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  • Dutch-backed ICT Companies to boost export competitiveness in East Africa

    Posted on :Thursday , 22nd January 2015

     The Netherlands Trust Fund III (NTF III) Export Sector Competitiveness Programme, a three-year, multi-phase Dutch-backed project with the International Trade Centre (ITC), has completed the company selection process. . .

  • Tanzania: A competitive global investment destination.

    Posted on :Thursday , 22nd January 2015

     THE good investment environment in Tanzania has enabled the country to take the lead in attracting Foreign Direct Investment (FDI) in the East African Region by USD1.1 billion (1.76 trillion/-) in 2012.

    . . .

  • Qalaa Holdings Invests in East Africa�

    Posted on :Wednesday , 21st January 2015

     Egyptian private-equity company Qalaa Holdings SAE is investing $70 million to accelerate the movement of rail cargo carried from East Africa’s busiest port, as it faces competition from a new Chinese-backed link.

    Qalaa controls Rift Valley Railways Ltd., the operator of a railway built almost a century ago running from Kenya’s Mombasa port to neighboring Uganda. It . . .

  • UK based Company Looks at Investment To East Africa

    Posted on :Wednesday , 21st January 2015

     Old Mutual PLC Friday said it is buying a 23.3% stake in Kenya-based UAP Holdings Ltd, an East and Central African financial services company, for KES8.88 billion, or about USD97.6 million, part of its strategy to expand in Africa.

    The acquisition comes as the FTSE 100 investment, savings, insurance and banking group looks to grow customer numbers in Africa, excluding South Afri. . .

  • East Africa: The leap towards Industrialization

    Posted on :Monday , 19th January 2015

     Kenya Commercial Bank is still the biggest bank in the region, with Tier 1 capital of $567m, up from $479m last year, followed by another six Kenyan banks.

    The country has one of the most developed banking sectors in Africa but it is also one of the most competitive, with a very developed mobile banking sector as well as traditional, banks with a physical presence.
    D. . .

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