Market News
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China to boost investment through \'industrialisation partnership� in Kenya
Posted on :Friday , 23rd January 2015
China and Kenya have agreed to extend their ‘industrialisation partnership’ with a new focus on technology transfer and more Chinese involvement in infrastructure development.21 Jan 2015
The agreement came as China’s foreign minister Wang Yi visited Kenya’s capital Nairobi as part of a tour of African nations aimed at bolstering commercial ties with the r. . .Dutch-backed ICT Companies to boost export competitiveness in East Africa
Posted on :Thursday , 22nd January 2015
The Netherlands Trust Fund III (NTF III) Export Sector Competitiveness Programme, a three-year, multi-phase Dutch-backed project with the International Trade Centre (ITC), has completed the company selection process. . .
Trade and Investment - Transforming Kenya�
Posted on :Thursday , 22nd January 2015
Today Kenya is ranked as a middle income country with a Gross Domestic Product in excess of US$50 billion becoming the fourth largest economy in Sub-Saharan Africa behind Nigeria, South Africa and Angola. These thre. . .
Qalaa Holdings Invests in East Africa�
Posted on :Wednesday , 21st January 2015
Egyptian private-equity company Qalaa Holdings SAE is investing $70 million to accelerate the movement of rail cargo carried from East Africa’s busiest port, as it faces competition from a new Chinese-backed link.
Qalaa controls Rift Valley Railways Ltd., the operator of a railway built almost a century ago running from Kenya’s Mombasa port to neighboring Uganda. It . . .UK based Company Looks at Investment To East Africa
Posted on :Wednesday , 21st January 2015
Old Mutual PLC Friday said it is buying a 23.3% stake in Kenya-based UAP Holdings Ltd, an East and Central African financial services company, for KES8.88 billion, or about USD97.6 million, part of its strategy to expand in Africa.
The acquisition comes as the FTSE 100 investment, savings, insurance and banking group looks to grow customer numbers in Africa, excluding South Afri. . .Please Select an Option
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