Market News
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Africa: It Is Good That Tazara Is Making Profit Again
Posted on :Thursday , 18th August 2016
We are so much delighted to share with our readers the good news from Lusaka, Zambia about the Tanzania-Zambia Railway Authority (TAZARA), which made 13.50 million US dollar profit in the 2015/2016 financial year as it makes steady progress towards fulfilling its great potential.It has attributed the profit to improved business resulting from increased haulage . . .Tanzania Awaits Sh1 Billion Dutch Aid For Runway Feasibility Project
Posted on :Wednesday , 17th August 2016
Dar es Salaam — Talks between Tanzania and the Netherlands are going on for the later to grant Sh1.2 billion (euros 500,000) to the later to finance a feasibility study for construction of a two-kilometre runway at the Julius Nyerere International Airport (JNIA).
The Tanzania Airports Authority (TAA) says it has submitted a proposal to the government of the Ne. . .Ethiopia: Industrial Parks Promoting Foreign Investment Influx,Tapering Unemployment
Posted on :Tuesday , 16th August 2016
Around the world, industrial parks have become significant vehicles for countries to provide competitive environments for industries to take off. Cognizant to this fact, the government of Ethiopia prioritized to the development of industrial parks to accelerate the economic transformation, promote and attract both domestic and foreign investors.The Industrial P. . .Dam construction going full steam while Egypt-Ethiopia talks stall
Posted on :Monday , 15th August 2016
BENISHANGUL-GUMUZ, Ethiopia — Ethiopia is seeking rapprochement with Egypt through the media after years of rising apprehension over the Grand Ethiopian Renaissance Dam of the Blue Nile watershed.The tension arose almost as soon as then-Ethiopian Prime Minister Meles Zenawi laid the foundation stone in April 2011 for the now almost-finished dam.Ethiopia: Road Development Advancing Economic Growth - Premier
Posted on :Wednesday , 10th August 2016
For the last two decades the government devoted its finance,time and human resources for road construction and tremendous results have been achieved. The double digit economic growth also attributed to the road and transport sector development though much remains to be done.Inaugurating the 28.1-kms Lebu-Akaki- IT Park Goro road connecting the city with Addis-A. . .Please Select an Option
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