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According to the Ministry of Trade and Industry, the construction of four pilot integrated agro-processing industrial parks (IAIPs) costing USD 10 billion, is expected to be completed at the end …

Ethiopia’s Agro-Processing Industrial Parks set for completion by June Read More

Local coffee farmers from Tanzania’s Kilimanjaro region have turned towards avocado farming as an alternative cash crop due to the diving costs of coffee. Africado, a Tanzanian company that contracts …

Investments from Finfund to upgrade sustainable avocado farming in Tanzania Read More

The announcement is made by the energy regulator for a great cut in fuel prices for February for a second month in a row due to continuing global oil price …

Good news for Tanzania as The energy regulator has announced a huge cut in fuel prices for February Read More

According to Africa’s Rand Merchant Bank (RMB), Investment Attractiveness index forecast Kenya, Rwanda and Tanzania will be among Africa’s most attractive investment spot in 2019. According to the report, Ethiopia, …

East Africa – The Most Attractive Investment Spot In The Region Read More

The Manantiales Behr basin is one of the most important oil fields in Argentina, and the new Wärtsilä plant will extend the efficiency of the area’s power supply by restoring …

Wartsila to supply the highly efficient engine power plant for petroleum companies in Argentina Read More

The partners have expressed their readiness to Support Ethiopia’s National Adaptation arrange at a gathering command underneath the theme supporting the transition to implementation. The arrange was adopted to appreciate …

International development partners pledged to support Ethiopia’s National Adaptation Plan Read More

President Paul Kagame was speaking in Davos, Switzerland at the World Economic Forum Annual Meeting called “Africa’s Leadership in the New Global Context”, with South Africa’s President, Cyril Ramaphosa and …

Rwanda- Continent well positioned for International Integration Read More

CNOOC and UNOC have signed a memorandum of understanding describing how the partnership will work. The two companies are now acting on firming up the agreements for the partnership. As …

China National Offshore Oil Company partners with Uganda National Oil Company Read More

Participants of Area 4 are ExxonMobil, Eni, the China National Petroleum Corporation, Empresa Nacional de Hidrocarbonetos, Kogas and Galp. They have annexed liquefied natural gas (LNG) offtake commitments from affiliated …

Participants of Mozambique Area 4 co-venture have annexed liquefied natural gas (LNG) offtake commitments for the Rovuma LNG Project Read More

Chikumbi-1, which will be drilled to a total true vertical depth of 3,485m, will fulfil one of two remaining exploration commitment wells and is intended to be completed as a …

Sakson Drilling and Oil Services DMCC to drill the Chikumbi-1 well in Tanzania’s Ruvuma PSA Read More