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Ethiopia: Parliament Approves $860m Loan Agreements

Ethiopia: Parliament Approves $860m Loan Agreements

July 12, 2017

Parliament has approved the 859.6 million dollar loan agreements the Ministry of Finance & Economic Cooperation (MoFEC) secured to finance road, industrial parks, small business enterprises, and wind power projects …

Ethiopia: Parliament Approves $860m Loan Agreements Read More
Tourism contributes to 8.5% of Africa’s GDP and is still on the rise

Tourism contributes to 8.5% of Africa’s GDP and is still on the rise

July 12, 2017

In Africa, 1 out of 14 jobs is in the tourism industry. This represent a total workforce of 21 million people. This was revealed in the United Nations Conference on …

Tourism contributes to 8.5% of Africa’s GDP and is still on the rise Read More
Figs on the road to success

Figs on the road to success

July 12, 2017

In 2015, South African plant breeder re:inc innovation said it was determined to put South African figs on the map. Staying true to its word, the company has now announced …

Figs on the road to success Read More
Ethiopia inaugurates $90m worth industrial park

Ethiopia inaugurates $90m worth industrial park

July 12, 2017

Ethiopia inaugurated on Saturday a Chinese-built $90 million industrial park in Kombolcha city, in Amhara regional state, 376 kilometers north of capital, Addis Ababa. Ethiopian Prime Minister Hailemariam Desalegn, who …

Ethiopia inaugurates $90m worth industrial park Read More
Ethiopia: Coffee Market Reform Gets Green Light

Ethiopia: Coffee Market Reform Gets Green Light

July 12, 2017

Before going out for the recession, on July 7, 2017, the Parliament approved two proclamations that were designed to reform the entire coffee market value chain. The two proclamations are …

Ethiopia: Coffee Market Reform Gets Green Light Read More
Kenya’s road agency KURA inks US$19.1m deal for Ngong Road expansion

Kenya’s road agency KURA inks US$19.1m deal for Ngong Road expansion

July 11, 2017

The Kenyan Urban Roads Authority (KURA) has signed a Sh1.98 billion contract with the China Qinjian International Group for the Ngong Road dualization. The contract entails the expansion of the …

Kenya’s road agency KURA inks US$19.1m deal for Ngong Road expansion Read More
Work on phase 4 of Wernhil Park Shopping Centre in Namibia launched

Work on phase 4 of Wernhil Park Shopping Centre in Namibia launched

July 11, 2017

Broll Namibia, a subsidiary of the Ohlthaver & List (O&L) Group has officially launched the construction of phase 4 of Wernhil Park Shopping Centre in Namibia. The project was launched …

Work on phase 4 of Wernhil Park Shopping Centre in Namibia launched Read More
Angola begins rehabilitating over 1000km of Railway

Angola begins rehabilitating over 1000km of Railway

July 11, 2017

Angolan Minister of Transport, Augusto da Silva Tomás, has described the rehabilitation and modernization of the 1.344km of railway and installation of new communication and traffic control systems as important …

Angola begins rehabilitating over 1000km of Railway Read More
Phase 5 of Durban’s Northern Aqueduct Augmentation to start August

Phase 5 of Durban’s Northern Aqueduct Augmentation to start August

July 11, 2017

Construction on the fifth phase of Durban’s Northern Aqueduct Augmentation project is set to begin in August according to eThekwini Water and Sanitation (EWS). The phase comprises a new 1 …

Phase 5 of Durban’s Northern Aqueduct Augmentation to start August Read More
Buses for Africa: Daimler launches two locally built Mercedes-Benz models for Kenya

Buses for Africa: Daimler launches two locally built Mercedes-Benz models for Kenya

July 11, 2017

Daimler is bringing two new bus models to the important African market of Kenya. This is Daimler Buses’ response to the ever-growing demand in East and Central Africa for comfortable …

Buses for Africa: Daimler launches two locally built Mercedes-Benz models for Kenya Read More

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