Market News

East Africa and China deepen ties, sign trade agreement
East Africa and China deepen ties, sign trade agreement
29 January 2016

 Djibouti’s president has signed an agreement with China to set up a trade zone and establish legal framework to let Chinese banks operate in the country, according to a Reuters report Djibouti President Ismail Omar Guelleh stated the aim is to have the first phase completed and operatio . . .

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East Africa and China deepen ties, sign trade agreement
East Africa and China deepen ties, sign trade agreement
29 January 2016

 Djibouti’s president has signed an agreement with China to set up a trade zone and establish legal framework to let Chinese banks operate in the country, according to a Reuters report Djibouti President Ismail Omar Guelleh stated the aim is to have the first phase completed and operatio . . .

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Himoinsa to launch new products and expand presence in 2016
Himoinsa to launch new products and expand presence in 2016
28 January 2016

 Spanish genset manufacturer Himoinsa’s turnover in 2015 grew by 15 per cent, with strong sales figures coming in from the Middle East, Africa, Asia Pacific and Europe   While Europe emerged a key market contributing 37 per cent of the total turnover, America followed with a 26 per . . .

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Rwanda Special Economic Zone Continues to Attract Investors
Rwanda Special Economic Zone Continues to Attract Investors
20 January 2016

As Rwanda is the second easiest place to do business in Africa after Mauritius, as indicated by the World Bank's 2016 Doing Business report, its Special Economic Zone has continued attracting investors.   The Special Economic Zone program within the Rwanda Development Board (RDB) is designed . . .

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Rwanda: Govt, Private Sector Move to Streamline Textile Industry
Rwanda: Govt, Private Sector Move to Streamline Textile Industry
20 January 2016

The Ministry of Trade and Industry and the Association of Professional Tailors plan to set up a tailoring factory under a company to be named "Kigali Garment Centre" to reduce importation of second hand clothes, Minister Francois Kanimba said.   Speaking at a dialogue with the tailors, yester . . .

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