SamZim, the Zimbabwean partner of South Korean electronics major Samsung, has opened a new manufacturing, sales and service outlet in Harare samsung manilaimperialmotorsales Samsung will manufacture television sets, in addition to opening a digital village in Harare.  In addition to the production unit, an engineering academy has also been set up on the Zimpost Complex. The unit is expected to manufacture and distribute Samsung.... Read more »

Posted on : Tuesday , 29th December 2015

Nairobi — The direct flight between the Chinese city Guangzhou and Kenya's capital Nairobi launched by China Southern Airlines in August has elevated Sino-Kenya relations, airline officials say.   Linda Masinde, a supervisor at China Southern Airlines Nairobi office, said the Nairobi-Guangzhou direct flight had enhanced Sino-Kenya trade and people-to-people exchanges.   "The direct flight from Nairobi to Guangzhou is.... Read more »

Posted on : Monday , 28th December 2015

Africa and the Republic of Iran have centuries of friendship. They struggled for freedom, equity and justice for their people and beyond. The two have also shared rich culture and people to people relations for long. The Iranian foreign and economic policies always give special attention for the African Continent and put it at the centre. After its revolution, the Republic of Iran has changed its foreign policy orientation and its economic ties.... Read more »

Posted on : Saturday , 26th December 2015

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

 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

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

 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

 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

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

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

 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 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