Market News
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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. . .Rwanda: Govt, Private Sector Move to Streamline Textile Industry
Posted on :Wednesday , 20th January 2016
The Ministry of Trade and Industry and the Association of Professional Tailors plan to set up a tailoring factory under a company to be named "Kigali Garment Centre" to reduce importation of second hand clothes, Minister Francois Kanimba said.
Speaking at a dialogue with the tailors, yesterday, in Kigali, the Trade and Industry minister said the factory wo. . .UK Firm Ready to Build Iron Smelter in Chambishi
Posted on :Wednesday , 20th January 2016
A United Kingdom (UK)-based company has expressed interest in putting up an iron smelter at the Chambishi Multi-Facility Economic Zone (CMFEZ).
Zambia-China Economic and Trade Corporation spokesperson Stephen Lindunda said in an interview that the UK-based company was interested in establishing the iron smelter at CMFEZ.He said 10 Chi. . .Please Select an Option
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