The Climate Investment Funds (CIF), a multilateral climate finance vehicle, has endorsed Rwanda's renewable energy investment plans, making the country eligible to benefit from $50 million (about Rwf37 billion) for renewable energy funding.
Posted on : Monday , 16th November 2015
The East Africa Exchange (EAX), a regional commodities exchange warehouse receipt system, is expected to advance over $70 million in credit to smallholder grain farmers who have been starved of funding.
Posted on : Monday , 16th November 2015
Algiers — An agreement was signed, Thursday, between Algeria and China for the construction of a cultural and entertainment complex for youth in the municipality of Baraki (Algiers).
Posted on : Monday , 16th November 2015
But as to the sources of growth in electricity markets, coal’s relevance is going to diminish with every year and it’s going to diminish much faster than anyone had been thinking. The world is on track to hit the 1°C milestone this year.
He says it’s the first time the IEA has properly acknowledged the rise of renewable energies and the inevitable decline of coal power.
Instead, China is passing the baton to India, according to the.... Read more »
Posted on : Monday , 16th November 2015
Oil-rich South Sudan seceded from what is now the Republic of Sudan in 2011. Khartoum estimates that the loss of the southern oilfield brought oil production volumes down to some 150,000 of barrels a day from a previous half a million barrels per day.
“Actually, we are planning to expand, although the prices are going down,” Ambassador Nadir Babiker told RIA Novosti, adding his country imports oil byproducts like gasoline for the needs of its agricultural .... Read more »
Posted on : Monday , 16th November 2015
The government yesterday signed more contracts with mining companies to boost production and exports.
The contracts, signed between the Ministry of Natural Resources, Rwanda Development Board (RDB) and the investors, are aimed at bolstering exports by at least 28 per cent, Evode Imena, the state minister in charge of mining, said.
RDB granted four mining companies with licences to take charge of six mining blocks in Ngororero District, Western Province.
.... Read more »
Posted on : Monday , 16th November 2015
The move comes after the accomplishment of all legal procedures and fulfillment of sailor’s demands such as health insurance and working contracts to companies that they will be working with.
Speaking in Dar es Salaam, the TSC Chairman, Mr Frank Chuma said that they have reached agreement with the government on the fulfillment of important requirements that are needed by seafarers.
He said next process shall be signing contracts between the Commun.... Read more »
Posted on : Monday , 16th November 2015
Local entrepreneurs and investors in the ICT sector have partnered to form a wholesale distribution outlet of gadgets and electronics manufactured in the country by Positivo BGH.
Posted on : Friday , 13th November 2015
A LOCAL company, Tradecode Investments says it is close to securing a $20 mln investment from two separate investors for the construction of a steel manufacturing plant as well as a factory to produce PVC ceilings in Chiredzi.
Posted on : Friday , 13th November 2015
Indian billionaire Ravi Jaipuria is set to invest US$30 million in a Pepsi bottling plant in the country, promoters of the project said.
Posted on : Friday , 13th November 2015
An agronomist at Wienco Liberia Limited (WLL), Eric Asante Antwi, has said that the company is poised to invest US$5m in Liberia's cocoa sector to help boost the production of the crop in the country.
Posted on : Friday , 13th November 2015
"DESPERATE times call for desperate measures" is an adage that A2 farmers in Somabhula, Vungu district, now know quite well after they turned to hay bailing for a living.
Posted on : Friday , 13th November 2015
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