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Sh3.1bn Belgian loan to finance Kenya power project
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| The government has signed Sh3.1 billion loan agreements with the Belgian government that will facilitate the Sondu-Homabay-Kisii Rural Electrification Project and the E-government private network County Connectivity Project Phase 2 (CCP 2).National TRead More... |
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Kenya set to export oil as early as 2016
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| Kenya is headed to become the first oil exporter in east Africa, moving in less than five years from being a have-not nation to the regional leader in cutting reliance on fuel imports.
After Tullow Oil found oil last year, Kenya is set to start shipRead More... |
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Japan to do business with Tanzania
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| A TANZANIA-Japan Business Forum scheduled to take place in Dar es Salaam today at Serena Hotel aims at promoting business and exploration possibilities between Japanese companies and Tanzania.Minister for Economy, Trade and Industry of Japan, Mr ToshRead More... |
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China gold mine deals at record
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| Acquisitions by China's gold mining companies reached a record this year as the metal's steepest quarterly drop in more than nine decades slashes mine values and sidelines Western rivals laden with debt.
Takeovers and asset purchases by producers baRead More... |
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China Telecom profit rises after it offers iPhone
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| HONG KONG (AP) State-owned China Telecom, the country's third biggest mobile phone operator by subscribers, said Wednesday that profit grew in the first half of the year as revenue from iPhone sales kicked in.Beijing-based China Telecom, also the worRead More... |
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Business-to-business sites are reshaping shopping in China
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| Surprisingly, they hadn't done any shopping for a year or so. This, in a culture that I had believed lived to shop, the great Saturday and Sunday ritual, even more than Australians.No, they have joined the great army of ants, as entrepreneur Jack Ma Read More... |
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How Africa can matter as a growth driver in world economy, by Moghalu
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| Africa as an economic bloc can only matter in world economy, if there is a drastic paradigm shift in the way the economies perceive globalisation and the different kinds of capitalism, according to Kingsley Chiedu Moghalu, deputy governor, financial Read More... |
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Local organization sends medical supplies to Africa
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| An abundance of medical supplies being wasted daily remind Joe Ngatia of growing up in Kenya, where medicine was not wasted if it was available. So the Bismarck anesthesiologist now works to get extra supplies to people who need them.Last November, NRead More... |
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China To Continue Providing Medical Care In Africa
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| On Friday, Chinese President Xi Jinping met with African health ministers at the Ministerial Forum of China-Africa Health Development in Beijing, where he promised to continue and strengthen medical support to African health care workers, hospitals, Read More... |
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India's trade with Ghana clocks over 60 percent growth
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| The trade turnover between India and Ghana has crossed the $1 billion mark, levelling at $1.2 billion at the end of last year after a staggering 63 percent growth - possibly one of the largest for any African nation - and is set to rise even further,Read More... |
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South Africa seeks Indian investment in mining
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| South Africa is keen for Indian investments in its mining sector for a mutually beneficial partnership, acting High Commissioner to India Malose W. Mogale says."South Africa is endowed with minerals and we want capital equipment for mining. India shoRead More... |
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Western Union grows mobile banking business across Africa
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| While Western Union reportedly has 27,000 brick and mortar agent locations spanning 50 countries in Africa, it has focused its attention on expanding its alternative or digital transaction channels. For example, integrating with more mobile networks Read More... |
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SPEECH BY HIS EXCELLENCY HON UHURU KENYATTA, PRESIDENT OFTHE REPUBLIC OF KENYA
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| The Vice President, Russian chamber of commerce and industry, Mr GeorgyPetrovYour Excellency’s Ambassadors from AfricaDistinguished guestsLadies and gentlemen
I take this opportunity to thank you, Mr. Vice President, and members of theRead More... |
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SA, China to grow Africa business flows
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| South Africa's Nedbank and the Bank of China have signed a strategic business cooperation agreement to grow business flows between China and Africa, as well as provide support to investors."The alliance will support clients of the Bank of China as thRead More... |
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BBC World News to launch Africa Business Report
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| A new weekly flagship business TV programme, Africa Business Report, will be launched by BBC World News on 5 October 2013.It will cover key business stories and trends from across Africa and will be presented by Lerato Mbele. Each week the programme Read More... |
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