Market News | EAITE 2019

Market News

  • MAERSK launched the Musafir Express, a new feeder product connecting to Mogadishu, Somalia - East Africa

    Posted on :Thursday , 17th January 2019

    MAERSK, the most important instrumentality company within the world, has launched the Musafir specific, a brand new feeder product connecting to national capital, Somalia.

    The first sailing of the Musafir specific departed from Salalah on December twenty nine, 2018, before inward in national capital on January three, 2019.

    The bi-weekly service connects Somalia t. . .

  • All eyes on international routes as Tanzania is all set with its second Airbus

    Posted on :Monday , 14th January 2019

    The Tanzanian national carrier's second airliner A220-300 plane has landed.

    The plane, christened Ngorongoro, touched down at the Julius Nyerere International field in Dar atomic number 99 Salaam to nice eclat and ceremony last week on Fri.

    Added to the opposite airliner that arrived on Dec twenty three, it brings to 6 the amount of craft Air Tanzania Company Ltd. . .

  • Tanzania granted her Exports Free Market Access to Uganda

    Posted on :Tuesday , 8th January 2019

    Free market access for its soya and sunflower exports which is a boost to these products originating from the landlocked country has been granted by Tanzania to Uganda. The two countries, led by their respective trade ministries, was agreed that Ugandan traders be granted permits export the products to Tanzania.

  • Regional and Continental Integration for Africa’s Development

    Posted on :Wednesday , 5th December 2018

    At the African Economic Conference (AEC) in Kigali where more than 700 participants including policymakers, academics, development partners and financiers from across Africa and beyond were present in order to discuss ways to accelerate progress in infrastructure integration,that is including the removal of barriers for movement of people goods and services across borders within Africa.

  • East African focused fund manager, Catalyst Principal Partners, announces the close of its second fund, achieving $155 Million

    Posted on :Monday , 26th November 2018

    In 2009, the Catalyst Fund raised to $125 million which it invested in 9 companies in Kenya, Tanzania and Ethiopia with diverse interests in manufacturing of consumer goods, pharmaceuticals, industrial agro-processing, logistics and engineering as well as healthcare, technology and financial services. 


    Whereas, this year the Catalyst Fund II raises US$155 million suc. . .


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