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Market News

  • African trade agreement will provide economic boost for continent

    Posted on :Thursday , 30th July 2015

     The 19th-century British colonialist Cecil Rhodes' dream of unifying Africa from "Cape to Cairo" was not so far-fetched after all.

     
    Tinged with a dash of déjà vu, this dream was fulfilled yesterday with the launch of the Tripartite Free Trade Area Agreement (TFTA) in Sharm el Sheikh when 26 African heads of state endorsed an economic int. . .

  • Kenya, U.S. Sign Key Transport Deal

    Posted on :Wednesday , 29th July 2015

     Kenya and the US have signed a deal that would lead to the development of strategic infrastructure projects.

     
    The memorandum of understanding covers projects related to the Lamu Port South Sudan- Ethiopia Transport (Lapsset) corridor.
     
    During the signing ceremony on Friday, Cabinet Secretary for Foreign Affairs and International Tr. . .

  • Africa: Technology, innovation and infrastructure development

    Posted on :Saturday , 25th July 2015

    Continuous growth on the African continent has brought with it a growing need for infrastructure development to meet the requirements of the growing population.
     
    With that said innovation in the construction industry is at the core of development on the continent.
     
    Toby Shapshak, who will be a Keynote speaker at the African Construct. . .

  • Tanzania Stamigold Reaches USD 15 Million In Gold Exports In Its First Year

    Posted on :Saturday , 25th July 2015

    Stamigold Company Limited, subsidiary of Tanzania’s State Mining Corporation (STAMICO), announced that it has sold in international markets 12,923 ounces of gold worth USD 15 million, as a result of its first year’s operations at Biharamulo Gold Mine Project located in Kagera Region, Northwest of Tanzania.
    Tanzania-stamigoldThe announcement was done at an event headed by Stam. . .

  • Multimillion dollar Century Park Complex Rwanda set for construction

    Posted on :Friday , 24th July 2015

     The Kenya Commercial Bank Rwanda and Century Park Ltd have inked a financial partnership agreement to fast-track the multimillion dollar Century Park Complex Rwanda in Kigali .

    The bank will put in more than $200 million into the construction of the Century Park Complex Rwanda that is expected to add more than 200 apartments, 16 dinner lavish villas, supermarkets and two 5 star . . .

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