Your are here  » Home   » Business News Kenya inks key trade pact with United Arab Emirates BY STANDARD REPORTER Updated Monday, November 24th 2014 at 00:00 GMT +3 Share this story: Kenya and the United Arab Emirates ( UAE) have entered into an investment promotion agreement that is expected to increase the volume of trade between the two countries. The agreement was signed by National Treasury Cabinet Secretary Henry.... Read more »

Posted on : Tuesday , 25th November 2014

 State woos international investors to finance Sh790 trillion big-ticket projects It has not escaped the attention of many that enthusiastic foreign investors made a beeline for Nairobi last week eager to clinch deals in Kenya, which is considered the financial and business hub of the East African region. These investors are positioning themselves to or have already clinched lucrative contracts for several mega projects in Kenya. The list.... Read more »

Posted on : Tuesday , 25th November 2014

 Basikwa Trading (Pty) Ltd was established in 2007, and has since taken advantage of the opportunities opening up in South Africa with regards to diamond benefication. The company trades in rough and polished diamonds on the local market and export to the international diamond trade, and values their customers as they value the diamonds they sell. Basikwa’s diamond factory produces polished diamonds which are certified by the.... Read more »

Posted on : Monday , 24th November 2014

 E K Farms has acquired over 100 hectares of land, and is now seeking investors to set up a biogas plant on the land. As Africa faces rising energy tariffs and becomes more aware of the dangers of traditional fuel and the greenhouse effect, the demand for more cost efficient biogas is increasing. In addition to lowering production costs, the production process of biogas produces fertiliser as a by-product.   The minimum investment.... Read more »

Posted on : Monday , 24th November 2014

 The US consul general to Nigeria, Jeffry Hawkins, revealed this recently during a meeting with the state governor Adams Oshiomhole. Hawkins said the US$250mn fertiliser plant was being planned by the Overseas Private Investment Corporation of the US government. Hawkins revealed, “We are here because we are proud that the Overseas Private Investment Corporation of the US government is planning to make a US$250mn investment in.... Read more »

Posted on : Monday , 24th November 2014

 Baobab Equity Management (Pty) Ltd is a Namibian owned company that was awarded an Exploration Prospecting Licence (EPL) to explore for phosphorites off the shores of Namibia in 2010. The company appointed a South African based geological expert to perform a preliminary desktop review of the deposit.   The size of the shelf phosphorite deposit is impressive in terms of extent and phosphorite content. The EPL occurs within the.... Read more »

Posted on : Monday , 24th November 2014

 Zambian International Trade & Investment Centre (ZITIC) seeks potential investors and joint venture partners are sought for new mining exploration projects in Zambia.   An exploration licence has already been obtained from the authorities for copper, gold and other minerals in North-Western Province amongst operational mines that include Lumwana, Kansanshi and the Sentinel project by First Quantum Minerals.   Investors.... Read more »

Posted on : Monday , 24th November 2014

 The facility is earmarked to be an aluminium alloy manufacturing factory to provide products to both the original equipment manufacturers (OEM) and after-sale markets, locally and internationally. Negotiations are already underway to export the product to the United Kingdom (Wofrace and Dymang) and for the local supplier of OEMs Ford, Toyota and Hyundai. Raw material for production is readily available from BHP Billiton’s.... Read more »

Posted on : Saturday , 22nd November 2014

 The African aluminium industry is one of the industrial pillars of the South African economy. The country has primary smelters of its own which are performing well. South Africa’s last remaining piston manufacturer closed in the last five years, a victim of the global slowdown in the automotive industry. The country now imports pistons from various parts of the world to support the automotive industry and.... Read more »

Posted on : Saturday , 22nd November 2014

 The Richards Bay Industrial Development Zone is seeking investors to invest in the production facility for carbonaceous paste for electrodes used in furnace linings. Carbonaceous electrode paste is used in closed electric smelting furnaces as a continuous self-baking electrode to produce calcium carbide and ferro-alloy. During the furnace operation the electrode paste acts as current conductor. Electrode paste is produced from.... Read more »

Posted on : Saturday , 22nd November 2014

 Aliko Dangote is planning to invest in developing Mbinga coal mine in the southwest of Tanzania. This was disclosed during a meeting between Dangote and Tanzania’s Vice President Mohammed Gharib Bilal at the Africa Global Business Forum in Dubai.   Dangote is expecting that the coal from the mine will be used to power Mtwara Cement plant, located in the same region in the country. The amount of investment for the new coal.... Read more »

Posted on : Friday , 21st November 2014

 AVIC International Holding Corporation has made public their intent to establish their African headquarters in Nairobi, Kenya. The project will be undertaken at a cost of US$ 200m. The building will be set up on a 2,500 square meters piece of land and will include commercial units, a hotel, residential units and offices. The time frame set for the project to be complete is five years and it is expected to create 2000 jobs during the.... Read more »

Posted on : Friday , 21st November 2014