ABDAS – Africa information and Business Directory
Africa information and Business Directory
Kenya has an integral manufacturing sector that serves both the domestic market and exports to the East African region. The sector, which is controlled by subsidiaries of multinational firms, contributed …
Manufacturing Sector a Key Driver of Kenya’s Economic Development Read More
The International Finance Corporation (IFC) plans to make a Sh2.96 billion ($20.9 million) equity investment in a US-owned Southern African asset management that is building 5,000 affordable residences in Kenya. …
IFC is Co-Investing to Build 5,000 Affordable Houses in Kenya Read More
In an effort to open up the area, the East African Community (EAC) will give infrastructure development top priority in the fiscal year 2023–2024. This will mean an end to …
The EAC’s $103 Million Budget for 2023/24 Is Focused on Infrastructure Development Read More
The Tanzanian government plans to construct a bridge that would link the islands of Zanzibar with the country’s major commercial centre, Dar es Salaam. The 50-kilometer bridge is anticipated to …
Tanzania Announces Plans to Construct the Longest Bridge in Africa Read More
Governor Kimani Wamatangi stated that the national government has directed Sh5.7 billion into the county’s account in order to develop Thika town in Kiambu County into a smart industrial metropolis. …
The Thika smart industrial city project has been allocated Sh5.7 billion Read More
The 200 million hectares of dense, humid forests in the sub-region—more than half of which are unclassified—are likely to come under increasing pressure from timber export, especially to China and …
A Surge in Asian Demand for Wood from African Forests Read More
The World Intersectoral Cooperation Forum in Istanbul received nearly 1,500 businessmen from 41 African nations. This is an opportunity for these African representatives to interact with their Turkish peers. The …
Turkey wants to strengthen its business links with Africa. Read More
A lithium mining business was established by the Rwandan government through its Finance Minister, Dr. Uzziel Ndagijimana. As a result of the merger of three mining firms involved in the …
Rwandan Lithium Mining Company established Read More
Producers in the region are reporting strong demand for padouk, okoume, ovangkol, and even gheombi, a timber that was not widely available until a year ago. Gheombi is a material …
European buyers are becoming increasingly interested in African woods Read More
American investors now have more options to invest in Tanzania’s profitable mining industry thanks to the visit of President Samia. American investors will understand that Tanzania provides chances that are …
Investment opportunities in Tanzania for Americans Read More
