Market News
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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.. . .CHINA TARGETS KENYAN PORTS TO EXPAND GLOBAL TRADE INFLUENCE
Posted on :Wednesday , 14th October 2015
China is targeting Kenya’s ports of Mombasa and Lamu in expanding its global influence through trade and connectivity. The Port of Mombasa is the busiest in East Africa and serves Kenya, Uganda, Rwanda, South Sudan and the Democratic Republic of Congo.
Port of Lamu, whose construction is underway, is part of the larger transportation corridor between Kenya, Ethiopia, South . . .Tanzania Moves to Bring Dar es Salaam Port Services Closer to Rwandan Traders
Posted on :Tuesday , 13th October 2015
Rwandan traders are set for early Christmas after the Tanzania International Container Terminal (TICTs) announced that it will open a country liaison office in Kigali before the end of the year.
This is in a bid to bring the Dar es Salaam port services closer to traders in Rwanda.The announcement was made last week, in Kigali, by Paul. . .Please Select an Option
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