ABDAS – Africa information and Business Directory
Africa information and Business Directory
The government has said the Host Government Agreement (HGA) negotiations for the $30 billion Liquefied Natural Gas (LNG) project that stalled since year 2017 have resumed. The discussions to construct …
Prospects for LNG Project High As Negotiations Resume Read More
Kenya has stepped up oil and gas exploration activities in the Lamu Basin weeks after rejecting a ruling over a four-decade maritime dispute with Somalia. Petroleum commissioner James Ng’ang’a said …
Kenya Renews Lamu Oil Search Read More
Kenya and China have signed 6 bilateral agreements that will facilitate trade between the 2 nations key among the export of avocado to the lucrative Asian economic giant. During the …
China Grants Kenya Sh51b, Signs Six Agreements to Boost Trade Read More
Chinese State Councillor and Foreign Minister Wang Yi has begun his 4 day visit in Africa to cement trade relation where he is expected to sign a number of bilateral …
Chinese Foreign Minister to Visit Kenya in Africa Tour Read More
The West African Development Bank (BOAD) is granting CFAF 15 billion (around €23 million) to the Malian government for the construction of the Kourouba mini-hydro plant, located 90 km away …
MALI: BOAD Lends €23 Million for the Kourouba Mini-Hydro Plant (3.9 MW) Read More
Zimbabwe Energy Regulatory Authority (ZERA) has, in terms of Section 53 of the Electricity Act and effective on the 1st of January 2022, increased electricity tariffs by 12.3 per cent. …
Zimbabwe: 12.3% Electricity Tariffs Increase a Great Knock for Citizens Read More
Tanzania leads the East African Community region in terms of attracting foreign direct investments (FDIs), with approximately US$29 billion flowing into the country between March and August of this year. …
Tanzania attracts the most FDI when compared to other EAC Member States Read More
Ethiopia has secured $1 billion in FDI (foreign direct investment) during the first four months of the Ethiopian fiscal year, which began on July 8, 2021, according to Lelise Neme, …
Ethiopia Secures $1 Billion in Foreign Direct Investment in 4 Months Read More
This is a huge leap forward economically, with the economy intertwined with the traditional economy, making a clear delineation harder. The digital economy results from billions of everyday online connections …
Tanzania: Kudos for Tanzania Boosting Digital Economy Read More
President Samia Suluhu Hassan revealed on 6th December that Kigamboni was now a specially designated investment location by the government, saying that was precisely where investors coming to Tanzania will …
Tanzania Government’s Grand Scheme to Transform Kigamboni Read More