Market News

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries. Africa has record . . .

 The Asian Infrastructure Investment Bank (AIIB) expects to cooperate with UN Industrial Development Organization (UNIDO) in boosting industrialization development in Africa in the future, Jin Liqun, President of AIIB on Monday told Xinhua.   Attending 50-year anniversary of UNIDO in Vie . . .

 Member states of the Eastern and Southern Africa (COMESA) have been urged to enhance power generation capacity to support industrial growth and increase access by rural areas.   Dr Kipyego Cheluget, the COMESA assistant secretary general, said access to power for industrial and commerci . . .

 A Kigali-based sanitation company is considering selling its waste-to-energy business model to cities across East Africa as it seeks to tap into the region's garbage disposal crisis.   Pivot Works Ltd, which runs its demonstration facility in Kigali, converts human waste into solid fuel . . .

 Dar es Salaam — The Small Industries Development Organisation (Sido) is planning to transform itself into a giant institution that capable of providing technological, training and financial support for small and medium entrepreneurs (SMEs) under one roof.   The move is aimed at st . . .