So claims, the Minister for Foreign Affairs of Turkey – Mevlut Cavusoglu. He writes about this in his article, which was circulated to the media in Somalia, Ethiopia, Uganda and Rwanda. Comments on the partnership are not accidental. The Turkish-African summit shall be held in the capital city of Equatorial Guinea – Malabo between 9-10 November. The head of the Turkish MINISTRY of FOREIGN AFFAIRS stresses that his country.... Read more »

Posted on : Saturday , 6th December 2014

 The founder of global telecommunications Econet Wireless group Strive Masiyiwa said Africa was set to become a global innovation hub. Masiyiwa made the remarks in an exclusive interview with CNBC Africa.com. “Africa will become the global innovation hub in the next 25 years partly because in about 25 to 50 years’ time half of the world’s population will be Africans with most expected to be young ,” he said. Over.... Read more »

Posted on : Thursday , 4th December 2014

 Over 90 American companies are exploring business opportunities in the East African country despite the recent spate in terror attacks where over 60 Kenyans have been killed in what has largely been blamed on security lapses in a span of 10 days in the Northern part of the county. Led by a US organisation, the Corporate Council on Africa (CCA) devoted to US-Africa business relations which represent nearly 85 per cent of total US private.... Read more »

Posted on : Thursday , 4th December 2014

 will be made through Resolution Insurance’s (Resolution) holding company, Resolution Health East Africa, which has operations in Kenya and Tanzania and a partnership with IAA-Resolution in Uganda. LeapFrog partner Dominic Liber said: “East Africa is home to a 150 million strong population with insurance penetration rates below 4%, creating a vast opportunity to deliver financial inclusion at scale.” LeapFrog said the.... Read more »

Posted on : Thursday , 4th December 2014

The 17th edition of INDUSMACH 2015 is taking place from 7th-9th May 2015 at KICC,Nairobi Kenya and 23rd-25th May 2015 at MCC, Dar-Es-Salaam, Tanzania.  Exhibitors from over 20 countries participating at Kenya's Biggest International Trade Exhibition. Africa’s largest Industrial International Trade fair  INDUSMACH plays a significant role as a key trading event and as a source of inspiration for future technology trends. The show.... Read more »

Posted on : Wednesday , 3rd December 2014

 THE Aviation Industry Corporation of China (AVIC) has expressed its intention to cooperation with Air Tanzania Company Limited (ATCL) and restore the firm's lost glory. In May, this year, China's Prime Minister Li Keqiang, when delivering a speech at the African Union headquarter, said his government was keen to implement China-Africa regional aviation cooperation programme. He said the Beijing government would support Chinese.... Read more »

Posted on : Wednesday , 3rd December 2014

 A proposed 10-year investment strategy for priority infrastructure projects in the East Africa Community to tackle the existing gaps received backing during the just-concluded EAC Heads of State Retreat on infrastructure development and financing. The summit, convened over the weekend in Nairobi, Kenya, endorsed the blueprint and directed the Council (of Ministers) to mobilise resources for implementation. Held under the theme,.... Read more »

Posted on : Wednesday , 3rd December 2014

 President Jacob Zuma has arrived in China where he is leading a delegation of ministers and businesspeople on a State visit aimed at strengthening bilateral relations, the Presidency said on Tuesday. The two-day visit, scheduled for Thursday and Friday, signals a further consolidation of South African-Sino relations. This is President Zuma's second State visit to China. In 2010, he took 17 Ministers and about 300 businesspeople and.... Read more »

Posted on : Wednesday , 3rd December 2014

 The Government wants the manufacturing industry to have a greater weight in the national economy, at a time the country needs to diversify its economy still heavily dependent on the oil sector. This was said Wednesday in Luanda by the minister of Industry, Bernarda Gonçalves. The minister was speaking at a press conference, saying that the National Development Programme and the Angola Industrialisation Programme make provision for.... Read more »

Posted on : Tuesday , 2nd December 2014

 A variety of lenders are designated mandated lead arrangers including several African banks: Rand Merchant Bank, Bank du Caire and Nedbank. Admassu Tadesse, the PTA Bank President said, “We are grateful to our correspondent banking partners for their increased African appetite and their confidence in PTA Bank as it continues to grow, modernise and vigorously pursue our vision of being a world class specialised African financial.... Read more »

Posted on : Tuesday , 2nd December 2014

 ZIMBABWE and South Africa will soon sign a Memorandum of Understanding to strengthen trade and industrial relations, Industry and Commerce Minister Mike Bimha has said. "This framework is expected to further strengthen trade and industrial relations between our two countries. South African business people should take advantage of this framework to explore investment opportunities in Zimbabwe," Minister Bimha said. The Industry.... Read more »

Posted on : Tuesday , 2nd December 2014

 The World Economic Forum on Africa (WEFA),  has come to a close after three days of deliberations; over 1,200 regional and global leaders from 80 countries worldwide attended the event. The forum, centered on the theme of “Forging Inclusive Growth, Creating Jobs,” saw the participation of Nigerian President Jonathan Goodluck, Prime Minister of the Ivory Coast Daniel Kablan Duncan, Chinese Premier Li Keqiang, as well as.... Read more »

Posted on : Monday , 1st December 2014