Market News Page No. 1| Africa Business News

New Investment Plans For Agribusiness In Africa

Africa is currently the second most populous continent in the world, its current population is 1.2 billion. This growing population of Africa could reach 2 billion by 2030 and 2.5 billion by 2050 as per the United Nations projections. This shows that one in five consumers globally will be African. Africa’s agribusiness sector is expected to reach $1 trillion by 2030, so there is certainly cause for optimism. Consumer demand for food in.... Read more »

Posted on : Monday , 18th November 2019

Ethiopia - Africa's Fastest Growing Economy

With a population of over 100 million and an annual economic growth rate of 10% over the past 15 years, it presents a unique opportunity. Ethiopia is one of the world's largest untapped markets, and there is an increasing belief that privatisation of state-owned enterprises could be one of the ways to attract potential investments and spur the economy. Ethiopia is historically recognised as one of the most authoritarian and.... Read more »

Posted on : Monday , 18th November 2019

Ethiopia Looks for Chinese Collaboration in energy sector

Ethiopia is seeking to boost energy approach in the country, and it looks forward to more cooperation and involvement of Chinese companies that could acomplish the existing opportunities in the East African country, the Ethiopian State Minister of Water, Irrigation and Energy, Firehiwot Woldehana, noted.Speaking at the China-Africa Energy Cooperation Forum in Ethiopia's capital Addis Ababa, the State Minister said the government is working.... Read more »

Posted on : Friday , 8th November 2019

Coca Cola Introduced Five Ways To Clean Up Its Plastic Footprint Across Africa

In 2018, the Coca-Cola Company announced its World Without Waste vision, which committed to an ambitious goal: to collect and recycle the equivalent of a bottle or can for every one they sell by 2030, reaching a 100% collection and recycling rate of all their packaging. The vision also includes ensuring all of their packaging is 100% recyclable by 2025 and that the PET bottles are made with an average of 50% recycled.... Read more »

Posted on : Friday , 8th November 2019

Sustainable Packaging Market Is Expected To Grow In The Next 10 Years

Sustainable packaging finds its application in almost all industry verticals, but predominantly it has found a major stake in the industries such as, food & beverages, FMCG, retail trade, wholesale, Healthcare, etc. This new concept of packaging has also brought in a new dimensions for innovations giving a whole lot of opportunities for the entrepreneurs to explore various untapped dimensions in this field. Sustainable.... Read more »

Posted on : Friday , 8th November 2019

OPENING TOMORROW EAST AFRICA INTERNATIONAL TRADE EXHIBITION IS BACK IN DAR ES SALAAM, TANZANIA

22nd EAST AFRICA INTERNATIONAL TRADE EXHIBITION (EAITE) Tanzania's premier business trade show will open at Diamond Jubilee Hall from the 07th to 09th November, 2019. The highly awaited business industry event will be inaugurated by Hon. Eng. Dr. Stella Martin Manyanya Deputy Minister, Ministry of Industry & Trade in Tanzania. Ambassadors and Trade Representatives from various embassies and associations will also be in attendance to promote.... Read more »

Posted on : Wednesday , 6th November 2019

Ethiopia Has Earned $ 723 Million In Export Revenue

According to a report released by the Ministry, the amount of revenue earned during the reported period of time exceeds that of the same period last year by $ 95.1 million. The report stated that reform activities initiated in order to achieve the fiscal year plan and further to improve the outsourcing would further improve the export revenue by working in coordination with manufacturers, suppliers and exporters. Ethiopia’s Ministry.... Read more »

Posted on : Monday , 4th November 2019

A-MAP Launches Promotional Campaign In Ethiopia To Promote ASIMCO Auto Parts

A-MAP has promoted an extensive advertising and marketing campaign to promote ASIMCO automotive spare parts in the Ethiopian market. with the aim to further boost the reputation and scope of ASIMCO auto parts in Ethiopia, Al Muqarram Auto Parts (A-MAP) has launched advancing promotional campaign in Ethiopia. Ethiopia is one of Africa's fastest growing economies and has the continent's second largest population. Subsequently, multiple of.... Read more »

Posted on : Monday , 4th November 2019

Kenya Launch Vaccination To Prevent Cervical Cancer

To Protect Kenyan women against Cevical Cancer, President Uhuru Kenyatta has launched a vaccination campaign in Kenya. The vaccine against Human Papillomavirus (HPV) will be administered to girls aged 10 years across the country. The national launching of vaccine was accompanied by Mombasa Governor Ali Hassan Joho at Ziwani Primary in Mombasa. After launching vaccine it was also announced that the vaccine will be available in all.... Read more »

Posted on : Saturday , 2nd November 2019

Amarillo and Ethiopian Medical Professionals Working Together To Save New-born

Amarillo - The Neonatal Department, a non-profit organization taking an efforts to make a difference in new-borns in Ethiopia. To provide education to Ethiopian Physicians on how to sustain healthy new-born babies successfully, Amarillo provided their eight Medical Professionals in Ethiopia. According to Neonatal Nurse Practitioner Phillip Platt, education in Ethiopia isn’t the problem; the lack of resources to apply their learning.... Read more »

Posted on : Saturday , 2nd November 2019

Ethiopia - New Technique In Bid To Improve Food Security

Now no more struggles to feed itself for Africa. The government’s Agriculture Transformation Agency, headed by Khalid Bomba, aiming for widespread commercial farming and food security in 20 years. A former JPMorgan Chase & Co. analyst is using drones and satellites to boost Ethiopia’s agricultural exports and improve food security in a nation once synonymous with famine. Ethiopia’s two main exports are coffee and oilseeds,.... Read more »

Posted on : Saturday , 2nd November 2019

Twiga’s Mobile By Kenya Raises $30m For West Africa’s Growth

Twiga’s mobile platform connects retailers with farmers and food manufacturers. These makes food economical and more accessible to a region with a growing population and food crisis. This leads to increase $23.75m in equity from Goldman Sachs and existing VC investors the international Finance Corporation (IFC), TLcom Capital, Wamda Capital and Creadev, as well as $6m in debt from OPIC and Alpha Mundi, an announcement on Monday.... Read more »

Posted on : Friday , 1st November 2019