Kenya plans to roll out Special Economic Zones (SEZs) which will enjoy lower taxes to boost the country’s investment profile.
Posted on : Wednesday , 21st October 2015
Kenya’s economy is expected to grow at 5.4 percent in 2015, recording an improvement over the 2014 growth rate of 5.3 percent, says a new World Bank Group economic report released today. The growth rate in 2016 is projected to be 5.7 percent.
Posted on : Wednesday , 21st October 2015
Louise Mushikiwabo, the Rwanda foreign affairs and cooperation minister was in Russia last week after being invited by her counterpart and host Sergey Lavrov.
According to a release at the close of her two-day visit, it was stated that they discussed a broad range of diplomatic issues in a bid to strengthen bilateral ties between the two countries.
Addressing a joint news conference afterwards the two foreign ministers said Rwanda and Russia have a lon.... Read more »
Posted on : Wednesday , 21st October 2015
Ministers from the East African Community (EAC) have signed a Cooperation Agreement on Trade Facilitation, Sanitary and Phytosanitary (SPS) Measures, and Technical Barriers to Trade (TBT) with the U.S. Trade Representative, Ambassador Michael Froman on 26 February, 2015 in Washington, D.C.
Posted on : Wednesday , 21st October 2015
Growth in the five East African Community Partner States—Burundi, Kenya, Rwanda, Tanzania, and Uganda—has been robust but uneven, with millions of people left behind in poverty. Women, youth, smallholder farmers, and the poor are not fully represented in policy making or implementation nor integrated into the wider economic community.
Posted on : Wednesday , 21st October 2015
Lagos — STAKEHOLDERS from Nigeria government, utilities, consultants and investors will next month converge in Lagos to discuss the challenges of local markets, capacity building and investment in the regional power sector.
Posted on : Wednesday , 21st October 2015
Dar es Salaam — The government has said it is optimistic it can close the deficit of 1,290 megawatts of electricity to achieve the goal of generating 2,780 MW by the end of next year
Posted on : Wednesday , 21st October 2015
Kenya is the first country to benefit from a portfolio of 15 affordable medicines to treat cardiovascular diseases, diabetes, respiratory illnesses, and breast cancer.
“Novartis and Kenya have a relationship of more than 40 years, so I am delighted that Kenyan patients will be the first to benefit from Novartis Access.
“The successful implementation of the programme in Kenya will be essential to guide the expansion of Novartis Access to ot.... Read more »
Posted on : Wednesday , 21st October 2015
The sugar factory completion date--projected to be end this month when President Peter Mutharika is also expected to attend the third edition of India-Africa Forum Summit (IAFS) from October 26 to 29--should stand as a microcosm of what Africa and, Malawi in particular, can benefit from a resurgent India through stronger economic and political cooperation.
Posted on : Wednesday , 21st October 2015
A local agro chemical company, Shalom Agro Chemicals, has unveiled a $24 000 loan facility to benefit farmers in Nyanga. The inputs scheme was unveiled to farmers under a contract farming arrangement for Nyanga small- scale farmers. Farmers in the area hailed Shalom Agro Chemicals saying the money would assist them to buy inputs.
Posted on : Wednesday , 21st October 2015
Farmers in Migori, who had been left desperate following the exit of a company that had for years contracted them to grow tobacco, have now found hope in soya beans.
Posted on : Wednesday , 21st October 2015
On completion the project will give Tanzania's commercial capital the most efficient public transport system in the East African Community. Posted on : Wednesday , 21st October 2015
The AfDB Group Board of Directors recently approved loans of $97.42-million from the AfDB market window and the $44.29-million from the Africa Growing Together Fund (AGTF). The Bank's contribution to the project represents 88.9% of the total estimated cost of $159.32 million while the government will provide the remaining 11.1%.
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