29 Years Celebration

Latest Business News

Rwanda aims for US$140mn annually as export returns through horticulture

Rwanda is depending on its horticulture sector to fetch export returns worth around US$140mn annually by the end of the decade
Around 10-20 medium-sized exporters and production on 2,000 hectares of nucleus farms with 6,000 hectares of outgrowers could accomplish the set target, said officials.
According to the country's National Agricultural Export Development Board chief George William Kayonga, the horticulture sector presents huge investment opportunities, and the.... Read more »

Posted on : Wednesday , 23rd December 2015

C-MRF launched by COMESA to improve grain trade

The COMESA Mutual Recognition Framework (C-MRF) has been launched to facilitate grain trade between COMESA nations
The goal of the C-MRF, launched in Uganda last week, is to establish common grading criteria for maize, enable proficiency testing for aflatoxin analysis and risk-based sampling protocol.
The roadmap will provide analytical results and recognise analysis certificates issued by labs of participating countries, mitigating the needfor multiple testing.
.... Read more »

Posted on : Wednesday , 23rd December 2015

Sino-Kenya Agricultural Cooperation Reaches Critical Milestone

 Kenya's bilateral cooperation with China in agriculture, livestock and fisheries has reached a critical milestone with implementation of joint programs to achieve food security and boost rural incomes, officials said on Thursday

 
Speaking at a China-Kenya conference on agriculture cooperation in Nairobi, the acting Cabinet Secretary for Agriculture, Livestock and Fisheries Adan Mohamed said Beijing's contribution is critical to transform a sector th.... Read more »

Posted on : Wednesday , 23rd December 2015

Norway and Kenya to Cooperate in Oil for Development Programme

Kenya has requested assistance from Norway in developing its petroleum sector. Through the programme Oil for Development, Norway will support Kenya in improving management of its natural resources and protection of the environment with the objective that oil and gas resources to benefit the country and its people,’ said Minister of Foreign Affairs Børge Brende.

The Norwegian Government approved 17 December that Norway will enter into an agreement with Ken.... Read more »

Posted on : Wednesday , 23rd December 2015

Kenya: Mining CS in talks With Miners Over New Royalties

The government plans to fastrack implementation of higher mining royalties to give Kenyans a bigger share of earnings from the country’s mineral resources, newly appointed Mining Cabinet secretary Dan Kazungu said yesterday.

Kazungu said the government is negotiating with miners for a new royalty structure, and any new miner will abide to the updated rates.

“We are negotiating with the companies that have been paying much lower rates. We are.... Read more »

Posted on : Wednesday , 23rd December 2015

Mozambique Sees Big Uptick in Gas Exports

At the opening the 1st Coordinating Council of the Ministry of Mineral Resources and Energy Mozambique’s Minister of Resources and Mining, Pedro Couto, revealed that the country’s natural gas exports had doubled in 2015 to approximately 115.4 million gigajoules.

Couto also revealed that production of natural gas had increased by 8% but added that the fall in prices on world markets could affect exploration activities in the country.
 
Co.... Read more »

Posted on : Tuesday , 22nd December 2015

Sonatrach Plans Production Boost for 2016

Sonatrach, the Algerian state-run oil and gas firm, is aiming to increase crude output by 5% in 2016, although the added production most likely won’t make up the revenues lost due to the near seven-year low crude prices.

The North African country is looking to attract international companies to an auction of rights to develop oil and gas fields, including those with hard-to-reach tight deposits, Salah Mekmouche, Sonatrach VP of exploration and production, said in an .... Read more »

Posted on : Tuesday , 22nd December 2015

Aker Solutions and Saipem to Team up on Subsea Projects

Aker Solutions and Saipem entered into an agreement that has them cooperating on targeted subsea oil and gas development projects globally. The companies will through a joint work group identify opportunities where they can create value for customers by combining Aker Solutions’ capabilities in subsea products and technologies with Saipem’s assets and expertise in engineering, procurement, construction and installation of subsea infrastructures.

“We will .... Read more »

Posted on : Tuesday , 22nd December 2015

Off Grid Electric Raises $45 Million in Debt Financing

Off Grid Electric, a micro-solar leasing platform for Africans, has raised $45 million in debt financing for solar power and battery storage. The Packard Foundation, Ceniarth, Calvert Foundation and other family offices will lend up to $40 million to the fund. The US Agency for International Development's Development Innovation Ventures program has also provided a $5 million grant.

 
That brings Off Grid's investment total to $70 million this year includin.... Read more »

Posted on : Tuesday , 22nd December 2015

East Africa Business Council to Search for Investment in Northern Corridor

 The East African Business Council will commission a study in January to identify investment opportunities on the Northern Corridor.
EABC acting executive director Lilian Awinja said this is part of the lobby group's effort to get the private sector to participate more in the Northern Corridor Infrastructure Projects initiative (NCIP).
 
"Our study will look at opportunities, magnitude of the projects, available incentives in diff.... Read more »

Posted on : Tuesday , 22nd December 2015

Construction on Mombasa’s port to begin in early 2017

 Work on the second phase of Mombasa port’s second container is scheduled to commence in early 2017

portmombasa pixabay huskyherzThe port of Mombasa is a key trade gateway to and fro East Africa. 
Kenya Ports Authority managing director Gichiri Ndua said that the construction is likely to cost nearly US$213mn, and provide an additional capacity of 470,000 and 550,000 TEUs.
Following this construction will be the development of the th.... Read more »

Posted on : Tuesday , 22nd December 2015

UK’s Energy to boost solar power in Africa

 Nigerian vice-president Yemi Osinbanjo has signed an agreement with the UK government to increase the deployment of solar energy to the West African country’s rural communities

solar succo pixabayThe campaign intends to accelerate the development of Africa’s emerging solar market, working with African governments, investors, businesses, NGOs, think tanks, and other donors. 
The signing follows the launch of the UK’s Energy Africa ac.... Read more »

Posted on : Tuesday , 22nd December 2015



SUPPORTING ASSOCIATIONS

EXPOGROUP

Expogroup is a full service exhibition organiser with over 29 years experience in International.Trade Exhibitions and Events. Our current portfolio includes 25 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.

EXPOGROUP © 1996 - 2025 | Privacy Policy

Subscribe Newsletter

Join our mailing list and receive latest news and advice from us in our monthly Newsletter

Yes, I would like to receive Expogroup E-newsletters

Instant Reply