Kenya's President Uhuru Kenyatta flagged off the country's first export shipment of oil Monday, more than 200,000 barrels of crude.
The oil exports begin an era of greater prosperity for Kenyans. The oil was purchased by a British-based Chinese company, according to a Kenyan government announcement, AP reported.
The shipment is an accumulation of oil produced since Kenya began pumping in June 2018 at up to 2,000 barrels a day.
The oil was.... Read more »
Posted on : Wednesday , 28th August 2019
Cyril Ramaphosa and John Pombe Magufuli met in Tanzania for bilateral talks ahead of the 39th Ordinary Summit of the Southern African Development Community (SADC) held in the capital Dar es Salaam.
Posted on : Tuesday , 27th August 2019
East African Community member states are working towards linking the regional electronic payment system to other payment solutions in Africa, to moderate trade around the continent following the launch of the African Continent Free Trade Area (AfCFTA).
Posted on : Monday , 26th August 2019
Following Iran’s policies for development of trade ties with African countries, the country’s Trade Promotion Organization (TPO) hosted an Iran-East Africa business forum at Tehran Permanent International Fairgrounds to provide an opportunity for the two sides to discuss future steps in economic relations.
Posted on : Monday , 26th August 2019
COLGATE PALMOLIVE (PAKISTAN) LIMITED, a global leader in consumer products is participating at the 22nd EAST AFRICA INTERNATIONAL TRADE EXHIBITION (EAITE), Tanzania's premier business event. The well renowned international trade event is to be hosted at the centrally located Diamond Jubilee Hall from the 07th to 09th November, 2019. The company is expected to introduce leading products to the Tanzanian and Sub Saharan market with a wide market penetration in the East African Region..... Read more »
Posted on : Thursday , 22nd August 2019
Kenya will confirm the procurement of offshore oil and gas analysis blocks by Qatar Petroleum, a State-owned company of the energy-rich Arab nation, Petroleum Principal Secretary Andrew Kamau has said.
Posted on : Wednesday , 21st August 2019
The government of Kenya has partnered with South Korea on an agricultural mechanisation project that seeks to increase productivity.
The governments will work jointly under the Korea Africa Food and Agricultural Corporation Initiative (KAFACI) project, which is targeting small-scale farmers.
The project is aimed at lifting the current mechanisation rate of 30 percent to at least 40.... Read more »
Posted on : Wednesday , 21st August 2019
Tanzania coffee production has almost doubled to four years high, thanks to good weather and high crop circle boom this season.
Tanzania Coffee Board (TCB), acting Director General Primus Kimaryo told the ‘Daily News’ yesterday that the production boomed from 47,000 metric tonnes in 2 017 / 18 to 6 5 ,5 00 metric tonnes in 2 018 / 19 . He said coffee production was also pushed up by control instituted at c.... Read more »
Posted on : Wednesday , 21st August 2019
Kenya is eager to collaborate with Botswana in exploration and production of more green energy to witness the increasing demand for electricity, said an energy official.
Posted on : Tuesday , 20th August 2019
Rock Plant East Africa, a global leader in construction, quarry and mining solutions is participating at the 5th Minexpo Africa, Tanzania's premier business event for the mining and heavy machinery industry. The international trade event is to be hosted at the centrally located Diamond Jubilee Hall from the 12th to 14th September, 2019. The company is expected to promote its industry-leading range products and machinery to the Tanzanian and Sub Saharan market.
The Minexpo Af.... Read more »
Posted on : Tuesday , 20th August 2019
South Africa’s President Cyril Ramaphosa welcomed by John Magufuli, the President of Tanzania during his visit to Dar es Salaam. This was the first official visit of the South African President to Tanzania after being elected in May. The two presidents discussed many bilateral issues between the countries and signed agreement under many sectors for the advancement of trade, investment, energy cooperation and infrastructure development between these countries.
Ramaphosa.... Read more »
Posted on : Monday , 19th August 2019
Posted on : Monday , 19th August 2019
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