Market News

Kenya is among 12 countries set to benefit from a new initiative that is aimed at strengthening science, technology and innovation in Africa. The Science and Granting Councils Initiative in Sub-Saharan Africa will offer opportunity to member states to boost their science systems to support national . . .

Some senior Kenyan officials will visit China for a one-week training program sponsored by China’s Ministry of Commerce to learn innovative strategies to catalyze industrial progress in the east African nation. Kenya’s Principal Secretary in the Ministry of Industrialization and Enterpr . . .

 Hangzhou — Chinese Vice President Li Yuanchao called on China and Africa to draw on private investment in their industrial cooperation when he addressed the fourth China-Africa People's Forum in Yiwu of east China's Zhejiang Province on Wednesday.   The city is known as the world' . . .

 Metallon Corporation has acquired new equipment for its subsidiary, Arcturus mine in a move expected to turn around operations at the mine, a company official said. Metallon recently announced its intention to spend over $20 million on new projects this current financial year to increase produ . . .

 An Angolan investment group has agreed to develop an industrial hub in Lubango, Angola for US$350mn brewery-pixabaySTI's investment will be used to develop a brewery, mill, slaughterhouse, soft drink plant as well as a dairy products factory.  The investment is being made by Silvestre T . . .