Market News
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Tanzania Plans $10bn Mega-Port
Posted on :Monday , 1st February 2016
In a bid to transform Bangamoyo, Tanzania into a regional trade and logistics hub, the Tanzanian government has secured investments totalling $10 billion to build a mega-port, according to Tuscor Lloyds.
The project has received around $10.7 billion in finance from China and Oman, which will be used to develop port facilities in order to boost Bagamoyo’s. . .East Africa and China deepen ties, sign trade agreement
Posted on :Friday , 29th January 2016
Djibouti’s president has signed an agreement with China to set up a trade zone and establish legal framework to let Chinese banks operate in the country, according to a Reuters report
Djibouti President Ismail Omar Guelleh stated the aim is to have the first phase completed and operational before end of 2016The trade zone is expected to cover an area of . . .East Africa and China deepen ties, sign trade agreement
Posted on :Friday , 29th January 2016
Djibouti’s president has signed an agreement with China to set up a trade zone and establish legal framework to let Chinese banks operate in the country, according to a Reuters report
Djibouti President Ismail Omar Guelleh stated the aim is to have the first phase completed and operational before end of 2016The trade zone is expected to cover an area of . . .Himoinsa to launch new products and expand presence in 2016
Posted on :Thursday , 28th January 2016
Spanish genset manufacturer Himoinsa’s turnover in 2015 grew by 15 per cent, with strong sales figures coming in from the Middle East, Africa, Asia Pacific and Europe
While Europe emerged a key market contributing 37 per cent of the total turnover, America followed with a 26 per cent share and Asia Pacific with a 17 per cent share. The Middle East and Af. . .Rwanda Special Economic Zone Continues to Attract Investors
Posted on :Wednesday , 20th January 2016
As Rwanda is the second easiest place to do business in Africa after Mauritius, as indicated by the World Bank's 2016 Doing Business report, its Special Economic Zone has continued attracting investors.
The Special Economic Zone program within the Rwanda Development Board (RDB) is designed to address domestic private sector constraints such as availability of indust. . .Please Select an Option
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