News

  • Rwanda: Made-in-Rwanda Expo Opens in Kigali December 19, 2016
    123There is need for more value addition to locally-made products to attract citizenry consumers and appeal to the regional market, the Minister for Trade, Industry, and East African Community Affairs (MINEACOM), François Kanimba, has said. Kanimba was, yesterday, briefing journalists at the Private Sector Federation about the second Made-in-Rwanda exhibition that opens today at Gikondo Expo ...
  • Uganda: Invest in Growing Watermelon December 15, 2016
    Watermelon-Sliced-Eqyptian5There is a growing market for fruits such as watermelon country wide especially in urban areas. Water melons can be supplied to fruit vendors, markets, hotels, supermarkets and canteens. According to Uganda Investment Authority (UIA), production of water melons on a large scale not only brings huge profits but also creates jobs. According to Ms Sheila Mugyenzi, ...
  • Tanzania: Cement Firm Invites Female Entrepreneurs December 13, 2016
    11Women can make a change in the construction industry that employ a large number of labor force it has been learnt. Speaking in an exclusive interview in Dar es Salaam yesterday, Tanga Cement PLC Communications and External Affairs Manager, Ms Mtanga Noor said Women can make a change as bricks makers, contractors and even industrialists. She was ...
  • A.U., Private sector brainstorm on implementation of intra-African trade December 7, 2016
    58African leaders have agreed that the continent can attain socio-economic structural transformation through intra-African trade. They say they are set to pave the way for the full implementation of the continental free trade area in the continent. Correspondent, Tolulope Ogunjobi reports from Addis Ababa that four years ago at the 18th ordinary session of the assembly of ...
  • African Economic Conference Opens in Abuja – Agricultural Transformation On the Agenda December 7, 2016
    BannerAEC20161471694143The 11th African Economic Conference (AEC) kicked off in Abuja, Nigeria,with a consensus on the need to scale up the continent’s agricultural transformation to spur industrialization and inclusive growth. Opening the conference, Nigeria’s Vice-President, Yemi Osinbajo, highlighted how the Nigerian Government and private sector partners are leveraging resources for agricultural transformation in the midst of the ...
  • Eritrea Receives U.S.$15 Million IFAD Grant to Boost Fisheries Sector and Nutrition December 7, 2016
    52A total of 17,500 poor rural households in six regions of Eritrea will benefit from a financial agreement signed today between the International Fund for Agricultural Development (IFAD) and Eritrea to boost coastal and inland fisheries. The total cost of the Programme is US$32.1 million of which IFAD is providing a US$15 million grant. It is ...
  • Nigeria and Morocco sign gas pipeline deal to link Africa to Europe December 4, 2016
    99Nigeria and Morocco have signed a joint venture to construct a gas pipeline that will connect the two nations as well as some other African countries to Europe,Nigeria‘s minister of foreign affairs said on Saturday. The agreement was reached during a visit by the Morocco’s King Mohammed to the Nigerian capital Abuja, Geoffrey Onyema, the minister, ...
  • Egypt: Egypt announces new investments in oil and gas exploration worth $200 million December 4, 2016
    2016-636162788355096476-509Egypt has accepted investment offers in oil and gas drilling and exploration worth $200 million, the petroleum ministry announced on Friday. The companies that won the bids include Shell, British Petroleum, Apache and Apex, the ministry said in a statement. The oil and exploration deals are for Egypt’s Gulf of Suez and Western Desert. Egypt is seeking ...
  • Algeria: Volkswagen, Sovac Ink MoU On Creation of Factory in Relizane November 30, 2016
    5German car manufacturer Volkswagen and Sovac group, official representative of Volkswagen in Algeria, inked Sunday in Algiers a memorandum of understanding on the creation of a plant that will assemble cars of this brand in Algeria. The plant, which will start production on June 2017, will be built in the industrial zone of Sidi Khatab (Relizane). ...
  • Nigeria: 224 Firms Jostle for Contracts to Lift Nigerian Crude November 30, 2016
    00361721 7c83683c3b38405bac00323b32319ffb arc614x376 w285 us1About 224 companies, hundreds of them indigenous Nigerians firms, are seeking to secure contract for the sale and purchase of Nigerian crude oil grades on offer in 2017. The opening of bids in Abuja yesterday had in attendance representatives of the bidding companies, regulatory agencies as well as civil society as independent assessors. The Group Managing Director ...