Market News

The FDI promotion and Technology Transfer Affairs Directorate General of the MoFA took part in the U.S.-Africa Trade and Investment Forum organised by the Corporate Council on Africa (CCA) and the U.S. Mission to the African Union in Addis Ababa On February 12, 2019.   In order to examine way . . .

Report from Rand Merchant Bank (RMB) has forecasted that Kenya, Rwanda, Ethiopia and Tanzania will be among Africa’s most attractive investment destinations in 2019.  East Africa being a performing region in last few years has recorded more than an average growth in the number of Foreign . . .

Establishment of the Regional Automotive Industry Platform of East Africa has enhanced East African states to move towards integrated automotive market. They instinct it will be productive for global automotive manufacturers to invest in the region in both assembly and component manufacture.The new . . .

The East African Community is paving way for more local assembly points and manufacturing plants of affordable vehicles in the region. This comes day after an Extra Ordinary Sectoral Council on Trade, Industry, Finance and Investment met last week to have conversations on industrialization matter . . .

Tanzania offers many opportunities and the 21st Autoexpo Africa scheduled for November 2018 in Dar es Salaam is one of the mainstream avenues for marketing a global brand like Hyundai to the East African region. The company is preparing to introduce new products and is working on expanding its portf . . .