N e w s

Tanzania Reduces Online Business Registration Time To 1 Hour

The Tanzanian Business Registration and Licensing Agency (BRELA), has recently launched an online platform to register companies that will reduce the time of issuing a business certification from three days to one hour.   The new system, created by BRELA’s staff using intern funds, is replacing the software Property Data Profiling (PDP) system developed by a local-private company at a total investment of TZS 800 million which was.... Read more »

Posted on : Tuesday , 3rd November 2015

Ethiopia To Open New Embassy In Dar Es Salaam To Support Bilateral Trade

The Ethiopian Government has recently announced that it will soon open an embassy in Tanzania’s commercial capital, Dar es Salaam, to further support the recent growing bilateral trade between both countries.   The announcement was done by Ethiopia’s Minister for Industries Ahmed Abtew in Addis Ababa, where he receive the Tanzania’s Permanent Secretary in the Minister of Industry and Trade Uledi Mussa to share his.... Read more »

Posted on : Tuesday , 3rd November 2015

Alabama Set To Develop Strategic Collaboration And Trade With Tanzania

The Alabama trade and business development mission to Africa which visited Tanzania’s commercial capital, Dar es Salaam to hold business to business matchmaking meetings, has recently concluded its trip announcing that basis have been set for the development of strategic collaboration and new markets.   The business trip to Tanzania aimed at exploring trade and investment opportunities to enhance relationships developed in 2013 when.... Read more »

Posted on : Tuesday , 3rd November 2015

Setraco's U.S.$150 Million Steel Pipe Mill Factory Inaugurated

 The effort of the federal government towards making gas accessible and affordable to Nigerians through its National gas master plan received a boost on Thursday with the inauguration of a new ultra modern $150 million steel pipe mill by President Muhammadu Buhari.   Buhari who was represented by the Secretary to the Government of the Federation (SGF), Babachir Lawal, said the company established by Setraco Construction Company (SCC).... Read more »

Posted on : Tuesday , 3rd November 2015

Kenya Sustainin Gains to Keep Investors

 It has recorded remarkable improvement in the world's ranking of best destinations for doing business.   The latest edition of the Ease of Doing Business report published by the World Bank and released this week has listed Kenya in position 108, up from the previous 136, making it one of the three most improved countries in the world.   Essentially, the jump is attributed to the Huduma Centres initiative, which has brought.... Read more »

Posted on : Tuesday , 3rd November 2015

Ethiopia Exports Agricultural, Industrial Products to Senegal

Senegal has got into the list of Ethiopia's export destinations for flower and other semi-processed products, according to Hassen Abdulkadir, Ethiopian Ambassador to Senegal.   The Ambassador told ENA in Senegal that the export of cut flowers is in progress while activities are underway to expand export items. Next on the export list are leather and leather products as well as coffee.   Last year, Senegal received 60, 000 USD worth.... Read more »

Posted on : Monday , 2nd November 2015

East Africa: Investment and Migration Center-Stage

 Ethiopia is now ready to host a large number of investors from Germany and Europe.   Bilateral relations with emphasis on investment, creating jobs and migration issues in relation to the upcoming Valletta Summit took center-stage when FDRE President Dr. Mulatu Teshome hosted former German President Horst Köhler at the National Palace on Wednesday.   Dr. Mulatu told Köhler that Ethiopia is making structural shift.... Read more »

Posted on : Monday , 2nd November 2015

Kenya Improves in World Bank's Investment Destination List

 Kenya's ranking as an investment destination has improved, largely due to the introduction of Huduma Centres and a campaign to increase electricity connections.   Huduma Centres are one-stop shops where a wide array of government services are offered.   The World Bank's Ease of Doing Business Index 2016 released Wednesday ranked Kenya as the third most improved nation in business regulatory reforms among 189.... Read more »

Posted on : Monday , 2nd November 2015

East Africa Improves in Investment Destination Ranking

 Uganda's move to allow online registration of businesses, make faster electricity connections and expand access to credit information, have improved the country as an investment destination.   This is according to the World Bank Doing Business Report 2016, released on Wednesday. Uganda jumped 13 places from 132 to 122 out of 189 economies surveyed in the last 12 months.   In the sub-Saharan Africa (SAA) region, the report.... Read more »

Posted on : Saturday , 31st October 2015

Improving Competitiveness of Manufacturing in Kenya

 World Bank reports released today underline the way to improving the competitiveness of key manufacturing sectors in Kenya. Analysis shows that the performance of the timber-furniture, textile-apparel, and leather and leather products value chains in Kenya are important for employment and growth in the country.   The reports provide an updated and comprehensive analysis of competitiveness for these manufacturing sectors in Kenya..... Read more »

Posted on : Thursday , 29th October 2015

African Business in the World-Class Space

 Africa is a continent on the move. This Fall Frontier 100 Forum celebrates the dynamism and growing importance of African business — not only on the continent — but also in the global sphere. The rising influence of homegrown African businesses in the global economy reflects the changing realities on the ground. In 2014, Africa accounted for 9 of the world’s 15 fastest-growing economies. Some 26 of Africa’s 54.... Read more »

Posted on : Wednesday , 28th October 2015

Africa: Harnessing Foreign Direct Investment

 Dubbed the new investment frontier, Africa’s attractiveness is becoming more visible to large corporations, institutions and investors.   Reflecting this, foreign investment (FDI) flows have grown exponentially since the turn of the millennium. Countries such as South Africa, Nigeria, Kenya, Egypt and Morocco are leading the way.   High growth economies such as Zambia, Ghana, Tanzania and Mozambique are also becoming.... Read more »

Posted on : Wednesday , 28th October 2015



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