Market News
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Africa: Building East Africa Information Expressway to Open a New Chapter of China-Africa Cooperation
Posted on :Monday , 4th January 2016
The Johannesburg Summit of the Forum on China-Africa Cooperation (FOCAC) was opened on December 4thwhen President Xi Jinping announced to upgrade China-Africa relationship into a comprehensive strategic cooperative partnership, and said that China is willing to implement ten major cooperation initiatives with the African side in the following three years. Such a portfolio has won high recogniti. . .
Tanzania Exports Rise By 9.2 Per Cent On Strong Industrial Manufacturing
Posted on :Monday , 4th January 2016
Tanzania's value of exports has increased by 9.2 per cent as manufacturing improved in the year ending 2015, according to the Bank of Tanzania (BoT).
The exported goods and services reached $9.4 billion, said the latest Monthly Economic Review for November.Foreign exchange earner increased from $1.98 billion to $2.23 billi. . .Panafrican Group partners with Canadian college for technical growth in Industrialization
Posted on :Tuesday , 29th December 2015
The Panafrican Group, which has operations in East and West Africa, has partnered with Canada’s College of the Rockies (COTR) to create a learning programme for technicians
shutterstock 303577625Panafrican Group provides equipment such as Komatsu for a range of applications including mining. According to the company, the COTR and Panafrican will create the Prior Learn. . .SamZim opens new production facility in Harare
Posted on :Tuesday , 29th December 2015
SamZim, the Zimbabwean partner of South Korean electronics major Samsung, has opened a new manufacturing, sales and service outlet in Harare samsung manilaimperialmotorsales Samsung will manufacture television sets, in addition to opening a digital village in Harare.
In addition to the production unit, an engineering academy has also been set up on the Zimpost Complex.East Africa: Direct Flights Boost Sino-Kenya Trade and Exchanges
Posted on :Monday , 28th December 2015
Nairobi — The direct flight between the Chinese city Guangzhou and Kenya's capital Nairobi launched by China Southern Airlines in August has elevated Sino-Kenya relations, airline officials say.
Linda Masinde, a supervisor at China Southern Airlines Nairobi office, said the Nairobi-Guangzhou direct flight had enhanced Sino-Kenya trade and people-to-people exch. . .Please Select an Option
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