N e w s

Zaire Province Is Open to Private Investment - Says Governor

Mbanza Congo — The governor of the northern Zaire province, José Joanes André, said on Tuesday in Mbanza Congo city that the province is open to welcome entrepreneurs who want to invest in various socio-economic areas in the region, aiming at contributing to its development.   According to Joanes André, who spoke at the traditional yearend greetings ceremony, the present time the country is experiencing requires.... Read more »

Posted on : Saturday , 26th December 2015

Canada Aids Kenya with Sh2bn for Training SMEs

 Kenya is set to receive about Sh2 billion ($19.5) from the Canadian government aimed at providing training for Small and Medium Enterprises (SMEs) in the country.   The announcement was made during the World Trade Organisation's 10th Ministerial Conference in Nairobi by Chrystia Freeland, Minister for International Trade in Canada.   The contribution is aimed at assisting small business entrepreneurs to set up producer.... Read more »

Posted on : Thursday , 24th December 2015

Ethiopia: NBE Lauds Afreximbank Support to Ethiopia's Development

The National Bank of Ethiopia (NBE) said that the existing partnership with African Export - Import Bank (Afreximbank) has proven to be a success in supporting projects in Ethiopia in excess of 100 million USD in facilities covering transactions in infrastructure and financial services sectors.   Speaking at Afreximbank Seminar held at Sheraton Addis yesterday, Bank Vice Governor Getahun Nana said: "Trade remains critical for the.... Read more »

Posted on : Wednesday , 23rd December 2015

East Africa Business Council to Search for Investment in Northern Corridor

 The East African Business Council will commission a study in January to identify investment opportunities on the Northern Corridor. EABC acting executive director Lilian Awinja said this is part of the lobby group's effort to get the private sector to participate more in the Northern Corridor Infrastructure Projects initiative (NCIP).   "Our study will look at opportunities, magnitude of the projects, available incentives in.... Read more »

Posted on : Tuesday , 22nd December 2015

HDPE pipes and fittings aiding Green Industrialization in Africa

 Going HDPE makes ‘green’ sense   Once upon a time HDPE pipes and fittings were merely viewed as alternative products in a pile of numerous options for infrastructure projects in Africa.Now they are becoming a necessity, their importance enhanced by contemporary demands of our times.   Those who have been observant can note an attitude shift in the choice of construction materials worldwide, with growing preference.... Read more »

Posted on : Monday , 21st December 2015

Uganda: Nairobi Meeting Could Lead to International Trade Deal

NAIROBI: There are signs that a deal about fair international trade will be struck in Nairobi today, although there are few indicators that Africa's main interests such as easier access to European markets and the removal of subsidies to farmers in richer nations will form part of the agreement.   Some negotiators at the World Trade Organisation's tenth ministerial meeting in Nairobi, especially those from Africa, feel they are debating.... Read more »

Posted on : Saturday , 19th December 2015

Aspiring to Make Ethiopia a Manufacturing Hub

Quality is not only Ethiopia's challenge of course but also it has been depicted in other developing nations too. African nations need to address trade related challenges, strengthen compliance related infrastructures and facilitate cross-border flows of goods and services to be become competitive in the markets. They have to build National Quality Infrastructure (NQI) programme to enable each of the local NQI institutions to match with their.... Read more »

Posted on : Friday , 18th December 2015

BoI lends financial support to African manufacturing sector

 Bank of Industry (BoI) is allocating funds to deploy smart technology in manufacturing processes that can improve productivity and enhance growth factory pixabay pashminuBoI is keen to support manufacturing processes in becoming “smarter” and efficient.  BoI managing director Rasheed Olaoluwa has reaffirmed the organisation’s commitment to boost the manufacturing sector through its line of credit and sector-defined.... Read more »

Posted on : Friday , 18th December 2015

Ethiopia to Boost Business Ties With Jordan

Ethiopia and Jordan have agreed to raise the existing business relationships to the highest level.   Opening the first Ethio-Jordan Business Forum yesterday, Industry State Minister Tadesse Haile said: "Investors from Middle East are said to be a part and parcel of Ethiopia's economic growth for they have been contributing to the economy by trading, investing and technically collaborating with Ethiopia".   He went on.... Read more »

Posted on : Thursday , 17th December 2015

East Africa: ITC, EAC Launch New Project to Boost African Trade

The International Trade Centre (ITC) and the East African Community (EAC) today announced that the two organizations are launching a new, joint project to boost intra-African trade.   The Trade and Regional Integration Project (TRIP) for EAC was announced by EAC Secretary-General Dr Richard Sezibera and ITC Executive Director Arancha González on the margins of the World Trade Organization's Ministerial Conference taking place in.... Read more »

Posted on : Thursday , 17th December 2015

Gov't Determined to Make East Africa a Manufacturing Hub

 NQI outstanding performers received certificates   Deputy Prime Minister Demeke Mekonnen said that the emphasis on GTP II is on quality, productivity and competitiveness of micro and small enterprises. The National Quality Infrastructure (NQI) institutions will play a critical role with the support of the Ministry of Science and Technology taking on an increasingly leading role as the main actor and champion of quality.... Read more »

Posted on : Wednesday , 16th December 2015

Africa Clinches Mega Development Prospects

 The Week of the Programme for Infrastructure Development in Africa (PIDA) in Abidjan, Ivory Coast, focusing on the continent's infrastructural development ended today with resolutions that could catapult huge advances for Africa.   The PIDA Week, 13 to 17 November, is the first of its kind since it was endorsed by African heads of state in 2012 and it brings together partners in infrastructure in different areas including energy,.... Read more »

Posted on : Tuesday , 15th December 2015

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