Tanzania’s Tanga Port has acquired three new barges for US$10mn that will significantly increase storage capacity, reduce operational costs and improve overall port performance
port robertpratt flickrThe new barges will enhance the port's operational efficiency. (Image source: RobertPlatt/Flickr)
The new barges have the capacity to carry 3,500 tonnes of general and bulk cargo each at a time or 192 containers of 20 feet each, at a time. Tanga Port is a lighterag.... Read more »
Posted on : Monday , 28th December 2015
K’s Energy Africa campaign and USA’s Power Africa initiative have decided to sign a partnership to aid Africa with power generation projects
Posted on : Monday , 28th December 2015
A number of French investments are lined up for Zimbabwe in 2016 with power giant, Schneider Electric, expected to enter the Zimbabwean market, French Ambassador to Zimbabwe Laurent Delahousse has said.
Posted on : Monday , 28th December 2015
Khartoum — The Ministry of Minerals has signed and agreement with the Neelan International Company for Mining according to which the company was granted concession block for exploration for gold at Halfa Locality in the Northern State.
Posted on : Monday , 28th December 2015
The Government is considering exporting high value crops to the US under the African Growth Opportunity Act (AGOA).
Posted on : Monday , 28th December 2015
African countries can now export their cotton to developed countries duty-and quota-free as from January following a global deal sealed in Nairobi at the World Trade Organisation Ministerial Conference.
Posted on : Monday , 28th December 2015
Nairobi — The direct flight between the Chinese city Guangzhou and Kenya's capital Nairobi launched by China Southern Airlines in August has elevated Sino-Kenya relations, airline officials say.
Posted on : Monday , 28th December 2015
Africa and the Republic of Iran have centuries of friendship. They struggled for freedom, equity and justice for their people and beyond. The two have also shared rich culture and people to people relations for long. The Iranian foreign and economic policies always give special attention for the African Continent and put it at the centre. After its revolution, the Republic of Iran has changed its foreign policy orientation and its economic ties towards developing countries based on .... Read more »
Posted on : Saturday , 26th December 2015
Mbanza Congo — The governor of the northern Zaire province, José Joanes André, said on Tuesday in Mbanza Congo city that the province is open to welcome entrepreneurs who want to invest in various socio-economic areas in the region, aiming at contributing to its development.
Posted on : Saturday , 26th December 2015
The construction of Zambia's first bio-refinery to cater for 20 per cent of the country's petroleum requirements has come at the right time when the country is in dire need of cheaper energy to propel its economy.
Posted on : Saturday , 26th December 2015
The African Development Bank (AfDB) says it had devoted at least $1 billion to finance power and infrastructure projects in Africa this year alone.
Posted on : Saturday , 26th December 2015
When Nigeria first unveiled incentives for carmakers to set up plants its auto industry had ground to a standstill.
Fast forward two years, and there are at least 36 automakers with production licenses in the continent’s biggest economy, with Volkswagen AG, Nissan Motor Co. and Ford Motor Co. already making vehicles with local partners. The country is seeking to join South Africa as the only manufacturing base for the car industry in sub-Saharan Africa, with cou.... Read more »
Posted on : Thursday , 24th December 2015
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