Market News
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2.5 Billion Euro Funding By France To Boost Africa's Industrial Growth
Posted on :Thursday , 4th April 2019
African start-ups and small businesses up to 10,000 stand to receive financial and technical support to the tune of Sh282.5 billion (€2.5 billion) under a newly launched entrepreneurship drive by visiting French President Emmanuel Macron.
The Choose Africa campaign seeks to ignite . . .
East Africa among most promising destinations for foreign investors in Africa
Posted on :Thursday , 7th February 2019
According to a new study by South Africa’s Rand Merchant Bank (RMB), Kenya, Rwanda, and Tanzania are bound to be among Africa’s most attractive investment destinations in 2019.
3000 Projects Registered as Tanzania's Industrialization Agenda Gains Pace
Posted on :Friday , 12th January 2018
Tanzania’s agenda of industrialization is fast-gaining momentum. Statistics are indicating the registrations of approximately 3,000 small, medium and large scale industries with a number of government industries worth over 5trl in the past year.
This comes at a time when the international community is expecting a 6.5 to 7 percent growth in Tanzania&rs. . .Siemens in Africa have invested R5.5m in industrial automation
Posted on :Monday , 27th November 2017
Siemens announced that they invested R5.5 million in industrial automation equipment for higher learning institutions in South Africa, Nigeria, Tanzania, Ghana and Kenya.
CEO of Siemens Southern and Eastern Africa, Sabine Dall'Omo said in a statement that the company's latest investment intends to aid the development of locally engineered solutions."In an African con. . .Tanzania: Revival of Kilimanjaro Machine Tools Underway
Posted on :Wednesday , 19th July 2017
THE government through its industrial development and promotion organization National Development Corporation (NDC) has started to revive the once defunct Kilimanjaro Machine Tools Company (KMT) for the manufacture of machines.
The KMT General Manager, Eng Adrian Nyaluke, said at the ongoing Dar es Salaam International Trade Fair (DITF) manufacturing activitie. . .Please Select an Option
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