ABDAS – Africa information and Business Directory
Africa information and Business Directory
An Ethiopian official reported that during the previous fiscal year, 2021–2022, gold exports brought in more than 560 million USD. Thomas Tut, state minister for the Ethiopian Ministry of Mines, …
In the fiscal year 2021–2022, Ethiopia exports gold for about 560 million USD Read More
In order to support the growth of the wood industry and the nation’s goal of planting 30 million tree seedlings in the fiscal year 2022–2023, the Rwanda Forestry Authority (RFA) …
With the help of new tree species, Rwanda seeks to expand its wood industry Read More
According to the Kenya National Bureau of Statistics, increased construction activities in the private sector boosted Kenya’s cement consumption increase 18% in the six-month period that ended in June despite …
Kenyan cement consumption increases by 18% Read More
India The Indian Economic Trade Organization and the Embassy of Gabon established the GABON Business Council to enhance trade ties between the two nations. At the occasion, which was attended …
India GABON Business Council was established on Gabon’s National Day Read More
Tanzania is seeking proposals for the 367km Uvinza-Gitega line, which will enable the extension of the Standard Gauge Railway to Burundi. According to the TRC, funds have already been made …
Tanzania seeking bids for the Uvinza-Gitega SGR line Read More
IW Mining, a highly skilled mining contractor from South Africa, and Akobo Minerals, a Scandinavian-based Ethiopian gold exploration and boutique mining business, have agreed to manage the underground mine at …
IW Mining is appointed by Akobo Minerals to operate the Segele underground mine Read More
Billions of bees are hard at work in Kaffa, producing honey and beeswax for a 3,500-person workforce. Another Addis Abeba-based company harvests bamboo for furniture, contributing 2.6 million USD (91 …
It is finally time to invest in Ethiopia’s forest sector. Read More
The 28.1 million USD investment is projected to extend the Kwale operations’ operational life until December 2024. Base Resources has made the decision to proceed with the mineral sands project …
Kenyan mineral sands project to be carried out by Base Resources Read More
Through Equity Holding (EH) Venture Capital, Equity Bank Group intends to invest 100 million USD in the development of Kigali Financial Towers. EH is the regional lender’s investment division with …
With a 100 million USD investment, Equity Group arm will construct the Kigali Financial Towers. Read More
Nairobi, Kenya — According to data issued by the Kenya National Bureau of Statistics (KNBS), exports to Ethiopia increased by 68 percent in the third quarter of 2021 compared …
Kenya’s exports to Ethiopia have increased by 68 percent as a result of increased food shipments. Read More