Market News Page No. 221| Africa Business News | Afrotrade

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Tanzania: AfDB Funded Road Construction to Spur Growth, Development

Construction of 359 kilometer Pangale to Mpanda road to tarmac level funded by African Development Bank (AfDB) will speed up economic growth in Tabora and Katavi regions. Tanzania Regional Roads Agency (TanRoad) Tabora Regional Manager Mr Damian Ndabalinze said the road will open up new investment opportunities to benefit the surrounding societies and the economy. He said the implementation of the road project will also involve bees.... Read more »

Posted on : Tuesday , 10th January 2017

Combating Cyber Crime in the Construction Industry

Virtual crime has become an unpleasant reality of our times, leaving not even the field of construction equipment untouched. Cybercrime comes with significant cost. It was been estimated that the global economic cost of combating cybercrime could reach $400 billion, according to a report entitled “Net Losses: Estimating the Global Cost of Cybercrime”, published by the McAfee Centre for Strategic and International Studies a.... Read more »

Posted on : Monday , 9th January 2017

Tanzania: AfDB Approves $870,000 for Off-grid Energy Promotion

The African Development Bank has approved a $870,000 grant to promote off-grid electricity generation in Tanzania. The grant, announced yesterday, was approved under the Sustainable Energy for Africa facility, which is funded by the governments of Denmark, the UK, the US and Italy. The money will go towards funding private sector clean energy projects, with a view to improving access to electricity in rural areas of the East.... Read more »

Posted on : Monday , 9th January 2017

Tanzania: Diesel, Kerosene Prices Lowered, Petrol Price Slightly Up

The Energy and Water Utilities Regulatory Authority (EWURA) has lowered cap prices for diesel and kerosene and slightly increased petrol prices for January in line with changes in prices of petroleum products in the world market. The energy regulator announced yesterday that retail prices for diesel and kerosene have decreased by 66/- per litre or 3.68 per cent and 37/- per litre or 2.11 per cent respectively to provide huge relief to.... Read more »

Posted on : Monday , 9th January 2017

Rwanda: Energy Utility Announces End to Load Shedding

Rwanda can now produce enough power to service all those who need it in Kigali, the Chief Executive of Rwanda Energy Group (REG), Jean Bosco Mugiraneza, has said. Mugiraneza, who was addressing journalists in Kigali, yesterday, said besides being able to provide electricity to everyone who needs it, REG had embarked on different projects that will also purge general load shedding issues. In Kigali, REG is, among others,.... Read more »

Posted on : Monday , 9th January 2017

Ethiopia: Reppie Waste to Energy Facility In Line With Climate-friendly Industrialization

The move proves nation's green growth strategy implementation President Dr. Mulatu Teshome said the Reppie Waste to Energy Facility is a tangible manifestation of country's move in building eco-friendly growth. The president made the remark yesterday while visiting the facility under-construction at a cost of 95 million USD. When sees completion, Reppie would be Africa's major waste-to-energy facility and expected to.... Read more »

Posted on : Monday , 9th January 2017

Tanzania: Fertiliser Company Uses Innovative Method to Educate Farmers

Yara Tanzania has launched a campaign 'YaraMila cereal raffle draw' that will see farmers increase use of fertilizers so as to boost agriculture production and maintain soil fertility. The campaign, which was launched recently in Mbeya Region is set to take place in 11 villages such as Igawa, Ubaruku, Mbarali estate, Kapunga, Rujewa, Madibira, Mapogoro, Chimala, Nyelegete, Mkunywa and Mahango of Mbeya and Iringa.... Read more »

Posted on : Monday , 9th January 2017

Kenya: Chinese Doctor Offers Free Medical Aid to Nairobi Slum Dwellers

Nairobi — Wang Lei, a Chinese doctor, is offering free medical aid to slum dwellers in the Kenyan capital Nairobi. Prof. Wang told Xinhua earlier this week that he came to Kenya under a bilateral agreement between the Kenyan and Chinese governments on medical cooperation. Under the agreement, the Chinese government will donate four mobile health clinics to Kenya. The clinics are expected to extend medical services to.... Read more »

Posted on : Monday , 9th January 2017

Kenya: Chinese Doctors Organise Medical Camp for Underprivileged Orphans

Nairobi — A team of Chinese doctors on Saturday conducted a medical camp for the disadvantaged orphans in Huruma Children's Home, about 28 kilometres southwest of the Kenyan capital Nairobi. Professor Tian Shengxun told Xinhua that the camp targeted over 200 orphans who can not access quality medical services. "Our aim is to ensure that all people have access to medical services regardless of their socio-economic.... Read more »

Posted on : Monday , 9th January 2017

Africa: China Always Regards Africa As Priority - Chinese Foreign Minister

Antananarivo — Chinese Foreign Minister Wang Yi said here Saturday that China always regards Africa as priority in its diplomacy. During his talks with his Malagasy counterpart, Beatrice Atallah, Wang said that he chose Africa as his first overseas visit destination in 2017 by following a nearly three-decade-old diplomatic tradition. This signifies that China always regards developing countries as the cornerstone of its.... Read more »

Posted on : Monday , 9th January 2017

China Welcomes Africa to be Part of Belt and Road Initiative

Antananarivo — Chinese Foreign Minister Wang Yi said here Saturday that China welcomes African countries to join the Belt and Road Initiative. The initiative was proposed by Chinese President Xi Jinping in hope for common development and common prosperity with countries that identify themselves with this proposal, said Wang at a joint press conference with his Madagascar counterpart. This proposal is the most important.... Read more »

Posted on : Monday , 9th January 2017

Tanzania: Mining Sector Has More Potential to Boost Economy

Tanzania is blessed with a wide range of minerals which should translate to a big boost to the country's economy and our people's quality of life. The minerals include metals such as gold, iron, silver, copper, platinum, nickel and tin; gemstones such as diamonds, tanzanite, ruby, garnet, emerald, alexandrite and sapphire. Furthermore, there industrial minerals such as kaolin, phosphate, lime, gypsum, diatomite, bentonite, vermiculite,.... Read more »

Posted on : Monday , 9th January 2017

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