of diplomatic issues in a bid to strengthen bilateral ties between the two countries.

    Addressing a jo. . .

  • Tanzania: AfDB Gives U.S.$141 Million to Dar es Salaam Transit Plan

    Posted on :Wednesday , 21st October 2015

    On completion the project will give Tanzania's commercial capital the most efficient public transport system in the East African Community.

    The AfDB Group Board of Directors recently approved loans of $97.42-million from the AfDB market window and the $44.29-million from the Africa Growing Together Fund (AGTF). The Bank's contribution to the project represents 88.9% of the total . . .

  • Ethiopia: Shints Under Expansion

    Posted on :Monday , 19th October 2015

    Equipped with high tech machinery SHINTS entered European market within a short period of time with the production of outdoor and motorcycle apparels.

     
    A Korean-based SHINTS ETP Garment PLC that penetrated the European market within a short period of time announced plan to undertake expansion work. The factory marked its first anniversary yesterday.
     . . .

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