Market News
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Four industrial parks in East Africa to be contracted
Posted on :Friday , 20th November 2015
Four industrial parks in Ethiopia will be constructed in the next two years that will cost US$ 2bn, a senior government official has confirmed.
Trade and industry State Minister Tadesse Haile confirmed that the concerned people have finalized on the inspection of four more parks in the eastern town of Dire Dawa, Kombolcha and Mekelle in the country’s Nor. . .Chinese Investors to Build Livingstone Trade Centre in Africa
Posted on :Thursday , 19th November 2015
Consortium investors from Tianjin, Northern China have pledged to establish an international procurement centre in Livingstone to facilitate the buying and export of Zambian products to China and possible markets.
A business delegation which is in Zambia to explore investment opportunities in the country have also pledged to invest more than US$20 million to e. . .Arki Mineral Water Bottling Factory Inaugurated
Posted on :Wednesday , 18th November 2015
The Arki Mineral Water Bottling Factory constructed at a cost of 40 million Birr was inaugurated last Saturday. It has created permanent job opportunities for 110 citizens.
Speaking at the inauguration ceremony, Industry State Minister Dr. Alemu Sime said that the industry and service sectors make significant contribution to the country's economic development.Althou. . .Ethiopia: Local Company Wins 800 Million Br Bid to Supply Re-Enforcement Bars
Posted on :Wednesday , 18th November 2015
Local steel company, Steely R.M.I., is supplying 44,075mt of reinforced steel bars worth 804.9 million Br to the government and signed a contract to this effect with the Public Procurement & Property Disposal Service (PPPDS) on November 9, 2015.
The government will pay this company 91 million Br more for the supply than if it had accepted the lowest offer. Steel. . .Zimbabwe: SA, Chinese Companies to Set up Steel Manufacturing and PVC Plants
Posted on :Friday , 13th November 2015
A LOCAL company, Tradecode Investments says it is close to securing a $20 mln investment from two separate investors for the construction of a steel manufacturing plant as well as a factory to produce PVC ceilings in Chiredzi.
The company’s managing director Venancio Kurauone said the investors from South Africa and China will each invest US$10 million in the . . .Please Select an Option
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