ABDAS – Africa information and Business Directory
Africa information and Business Directory
Along with six deals on food security, mining, agriculture, textiles, apparel and renewable energy, Kenya has signed a manufacturing and distribution agreement with Indonesia to modernise its pharmaceutical industry. Presidents …
Kenya and Indonesia Sign Deals to Enhance Bilateral Cooperation Read More
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
The latest step taken by Ethiopia’s government to attract international investment is its decision to open up the nation’s banking industry to outside investors, according to the prime minister’s office. …
Ethiopia has ambitions to welcome international investors into the financial system. Read More
The German company Boreal Light has recently inaugurated a new water desalination plant in Tanzania. Local authorities in the Zanzibar archipelago recently inaugurated the project, which has been developed in …
In Zanzibar, a Solar Water Desalination Plant Goes Into Operation. Read More
New drinking water facilities will be constructed in a number of Tanzanian cities by Larsen & Toubro (L&T) Construction. On April 19, 2022, the Tanzanian government and the Indian multinational …
L&T Construction Has Been Awarded A Contract For Urban Drinking Water In Tanzania. Read More
Kenya’s President Uhuru Kenyatta and Ethiopia’s Prime Minister Abiy Ahmed unveiled two big infrastructure projects in northern Kenya to improve trade between the two neighbouring countries. The Moyale One-Stop Border …
Kenya and Ethiopia launch key infrastructure projects to boost trade Read More
959,848 tonnes of commodities worth more than $180 million were exported to 27 African countries during the time, according to the spokesperson of the Islamic Republic of Iran Customs Administration. …
Iran’s African Trade Tops $200m Read More
As talks on a trade agreement with Kenya are concluded, the UK has moved a step closer to signing a sixth trade deal in Africa. The agreement will ensure that …
Kenya and UK sign a trade agreement Read More
The Monetary policy committee (MPC) of the Bank of Tanzania has said that the economy of Tanzania will rise by 5.5% in 2020. The team, which is part of the …
Tanzania ‘s economy will rise by 5.5% in 2020, says BOT. Read More