Market News
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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. . .Tigo enter deal to expand 4G mobile network rollout
Posted on :Friday , 9th October 2015
The uniqueness of this partnership is that it creates one of Africa’s first ever Data Virtual Network Operators (DVNO), allowing UhuruOne to expand its wireless broadband data service nationwide.
DVNO means that UhuruOne will share both capacity and network resources with Tigo’s 4G LTE data network enabling its customers to use their data enabled devices. . .KKR to invest $100 million in Africa within a year, make Nigeria regional base
Posted on :Thursday , 8th October 2015
U.S. private equity firm KKR & Co LP is considering investing around $100 million in Africa within a year, a senior executive said on Tuesday.
KKR is looking at the agriculture and food business, the energy industry and infrastructure projects, Dominique Lafont, a senior advisor at KKR, told Reuters during a visit with a French business delegation to Nigeria.
Telecom firm supports Mbeya bee-keepers
Posted on :Thursday , 24th September 2015
The telecom firm through its Airtel Fursa programme, gave the group 20 bee-hives, one honey extractor, two bee protection suits and 600 bottles.
Airtel Corporate Social Responsibility Manager, Ms Hawa Bayumi, said at a handing over ceremony in Mbeya over the weekend that , “modern equipment being given will assist them to improve the quality of their operation. . .Please Select an Option
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