Market News
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Africa�s regulators are smothering its innovators
Posted on :Friday , 23rd September 2016
The birth of mobile money transfer in Kenya has raised optimism about the potential of the continent to leapfrog in other technologies. However, Africa’s mobile technology is starting to look like an exception despite efforts to create start-ups using emerging technologies and platforms such as drones, 3D printing, robots and machine learning.
There are many reasons for th. . .Egyptian Samcrete�s IDG studies developing industrial zones in KSA, Ethiopia
Posted on :Wednesday , 31st August 2016
Industrial Development Group (IDG), the industrial arm of Egypt-based construction firm Samcrete, is studying developing major industrial zones in Ethiopia and Saudi Arabia. The move will be part of IDG’s strategy to expand businesses abroad.
Sameh Attia, IDG’s managing director, said his firm is currently conducting studies on offers received from. . .Ethiopia cements economic ties with Turkey with $13.5 million salt manufacturing plant
Posted on :Thursday , 25th August 2016
An Ethiopian- Turkish deal that mulled creation of a salt manufacturing industry has come to fruition with the establishment of a $13.5 million plant covering 50,000 square meters at the Afar regional state in Northern Ethiopia.
Currently, the manufacturing company has the capacity to create more than 300 job opportunities. This figure will reach 8,000 when th. . .Kenya: Japanese Firm to Build Organic Waste Processing Plant in Meru
Posted on :Wednesday , 24th August 2016
A Japanese company has started talks with the Meru County government to establish an organic waste processing plant in the county.Meiwa, a company that converts organic waste into charcoal through biomass carbonisation technology intends to set up in Meru before moving to other parts of the country.Speaking when he met Meru Gover. . .Trade, Industry Critical for Africa's Development - African Union
Posted on :Monday , 18th July 2016
Africa should prioritise trade and industrial sectors to address most of the prevailing challenges the continent faces, including the high rate of unemployment, to ensure sustainable development, Fatima Haram Acyl, the African Union (AU) commissioner for trade and industry, has said.
"While everyone should work to ensure peace, food security, and creating more . . .Please Select an Option
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