N e w s

Ethiopia: Double Digit Economic Growth to Continue - World Bank

In its fifth economic update for Ethiopia, the World Bank reported that the country's growth will remain relatively steady in the coming years. The country has been growing at an average of 11pc over the past decade.   Last year, the country registered a growth of eight percent, despite facing the worst drought in five decades.   Even though the country has reduced the problem of unemployment, the figure is still remained.... Read more »

Posted on : Wednesday , 14th December 2016

Ethiopia: Double Digit Economic Growth to Continue - World Bank

In its fifth economic update for Ethiopia, the World Bank reported that the country's growth will remain relatively steady in the coming years. The country has been growing at an average of 11pc over the past decade.   Last year, the country registered a growth of eight percent, despite facing the worst drought in five decades.   Even though the country has reduced the problem of unemployment, the figure is still remained.... Read more »

Posted on : Wednesday , 14th December 2016

Ethiopia: New Research to Aid in Reducing Maternal Mortality

Health development army contributes to maternal mortality reduction.   Ethiopian maternal health researcher Hagos Godefay at Umeå University in Sweden has created a locally feasible method to estimate maternal mortality rates with a bottom-up measurement approach.   Providing insights into the effectiveness of local interventions to reduce maternal mortality, the approach would be important for health sector planning and.... Read more »

Posted on : Wednesday , 14th December 2016

Ethiopia Set to Launch New National Monitoring and Evaluation Policy

Ethiopia is to launch its first national level monitoring and evaluation policy. The Prime Minister issued an order this week for the National Planning Commission to begin the development of a National Monitoring and Evaluation Policy. The policy will provide the guidelines for the monitoring and evaluation process of all government projects and offices around the country.   To date, monitoring and evaluation policies and guidelines have.... Read more »

Posted on : Wednesday , 14th December 2016

Ethiopia: Construction Sector to be Governed by New Bill

Upon the approval of the bill, the ministry will conduct a quality audit inspections on construction projects   In a bid to reduce waste in publicly funded construction projects, the government is preparing a legal framework to monitor the rapidly growing sector.   The directive is meant to establish a system of controlling and auditing construction projects at every stage, from inception to completion. It will provide a way to.... Read more »

Posted on : Wednesday , 14th December 2016

Tanzania: PASS, AGF Ink Deal to Boost Agriculture Loan Guarantees

Dar es Salaam — Tanzania's Private Agricultural Sector Support (Pass) has signed an agreement with Nairobi-based African Guarantee Fund (AGF) to boost loan guarantees in the county.   The two parties agreed to share the risks of loan guarantee to eligible clients in Tanzania, with the aim of enhancing the outreach impact and reducing duplication of efforts and resources.   "Pass and AGF are determined to ease access to.... Read more »

Posted on : Tuesday , 13th December 2016

Rwanda: Dairy Exports Cross Rwf9 Billion in 2016

Rwanda's earnings from export of dairy products increased from $85,000 in 2012 to $11.5 million in 2016, Rwanda Dairy Competitiveness Programme II (RDCP II) Impact Report shows.   By 2016, according to the report, 78,000 additional litres of milk were being processed per day in Rwanda, helping meet a growing need for milk used in value added products.   This move brought the quantity of milk processed daily to 110,000.... Read more »

Posted on : Tuesday , 13th December 2016

Tanzania: 'Local Textiles Industries Can Meet Domestic Demand'

Domestic  textiles industries can meet the country's demand for garment should efforts be in place to protect them from cheap imports. Instead, more manufacturers were moving huge sales to the regional markets of the East, Central and Southern Africa than they did to the local markets.   An official with A to Z textiles, Mr Fadhili Mbise, said at the ongoing industry exhibitions at the DITF along Kilwa Road that local manufacturers.... Read more »

Posted on : Tuesday , 13th December 2016

Tanzania: Govt Plans Industrial Development Bank to Boost Investment

The government is planning to establish industrial development bank soon to speed up investment flow and loans for industrial development. Permanent Secretary (PS) in the Ministry of Industry, Trade and Investment, Dr Adelhelm Meru, revealed the above in Dar es Salaam yesterday during the official closing of the industrial exhibitions that took place at Dar es Salaam International Trade Fair (DITF) grounds along Kilwa Road.   "The.... Read more »

Posted on : Tuesday , 13th December 2016

Rwanda: Invest in Agriculture to Boost Industrialization - AfDB President

African countries should invest more in agriculture and agro-processing to boost industrialisation on the continent, Akinwumi Adesina, the African Development Bank President (AfDB), has said. He noted that there is need for both governments and private sector bodies to partner and leverage the continent's resources to transform the sector amid the global economic recession.   Adesina also urged governments on the continent to promote.... Read more »

Posted on : Monday , 12th December 2016

Tanzania's First Wind Farm Project to Take Off in May 2017

Singida Wind Power project, which is the first wind farm in Tanzania is expected to begin from May, next year, after negotiations for power purchase agreement between the developer and the government are concluded.   The Managing Director of Six Telecoms, which is among partners to the project, Rashid Shamte told reporters in Dar es Salaam yesterday that the PPA negotiations with TANESCO, Ministry of Energy and Minerals and Attorney.... Read more »

Posted on : Monday , 12th December 2016

Kenya Power Prepares $2 Billion Budget for Upcoming Mega Projects

Electricity distributor Kenya Power has prepared a $2.17 billion (Sh219.1 billion) budget for the implementation of capital intensive projects in the next five years.   The utility firm, in its blueprint, states that the funds will be used to adequately supply power to 10.8 million customers by 2021, more than double the 4.8 million clients currently connected to the national grid.   Kenya Power's plan covers five key projects --.... Read more »

Posted on : Monday , 12th December 2016



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