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Market News

  • East Africa: The leap towards Industrialization

    Posted on :Monday , 19th January 2015

     Kenya Commercial Bank is still the biggest bank in the region, with Tier 1 capital of $567m, up from $479m last year, followed by another six Kenyan banks.

    The country has one of the most developed banking sectors in Africa but it is also one of the most competitive, with a very developed mobile banking sector as well as traditional, banks with a physical presence.
    D. . .

  • Growth in Industrial Investment

    Posted on :Monday , 19th January 2015

     MSCSA is a leading supplier of value-added steel products and arguably one of the country’s largest privately owned businesses, which has been in operation since 1904 and supplies the full range of carbon steel, special steel, stainless steel, aluminium products and value-added steel processes to more than 10 000 customers in various industry sectors across sub-Saharan Africa.

    . . .

  • Arica the next Investment Hub

    Posted on :Saturday , 17th January 2015

    International businesses are still not very aware of Africa&rsquo. . .

  • 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. . .

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