Market News
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Finland Investing in hardware development in Tanzania
Posted on :Saturday , 17th January 2015
DARES SALAAM: A bilateral project supported by Finland in Tanzania is diversifying to hardware development business starting this year. The project implemented through Tanzania Science and Technology ( Tanzict) is taking giant leap into ambitious three - dimensional ( 3D) printer development at its innovation hub based in Dar es salaam. Confirming the new developments, co-manager at Tanzi. . .
East Africa looks to boost exports through trade balance
Posted on :Friday , 16th January 2015
In the wake of the global economic crisis, Kenya’s exports grew rapidly, rising from KSh344.9bn ($3.9bn) in 2009 to KSh409.8bn ($4.6bn) in 2010, a jump of 18.8%, according to the Kenya National Bureau of Statistics. Even amidst the slowdown in eurozone demand, overseas sales continued to increase over the following year, climbing 24.7% to hit KSh511bn ($5.8bn) in 2011. The pace of e. . .
Kenya pursuing manufacturing growth
Posted on :Friday , 16th January 2015
Kenya’s government is currently considering the final iteration of a bill that would establish three special
economic zones (SEZs) within the country. The SEZs will allow lower levels of taxation and fewer regulatory hurdles, and will focus primarily on industrial activity, in particular textile production. The SEZ bill is part of a broader initiative to boost the manufact. . .UK exporters competing for business in Africa
Posted on :Thursday , 15th January 2015
UK Export Finance (UKEF), the UK's export credit agency, has announced that it is making enhanced cover available to UK exporters competing for business in Rwanda.
Africa to Set Up Independent Body to boost industrialization
Posted on :Thursday , 15th January 2015
Oromia is conducting a study which could lead to the establishment of an autonomous body that will be fully in charge of industrial development in the region, instead of the Industry & Urban Development Bureau a. . .
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