Africa information and Business Directory
The Democratic Republic of Congo has become the EAC’s seventh member, dramatically extending the trading bloc’s area, providing it access to the Atlantic Ocean, and significantly boosting the number of …
As Congo joins the East African Community, the region’s market size grows to USD 250 billion. Read More
Shanta Gold Ltd. announced a mineral resource update for its West Kenya gold project in Kenya on Tuesday, with total resources increasing by 31% to 1.55 million ounces. Indicated resources …
The resource for Shanta’s West Kenya project grows. Read More
Mobius Motors, Kenya’s sole indigenous carmaker, intends to speed up manufacturing of its second generation model with an eye on the regional market, which includes Uganda and Tanzania. The carmaker, …
Mobius Motors is looking to expand into Tanzania and Uganda Read More
IBC Japan Ltd, a Japanese vehicle exporter, is looking to expand its exports and business in Kenya by taking use of the government’s Special Economic Zones (SEZs). SEZs are being …
Japanese firm eyes Kenya and East African auto markets in duty-free deal Read More
Around USD 7 billion has been set aside for the development of Dodoma City Headquarters in the Dodoma City Council (DCC) Budget recently given by Dodoma City Director, Joseph Mafuru, …
A total of USD 7 billion has been allocated for the construction of the Dodoma City Headquarters in Tanzania. Read More
Three western development finance organisations will invest USD 90 million in Sub-Saharan Africa’s agricultural development. AgDevCo, a London-based investor focused on African agribusiness, will receive USD 90 million in funding …
Across Sub-Saharan Africa, DFIs invest in agribusiness backers. Read More
The Development Fund, a Norwegian non-governmental organisation, is contributing C$4.25 million to Canadian Foodgrains Bank for a three-year project in Ethiopia to continue allowing small-scale farmers the option to use …
Norway is collaborating with the Canadian Foodgrains Bank to assist Ethiopian farmers. Read More
Averda, based in Lebanon, is finalising a credit arrangement with the International Development Finance Corporation (DFC), based in the United States. The $45 million loan will enable the waste management …
Averda receives a $45 million loan from DFC for plastic recycling in Africa. Read More
East African states will jointly benefit from at least $8.77 billion worth of investments in transport, healthcare, energy, and agriculture among other sectors, from deals made at the 2021 African …
East African countries in $8b investment plan Read More
On 26th February 2022, Tanzanian President Samia Suluhu Hassan met with Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates (UAE) and Ruler of …
UAE to Invest USD 7 Bln in Tanzania Over the Next 4 Years Read More