Market News
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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. . .IMF Puts Kenya Growth At 5.6 Percent
Posted on :Wednesday , 20th January 2016
Kenya's economy will grow at 5.6% slower than earlier projected, but several major infrastructure projects will help to shore up its prospects.
'The economy is projected to continue to expand robustly, although at a slower-than-projected pace. Real GDP is projected to grow by 5.6 percent in 2015 driven by public infrastructure spending, buoyant credit growth, . . .CEOs Place Kenya Among Top Investment Places
Posted on :Wednesday , 20th January 2016
Global logistics executives have ranked Kenya among the top promising investment markets in Africa, after South Africa and Nigeria.
A report titled Agility Emerging Markets Logistics Index 2016 says a fast-growing middle class and the demand for mineral resources are important growth drivers in the country.Others are new oil and. . .Please Select an Option
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