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Kenya eyes Indian tourists from small cities
Kenya, targetting over threefold increase in Indian tourist arrival in five years, is eyeing smaller cities  to achieve its goal. The Kenya Tourism Board (KTB) is organising travel trade interactions in tier-II cities, such as Jaipur, ChandigarRead More...
CA Triggers Boom in Food, Drink Business
A FEW days before the Constituent Assembly (CA) began its meeting here over three weeks ago, Dodoma Regional Commissioner (RC), Dr Rehema Nchimbi, had sounded optimistic that her region was going to benefit a lot economically from this meeting. "YouRead More...
Dubai Islamic Bank eyes Kenya, Indonesia for expansion
Dubai Islamic Bank plans to expand its operations into Indonesia, Kenya and other African countries as it emerges from a period of consolidation, the bank's chief executive said. The emirate's largest sharia-compliant lender, which currently makes soRead More...
Kenya, Ethiopia agree on infrastructure development
In a communiqué issued after bilateral talks in Addis Ababa, the two leaders noted that the rapport between Kenya and Ethiopia had contributed to the progress achieved in the execution of the region’s largest infrastructure project &ndasRead More...
Venture Hive launches entrepreneurship program in Africa
The entrepreneurship education organization, accelerator and incubator based in downtown Miami will partner with two Tanzanian organizations to launch an education program that will help students at five Tanzanian universities start real businesses wRead More...
Oil and gas event set for Nairobi
Local and international oil and gas experts will in April gather in Nairobi in one of the largest exhibition event in Africa.The Oil and Gas Africa 2014 event will bring together scientists, engineers, environmentalists, technocrats and entrepreneursRead More...
Nairobi emerges as Africa's most expensive city
Kenya risks losing out to other cities as an investment hub with a new report naming Nairobi as Africa’s most expensive city. The Economist Intelligence Unit (EIU) survey that sampled eight African cities places Nairobi ahead of Côte d&rsRead More...
Everybody is captivated by the Africa narrative
The COMESA-based financial institution is expanding its geographical reach in Africa and attracting investors from the continent, Asia and Europe. PTA Bank's rebound is a sign both of the global interest in investments in Africa and the need forRead More...
Gujarat delegation sees business opportunities in South Africa
A business delegation from Gujarat said there are opportunities for India and South Africa in the small scale sector and was buoyant about increasing bilateral cooperation.A Federation of Gujarat Industries (FGI) business delegation on Thursday endedRead More...
Commerce ministry adds new Line of Credit for Africa
A new Exim Bank Line of Credit for Africa has been introduced to speed up infrastructure project development in the continent, Commerce Minister Anand Sharma said here Sunday."We've also introduced another Line of Credit, added to the Exim-Bank. The Read More...
Oman, South Africa seek stronger business ties
A business seminar organised by the South African Embassy in Muscat on Thursday highlighted the need to tap business opportunities between the two countries, and enhance mutual visits to help translate those opportunities into business deals.SpeakingRead More...
Plan to ease doing business in Kenya
The Government and the private sector have drawn a plan of action that seeks to ease doing business in the country.According to the 2014 World Bank Doing Business report (2014), Kenya slipped to position 129 in 2013, down from 121 the previous year. Read More...
Kenya seeks up to $500m loan to build fuel pipeline
Kenya is seeking $400m to $500m in loans to pay for the construction of a new fuel pipeline from the port of Mombasa, east Africa’s trade gateway, to the capital. Tender documents by the Kenya Pipeline Company (KPC) seen by Reuters news agencyRead More...
Bloomberg Launches $10M Program to Train Finance, Business Journalists in Africa
Founder of Bloomberg media company and former New York City mayor Michael R. Bloomberg has announced the launch of the Bloomberg Media Initiative Africa, a three-year Pan-African program to build media capacity, convene international leaders and imprRead More...
South African business 'searching for a country'
However, there is no doubt that we also have some serious problems that have a real impact on business.Panelists at last week’s Economic Outlook conference in Stellenbosch hosted by the Gordon Institute for Business Science (GIBS) acknowledged Read More...
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