Market News Page No. 243| Africa Business News | Afrotrade

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Turkish Exporters Target Africa

At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries. Africa has recorded an annual growth rate of 5 percent over the last decade and is expected to continue this trend in the coming years. Six out of ten fastest growing.... Read more »

Posted on : Wednesday , 23rd November 2016

Turkish Exporters Target Africa

At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries. Africa has recorded an annual growth rate of 5 percent over the last decade and is expected to continue this trend in the coming years. Six out of ten fastest growing.... Read more »

Posted on : Wednesday , 23rd November 2016

Turkish Exporters Target Africa

At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries. Africa has recorded an annual growth rate of 5 percent over the last decade and is expected to continue this trend in the coming years. Six out of ten fastest.... Read more »

Posted on : Wednesday , 23rd November 2016

Turkish Exporters Target Africa

At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries. Africa has recorded an annual growth rate of 5 percent over the last decade and is expected to continue this trend in the coming years. Six out of ten fastest growing.... Read more »

Posted on : Wednesday , 23rd November 2016

Turkish Exporters Target Africa

At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries. Africa has recorded an annual growth rate of 5 percent over the last decade and is expected to continue this trend in the coming years. Six out of ten fastest growing.... Read more »

Posted on : Wednesday , 23rd November 2016

Rwanda energy sector remains attractive � says expert

The Rwanda Energy Group is targeting to increase power output to at least 563MW by 2018 from the current capacity of 190MW and connect about 70% of households by 2020. In East Africa, the chief executive officer at the Rwanda Energy Group (REG), Jean Bosco Mugiraneza, has stated that the utility seeks to upsurge power distribution and supply, as well as increase efficiency to meet increasing demand for electricity in the country,.... Read more »

Posted on : Wednesday , 23rd November 2016

Russians urged to invest more in South Africa

The Deputy Director-General of Trade and Investment at the Department of Trade and Industry (the dti), Ms Pumla Ncapayi has urged Russian companies to increase their investments in South Africa. Ncapayi was delivering a keynote address at the South Africa-Russia Business Council that took place in Pretoria today. The session was held on the sidelines of the Intergovernmental Committee on Trade and Economic Cooperation (ITEC) that is hosted.... Read more »

Posted on : Wednesday , 23rd November 2016

Ethiopia: Biogas and Solar - Alternative Energy Source Focuses

Ethiopia meets much of its energy demands from hydroelectric sources these days. Though 45,000 MW of hydro power potential under use at the moment, the demand for energy is increasing at a high rate. The growth in the demand is due to the ongoing industrial growth and rapid development. The fast economic growth of the nation calls for more energy even from other energy alternatives. Among the other alternatives that the country has not.... Read more »

Posted on : Wednesday , 23rd November 2016

Smart Streetlights to Light Up IoT Investments

Smart grid deployments in the utility sector in a first wave of Internet of Things (IoT) investment, is now passé. The public outdoor street-lighting sector is aglow with IoT investment, with global investment over the next decade expected to cumulatively touch $69.5 billion. By 2020, it is expected that 89% of cities and municipalities will transition to LED streetlights, of which 42% will be networked to make them.... Read more »

Posted on : Wednesday , 23rd November 2016

Mondi seeking deals to capture growth in consumer packaging

Mondi Ltd. is seeking to acquire more companies making the type of flexible packaging used for items like pet-food pouches, as the South African manufacturer taps growing demand from the consumer-goods industry. The maker of corrugated boxes and industrial bags has made four “bolt-on” consumer-related purchases in the past two years and has the appetite for more, Chief Executive Officer David Hathorn, 54, said in an.... Read more »

Posted on : Wednesday , 23rd November 2016

Bliss GVS Pharma bags $ 111 million contract in Kenya

The company operates an innovative public-private engagement model to address unmet healthcare requirements in Kenya through its chain of clinics and partner service providers Bliss GVS Pharma Ltd, through its Kenyan subsidiary Bliss GVS Healthcare Limited (BGHL), has won a three year contract worth $ 111.40 million (about Rs 755 crore) from Aon Kenya Insurance Brokers Ltd for provision of medical healthcare services in Kenya..... Read more »

Posted on : Wednesday , 23rd November 2016

China pledges to deepen military cooperation with Tanzania

DAR ES SALAAM -- China is willing to work together with Tanzania to constantly deepen bilateral military cooperation and boost their military ties, said Fan Changlong, vice chairman of China's Central Military Commission, on Monday. Fan made this remark when he wrapped up his three-day official visit to Tanzania, where he met with Tanzanian President John Magufuli and Defense and National Service Minister Hussein Ali Hassan.... Read more »

Posted on : Wednesday , 23rd November 2016

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