Tanzania, Kenya Cement Ties
PRESIDENT Samia Suluhu Hassan has assured her Kenyan counterpart, Uhuru Kenyatta of a bold and continued cooperation from Tanzania, as part of efforts to boost forward development agenda between the …
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Kigali Based Entrepreneurship Hub to Invest $12m In Rwanda’s Start-Up Scene
Norrsken, a global Entrepreneurship hub has earmarked USD12 million for investment into the local and regional entrepreneurship scene through their Kigali Campus. The campus which is expected to commence operations …
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Tanzania to Get $50 M Loan from OPEC for Rural Infrastructure Development
The OPEC Fund for International Development the development finance institution of the Organization of the Petroleum Exporting Countries-has signed a US$ 50 million loan with Tanzania to finance the ‘Fourth …
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Malawi Bank Buy 51% Stake In ACB Bank Tanzania
National Bank of Malawi plc, the leading bank in the country, has completed the acquisition of a 51 per cent controlling stake in Akiba Commercial Bank plc of Tanzania for …
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Morocco and Mauritius Join the African Bond Index
Morocco and Mauritius have joined 8 African countries that are part of the Bloomberg African Bond Index (ABABI) to provide investors with a tool to measure and track Africa’s local …
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Eco-Industrial Parks Among the Gateways for Picking up Industrial Activity
To help alleviate the economic adversity being experienced in South Africa, one initiative by government has started driving is transitioning industrial parks into eco-industrial parks, Henry Nuwarinda, project manager of …
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South Africa’s Renewables Plan Presents ‘Remarkable’ Industrialisation Opportunity
The roll out of renewable energy at the scale envisaged in South Africa’s official electricity plan to 2030 presents a “remarkable” industrialisation opportunity, the leader of the South African Renewable …
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Sudanese, Ethiopian Leaders Visit Chinese-Built Industrial Parks
Abiy Ahmed, Ethiopia Prime Minister and Abdel Fattah Al-Burhan, the Chairman of the Sovereign Council of Sudan visited the Adama Industrial Park as well as the Eastern Industrial Zone. According …
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Ethiopian Bahir Dar Industrial Park to Pick up Textile Industry
Ethiopian Prime Minister Abiy Ahmed recently inaugurated the Bahir Dar Industrial Park, expected to boost the expansion of the textile sector in the capital of Amhara state. Textile, garment, medical …
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Haribo to Begin Construction of First North American Production Facility in Wisconsin
The announcement comes barely weeks after Foxconn Technology Group was denied billions worthy of tax credit for failing to meet its pledges made in its original contract. Milwaukee based Gilbane …
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