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Market News

  • Kenya named among top Africas investment hubs

    Posted on :Wednesday , 27th May 2015

     Kenya has one of the best and favoured business climates in Africa, thanks to its enthusiasm in improving ease of doing business and initiation of huge infrastructure development projects to reduce cost of doing business.

    A new report released yesterday by the African Development Bank (AfDB) in Abidjan, Côte d’Ivoire, Kenya is among the top 10 destinations for Foreig. . .

  • Investing to Change Lives - IFC and AfDB Seek to Boost Private Sector in Africa

    Posted on :Wednesday , 13th May 2015

    Enhancing partnerships with a view to boosting private sector as the driving force for sustainable and inclusive growth in Africa is one of the main priorities for the African Development Bank's Private Sector Department (OPSD) and the International Finance Corporation (IFC).

    For this reason, the African Development Bank hosted a high-level delegation from the IFC for two days of. . .

  • Kigoda lauds Indo- Tanzanian trade ties

    Posted on :Tuesday , 10th March 2015

     

     
    The Minister for Industry and Trade, Dr Abdallah Kigoda, has hailed the growing trade relations between Tanzania and India and called on entrepreneurs to grab the opportunities availed for more growth and development.
    The minister was speaking at a one day conference on ‘Enhancing Efficiency and Maximising Output of Tanzania Economy: An Indi. . .

  • Tanzania tourism could hit $16 billion

    Posted on :Tuesday , 3rd February 2015

    DAR ES SALAAM, Tanzania – The World Bank has said Tanzania’s tourism revenues could bulge four times from $4.48 billion in 2013 to $16 billion annually by 2025 if share benefits from the industry are equitably and evenly distributed to local participation but with quality.

     
    Jacques Morisset, the World Bank Lead Economist said tourism is considered to be a. . .

  • Foreign investors on rise in Tanzania

    Posted on :Tuesday , 3rd February 2015

    DAR ES SALAAM, Tanzania  - The number of foreign investors in the country has increased dramatically, following the launch of the East Africa Stock Exchange (EASE) market in September last year,. 

     
    The market provides a wide chance for Tanzanian companies to be listed in the East Africa Stock Exchange market,” said Chief Operating Officer, of Unit Tru. . .

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