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Africa's biggest wind farm opens in Ethiopia
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| Africa's biggest wind farm has begun production in Ethiopia, aiding efforts to diversify electricity generation from hydropower plants and help the country become a major regional exporter of energyAfrica's second most populous country - plagued by fRead More... |
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Push for rupee trade with Africa
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| India and South Africa are exploring the option of trading in local currencies — the rupee and the rand — instead of dollars.The talks, initiated during commerce minister Anand Sharma’s visit to Johannesburg earlier this month, are Read More... |
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Bavaria Supplier Launches New Product
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| JOVET Tanzania Limited, the official supplier of Bavaria products in East Africa has launched a new product, Bavaria 8.6 Black for the Tanzanian market as the company consolidates its brand position in the country.Bavaria 8.6 Black is a dark version Read More... |
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Tanzania Investment Centre seeks Chinese cash through website
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| The Daily News reports the agency, responsible for investment promotion and facilitation, introduced the website at the Tanzania – China Business Forum in the Chinese city of Guangzhou, making it among the first investment promotion agencies frRead More... |
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South Sudan bank to boost Gulf retail business
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| South Sudanese lender Liberty Commercial Bank plans to expand its retail business with the help of foreign investors and is looking for a partner in Dubai to tap rising trade with the Gulf, a senior executive said.Launched last year with one branch aRead More... |
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South Sudan aims to strengthen business relations with China
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| A delegation comprising of 105 South Sudanese business groups is currently in China to participate in an import and export commodities fair, as part of efforts aimed at strengthening business relations between the two countries, a senior diplomat saiRead More... |
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Rwanda, Uganda Business Ties Grow
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| President Kagame President challenge to the business community in Uganda and Rwanda to do more to ensure economic growth and transformation for the people of both nations it timely.It comes at a time when business between the two nations in growing rRead More... |
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Tanzanian PM meets with Muyang President
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| A Tanzania-China Business Forum was held today at the Dong Fang Hotel in Guangzhou, China. The Forum was organised in partnership between the Tanzania Investment Centre (TIC) and the China Africa Business Council-CABC and was attended by participantsRead More... |
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62 firms interested in Kenya coal, LNG plants
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| The Energy and Petroleum Ministry on Friday received 62 applications from local and international firms interested in the generation of coal and Liquefied Natural Gas (LNG) projects.The firms were responding to the Expression of Interest (EOI) requesRead More... |
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Massmart launches UK brand George in South Africa
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| MASSMART on Wednesday opened the doors to three George pop-up stores.The famous British brand George is the fashion division of ASDA, Britain’s second-largest supermarket chain and part of the Walmart family.Massmart CEO Grant Pattison said theRead More... |
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SA investment in Africa is increasing
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| South Africa's economic involvement in sub-Saharan Africa continues to grow, Finance Minister Pravin Gordhan said on Wednesday.
In his 2013 Medium-Term Budget Policy Statement, tabled in Parliament, he said continued economic growth in this region wRead More... |
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AfDB supports African SME development fund
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| The Board of Directors of the African Development Bank (AfDB) has approved a US $12.5-million equity investment in the Kibo Fund II. This contribution will allow the Fund to provide access to finance and capacity building to an underserved market of Read More... |
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BMMI planning major expansion in Africa
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| Bahraini firm BMMI, through its fully owned subsidiary Global Sourcing & Supply (GSS), has announced further expansion of its reach into the African market.
This reinforces its reputation as one of the most quality-driven, international and steaRead More... |
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ZTE Provides Green Energy Solutions in Africa
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| ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, is working with governments and enterprises acRead More... |
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Sage Africa opens new office in Lagos, Nigeria
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| SAGE Africa, part of Sage Group, a FTSE-listed global provider of business and human resource management software to firms in the small to upper mid-market, has opened an office in Lagos, Nigeria. The new office sells three product suites: Sage ERP, Read More... |
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