Tanzania: Govt Plans Industrial Development Bank to Boost Investment

Posted on :Tuesday , 13th December 2016

The government is planning to establish industrial development bank soon to speed up investment flow and loans for industrial development. Permanent Secretary (PS) in the Ministry of Industry, Trade and Investment, Dr Adelhelm Meru, revealed the above in Dar es Salaam yesterday during the official closing of the industrial exhibitions that took place at Dar es Salaam International Trade Fair (D. . .

Global industry needs to continue embracing green approach: UNIDO chief

Posted on :Thursday , 24th November 2016

 Global industry needs to continue embracing a green approach and not repeat old ways, Li Yong, the chief of UN Industrial Development Organization (UNIDO) told Xinhua in an interview.

AFRICA - THE NEXT GROWTH MARKET

Posted on :Tuesday , 3rd October 2017

Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substantial new business op. . .

Turkish Exporters Target Africa

Posted on :Wednesday , 23rd November 2016

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.

Africa has recorded an annual growth rate of 5 percent over the last d. . .

AIIB expects to support African industrialization in cooperation with UNIDO

Posted on :Tuesday , 22nd November 2016

 The Asian Infrastructure Investment Bank (AIIB) expects to cooperate with UN Industrial Development Organization (UNIDO) in boosting industrialization development in Africa in the future, Jin Liqun, President of AIIB on Monday told Xinhua.