Market News Page No. 246| Africa Business News | Afrotrade

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Africa Hails China's Ban of Ivory Products

Nairobi — China's latest ban on processing and sale of ivory products marked a historic milestone in efforts to save African elephants from poaching, Kenyan wildlife officials said on Tuesday. Richard Leakey, chairman of the Kenya Wildlife Service (KWS), hailed the Chinese government's decision, saying it will revitalize global action on illegal trade in trophies. "I was pleased to learn about China's action that.... Read more »

Posted on : Thursday , 5th January 2017

Kenya: State-of-the-Art National Library Complex to be Completed in 2017

Nairobi — The Sh2.4 billion ultra-modern national library complex on Ngong road, Nairobi is set to be opened in 2017, with 65 percent of the works completed on the 5 storey building. Vision 2030 Delivery Secretariat, Director General, Dr. Julius Muia, says the library will offer a comprehensive national reference service to all sectors of the economy and contribute to literacy development and research. With a sitting.... Read more »

Posted on : Thursday , 5th January 2017

Rwanda: Roads Expansion Project Gets Underway, Contractors Promise Speedy, Quality Work

Officials from the firm hired to supervise works on the expansion of Kigali city roads have committed to finish in time to avoid prolonged inconveniences to road users and also ensure quality work. The roads expansion project is set to cover about 54 kilometres, mainly targeting expanding roads to a dual carriage way with two lanes on each side. Chinese firm, China Road Bridge Corporation, has been contracted to do the.... Read more »

Posted on : Thursday , 5th January 2017

Ethiopia's Focus on Enhancing Investment and Trade

Nobody denies that a sustainable financial industry depends on a market driven business, characterized by competitiveness and efficiency. The government also plays its role in regulating the fiscal and monetary aspect of the economy. These make the economy to move in the right track. As it is known, Ethiopia has been working to boost trade and investment and towards that end various measures have been taken including the formulation of.... Read more »

Posted on : Thursday , 5th January 2017

Ethiopia: Abattoirs Enterprise to Ensure Quality Meat Delivery

Some 33 vets would carryout test on the livestock to ensure healthy and quality meat delivery The Addis Ababa Abattoirs Enterprise announced that it has finalized preparations to deliver slaughtering services for customers incoming Ethiopian Christmas. Enterprise Managing Director Nibiret Beka told reporters yesterday the enterprise has readied about 2,500 - 3,000 livestock of which 1,200 are sheep for slaughter and deliver.... Read more »

Posted on : Thursday , 5th January 2017

Ethiopia Begins its Two-Year United Nations Security Council Term

Ethiopia officially began its two-year term as a non-permanent member of the United Nations Security Council (UNSC) January 02, 2017. The new UN Secretary-General Antonio Guterres also began his duties as the 9th Secretary-General the same day and he did so with a strong appeal for peace in 2017. Ethiopia together with other members of the Council would do everything it can to respond to Guterres' appeal for peace and.... Read more »

Posted on : Thursday , 5th January 2017

GERD - A Symbol of Ethiopia's Developmental Drive

Some 25 years back when the ruling party took power, the country was in desperate situation and the aftermath of the war left the nation's fate unpredictable. The economy almost plummeted to zero level. Most infrastructures were incapacitated and out of use and the quest for peace and stability seemed nightmarish. Getting things back in shape or giving them a kiss of life was a daunting task for the new government. Hence, taking stabilizing.... Read more »

Posted on : Thursday , 5th January 2017

The Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicle (AV) will reach $35 billion by 2020

The Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicle (AV) market will reach a total global value of $35 billion in 2020, before a fourfold increase to reach $144 billion in revenues by 2025, according to a new study from Juniper research. The new research, Autonomous Vehicles & ADAS: Adoption, Regulation & Business Models 2016-2025, found that whilst ADAS still lacks significant mass market penetration, its.... Read more »

Posted on : Thursday , 5th January 2017

Modern Farming System - The experts role

Rust resistant variety of wheat helps farmers to raise production Plants can suffer from infections caused by fungi, bacteria, viruses, nematodes, and other pathogens. Various high-tech approaches have been proposed to protect plants from harmful afflictions. According to Commonwealth Scientific and Industrial Research Organization (CSIRO), it is estimated that 5.47 million tonnes of wheat, equivalent to USD 979 million, are lost.... Read more »

Posted on : Thursday , 5th January 2017

Ethiopia is capable of supplying 16 to 18 million hides and skin per annum

Some 33 vets would carryout test on the livestock to ensure healthy and quality meat delivery The Addis Ababa Abattoirs Enterprise announced that it has finalized preparations to deliver slaughtering services for customers incoming Ethiopian Christmas. Enterprise Managing Director Nibiret Beka told reporters yesterday the enterprise has readied about 2,500 - 3,000 livestock of which 1,200 are sheep for slaughter and deliver meat to.... Read more »

Posted on : Thursday , 5th January 2017

Tanzania: Affordable, Reliable Power Key for Revitalization of Industry

Reliable supply and affordable electricity is the key in the establishment and revival of industries in the country. Since it came to power, the Fifth Phase Government has been encouraging both local and foreign investors to set up industries in the country. Last week, the Energy and Water Utilities Regulatory Authority (EWURA) announced the increase of electricity tariff by an average of 8.5 per cent. It is quite clear that.... Read more »

Posted on : Wednesday , 4th January 2017

Ethiopia: Farmers Keen on Technology to Boost Crop Productivity

The Ethiopian Society of Rural Development and Agricultural Extension said farmers' demand for improved agricultural technologies is growing rapidly. Society President Chimdo Anchala said farmers are showing growing interest to use improved technologies and agricultural practices to boost crop productivity. According to the president, some farmers are using livestock technologies. But, there is a big rift between farmers'.... Read more »

Posted on : Wednesday , 4th January 2017

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