Market News

 Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infras . . .

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries. Africa has record . . .

 The Japanese company has revealed that it is setting up a subsidiary in the East African country, with plans for a solar panel assembly plant.   It will officially open the subsidiary, Koyo Bussan Tanzania, in Dar es Salaam this week, according to an online statement.   It did no . . .

 Africa Off Grid Solar Lighting Market size is expected to reach USD 1.41 billion by 2024; according to a new research report by Global Market Insights, Inc. SLS, SHS and LSHS are key products prevalent in the industry. Solar lantern system was largest product segment followed by SHS. The SHS . . .

Shinyanga — A firm has donated and installed solar panels worth Sh75.88 million at Buhangija Centre for children living with albinism   Speaking to The Citizen on Wednesday, CSI Electrical Limited official Joan Kahwa, said the donation was part of the firm's community support programme. . . .