In light of Bangladesh's considerable success and good experience in the industry, Kenya has invited Bangladesh to utilise the huge farmland of the African nation for food production.
It also expressed interest in fostering business partnerships, capital investments, and training and knowledge transfers in the fields of agriculture, information technology, women's empowerment, and UN peacekeeping.
Following the first-ever Foreign Office Consulta.... Read more »
Posted on : Friday , 26th August 2022
Aviareps, leading international representation, marketing and communications company for aviation, tourism, hospitality, and food & beverage brands, will open two new offices in Dar es Salaam, Tanzania, and Nairobi, Kenya in October 2022.
The new owned offices will create a permanent Aviareps presence in Tanzania and Kenya to provide specialized GSA representation services as well as marketing and public relations support, tailored to aviation and tourism bran.... Read more »
Posted on : Thursday , 25th August 2022
Dar es Salaam. Pakistan is planning to inject some $1 billion in Tanzania during the next 5 years as the Asian nation seeks to up its involvement in various sectors of the latter’s economy.
The plan, which comes within 1 month after the launch of the Tanzania-Pakistan Business Council (TPBC), will benefit agriculture, water, mining, education, health, port, solar energy, climate change and solid waste management sectors, TPBC chairman Shaidi Majeed said at .... Read more »
Posted on : Thursday , 25th August 2022
The two officials got together to talk about ways to improve their nations' sisterly relations' bilateral pharmaceutical collaboration. Minister Dr. Benbahmed received a briefing from Ambassador Nebiat, who also described the regulatory and distribution framework for pharmaceuticals in Ethiopia. Ethiopia offers a significant trade and investment potential for the pharmaceutical industry in Algeria.
He continued by saying that, in accordance with data gathered from.... Read more »
Posted on : Thursday , 25th August 2022
In the upcoming years, six strategic investors will invest a combined $1.1 billion as the government ramps up its investment promotion campaign, supported by pro-business and economic diplomacy initiatives.
This occurs at the same time as Tanzania Investment Centre (TIC) is proud to have increased the number of investment projects by 14.6% in the fiscal year 2021–2022.
John Mnali, the interim executive director of TIC, told reporters that.... Read more »
Posted on : Thursday , 25th August 2022
At least seven African countries are at various stages - commissioning, shopping for vendors and mapping appropriate sites - in the roll-out of nuclear power plants, as a majority eye 2030 as a start-date for generating electricity from nuclear energy.
Egypt is currently the only country to have begun construction, following the formal launch of a site in July. The US$25 billion project, being developed by Russian state energy corporation Rosatom, will have total .... Read more »
Posted on : Thursday , 25th August 2022
The first all electric bus in Kenya and the first electric bus ever with an African design have just been launched by Opibus. By the end of 2023, the business hopes to offer an electric bus that was created and built locally and that can be mass-produced for the entire African continent. The deployment of products designed for the local use case is a step in achieving Opibus's objective of electrifying Africa's public transportation system. Local engineering ability is used locally .... Read more »
Posted on : Wednesday , 24th August 2022
During the fiscal year 2021/2022, the Mineral Development Authority of Oromia Regional State earned USD 324 million from mineral mining. During the same time period, the Regional State sold 4,316 kilos of gold and 461,000 tonnes of coal. Furthermore, it delivered 22 million tonnes of gypsum stone to Addis Abeba-based building enterprises.
Oromia is said to contain untapped mineral resources. However, the Regional State has barely accessed 10% of its mineral resour.... Read more »
Posted on : Wednesday , 24th August 2022
Feilden Clegg Bradley Studios (FCBStudios), a British architectural design firm, has been selected to develop the green city Kigali master plan and detailed designs for the pilot phase.
Established in 1978, with offices in Bath, London, Manchester, Belfast and Edinburgh, the firm is known for its pioneering work in sustainable design and social design agenda.
The selection was done in partnership with the Royal Institute of British Architects according to Rwanda Green Fu.... Read more »
Posted on : Wednesday , 24th August 2022
According to the Ethiopian Maritime Authority, modern and appropriate services would be offered in the Dire Dawa Free Commerce Zone to enhance import-export trade and attract investment.
Ethiopia's first free trade zone, which was recently established, is anticipated to speed up industrialisation and the economy while cutting costs and lengthening the time required for logistical operations.
Ewnetu Taye, the authority's deputy director for logis.... Read more »
Posted on : Wednesday , 24th August 2022
The East African Community (EAC) exported services worth $12.9 billion in 2019 against $933.6 billion worth of imports.
The outbreak of Covid-19 and its resultant impact on trade, notwithstanding, trade in services has contributed immensely to the region's recovery.
This was revealed by the East African Business Council (EABC) executive director John Bosco Kalisa during a high level business dinner.
During the event, he briefed the business leaders in Arusha on the.... Read more »
Posted on : Tuesday , 23rd August 2022
Korean Overseas Infrastructure and Urban Development Corporation Africa has been given the job of building the Nairobi-Mombasa Expressway in Kenya (KIND). Following the withdrawal of US contractor Bechtel Corp from the project, the East African nation selected KIND to build the 473-km road.
The Kenyan government has already received a feasibility report for the project from the South Korean company. Furthermore, it has consented to proceed with the high-speed high.... Read more »
Posted on : Tuesday , 23rd August 2022
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