Market News

Rwanda is putting up a landmark conference centre as part of its plans to reap from conference tourism. Kigali Conference Centre, a dome-like construction being built mainly using steel, will have a seating capacity of 2,600. According to Frank Murangwa, the Meetings Incentive Conference and Events . . .

Jakarta (ANTARA News) - Indonesia pays more and more attention to Sub-Saharan Africa as promising emerging markets in the next decades. At a roundtable discussion on opportunities for investment and trade cooperation in construction services and products in Sub-Saharan Africa held recently by the . . .

Formal agreements for plans to build a new railway line in East Africa with Chinese help have been signed in the Kenyan capital, Nairobi. It is to run from Mombasa to Nairobi and will extend eventually to Uganda, Rwanda, Burundi and South Sudan. In Kenya, the line is to replace a narrow-gauge trac . . .

 Cement production is becoming an important manufacturing activity that would contribute immensely to Tanzania’s economic growth, in terms of exports and job creation. The cement industry has of late seen more key players coming in, the move that would lead to increased production to mak . . .

 The discovery of oil and gas in the Mtwara and Lindi regions in Tanzania is the main reason for the upgrade process Mtwara port is to undergo. The two regions have the largest share of the 43 trillion cubic feet of natural gas discovered in Tanzania.   Mtwara port manager, Musiba Fikili . . .