Market News

President William Ruto in London: Kenya and UK Set Ambitious Trade Growth Target by 2030.
President William Ruto in London: Kenya and UK Set Ambitious Trade Growth Target by 2030.
3 July 2025

Kenyan President William Ruto is on an official visit to the United Kingdom, where he is expected to meet with British Prime Minister Keir Starmer to finalize a new strategic partnership agreement covering the period from 2025 to 2030. The deal, announced on Kenya’s national broadcaster on June 29 . . .

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Tanzania Moves Towards Steel Import Ban as Local Production Surges.
Tanzania Moves Towards Steel Import Ban as Local Production Surges.
5 June 2025

Tanzania is preparing to halt steel imports due to a sharp increase in local manufacturing output, signaling a major step forward in the country’s industrialization agenda.During a visit to Lodhia Industries in Mkuranga District, Coast Region, Prof. Kitila Mkumbo—Minister in the President's Offi . . .

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Tanzania opens a facility for mining and industrial equipment parts.
Tanzania opens a facility for mining and industrial equipment parts.
4 November 2024

With the opening of the state-of-the-art East Africa Conveyor Supplies Limited (EACS) facility in Kahama District, Shinyanga Region, Tanzania has made great progress in the production of mining and industrial equipment parts.Speaking at the facility in the Buzwagi Special Economic Zone, EACS Managin . . .

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Tanzania Will Begin Generating Its Own Steel In Order To Cut Down On Imports.
Tanzania Will Begin Generating Its Own Steel In Order To Cut Down On Imports.
5 August 2024

Within the next three years, Tanzania intends to start producing steel domestically. It has already been determined that the project is situated in the Njombe Region's Ludewa District. In order to promote iron ore mining, the investor, Fujian Hexingwang Industry Tanzania Co Ltd, and the National Dev . . .

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In Sub-Saharan Africa, Multitrade 3D Systems becomes an authorized reseller for MX3D.
In Sub-Saharan Africa, Multitrade 3D Systems becomes an authorized reseller for MX3D.
5 July 2024

With great pleasure, Multitrade 3D Systems announces its relationship with MX3D, a prominent provider of Robotic WAAM (Wire Arc Additive Manufacturing) technology. This partnership designates Multitrade 3D Systems as MX3D's official sales partner in the Sub-Saharan Africa market. Through this partne . . .

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