Market News Page No. 102| Africa Business News

ROCKPLANT EAST AFRICA AT MINEXPO 2019 IN DAR ES SALAAM, TANZANIA

Rock Plant East Africa, a global leader in construction, quarry and mining solutions is participating at the 5th Minexpo Africa, Tanzania's premier business event for the mining and heavy machinery industry. The international trade event is to be hosted at the centrally located Diamond Jubilee Hall from the 12th to 14th September, 2019. The company is expected to promote its industry-leading range products and machinery to the Tanzanian and Sub.... Read more »

Posted on : Tuesday , 20th August 2019

Tanzania and South Africa commit to increasing bilateral trade and investment opportunities

South Africa’s President Cyril Ramaphosa welcomed by John Magufuli, the President of Tanzania during his visit to Dar es Salaam. This was the first official visit of the South African President to Tanzania after being elected in May. The two presidents discussed many bilateral issues between the countries and signed agreement under many sectors for the advancement of trade, investment, energy cooperation and infrastructure development.... Read more »

Posted on : Monday , 19th August 2019

Largest Wind Power Project of Africa is now Accessible in Kenya

Kenya progresses to make giant strides in its adherence to renewable energy. It has disclosed Africa’s biggest wind power project in a gusty and rocky desert stretch located 600 kilometers (372 miles) north of the capital Nairobi. The Lake Turkana Wind Power farm includes 365 turbines with a capacity to dispense 310 megawatts of reliable, low-cost energy to Kenya’s national grid. The wind farm is situated in the Turkana Wind.... Read more »

Posted on : Monday , 19th August 2019

MUNIRA LIGHTING (AL HATIMI) TO VENTURE AFRICA AT THE MOST AWAITED EVENT : 5TH LIGHTEXPO TANZANIA

Munira Lighting Is A Responsible And Quality Supplier Of LED Light Fittings With Components And Products Sourced From The USA, Japan, Taiwan, Korea, India And China.they will be participating at Tanzania “5TH LIGHTEXPO”, to expand their Business in overseas regions. As part of AL HATIMI Trading FZE, Munira Lighting constantly endeavor to bring to efficient and safe lighting solutions for a variety of applications and areas.... Read more »

Posted on : Monday , 19th August 2019

Hyundai East Africa Ltd. building a better future for Tanzania with Buildexpo Africa

Hyundai East Africa Ltd., is participating at 22nd Buildexpo Africa – Tanzania 2019 to promote its state of the art construction equipments and products range. The event is from 12th to 14th September 2019, at the Diamond Jubilee Hall in Dar es Salaam, where the company looks to attract top industry professionals from all over the continent, including Builders, Developers, Importers, Architects, Consultants, Engineers, Manufacturers and.... Read more »

Posted on : Monday , 19th August 2019

USD 265 million bridge to be constructed over Lake Victoria by Tanzania

A contract worth USD 265 million for the construction of 3.2 km long bridge over the lake Victoria has signed by the Government of Tanzania. Two Chinese companies have been awarded this contract with the aim of increasing trade connectivity among the East African countries. The two companies namely the China Railway 15th Bureau and China Civil Engineering Construction Company (CCECC) will reportedly build a link over the Gulf of Mwanza, which.... Read more »

Posted on : Wednesday , 14th August 2019

GIZMO GLOBAL CONNECTIONS LTD ALL SET TO PARTICIPATE AT 5TH LIGHTEXPO TANZANIA 2019 FROM 12TH TO 14TH SEPTEMBER

Gizmo Global Connections Ltd has signed up as an exhibitor at the most awaited event in Tanzania “5TH LIGHTEXPO”, in order to explore and expand its magnificent foot holes in Africa market. Allocacoc is a one-of-a-kind industrial design company, aiming to create a different standard for products that haven't been changed for years. All of its products have 1 USP and multiple features. They are radically "different".... Read more »

Posted on : Tuesday , 13th August 2019

Tanzania Government Has Announced New Incentives For The Pharmaceutical Investors

The government of Tanzania is coming up with a new incentive as it attempt to attract more investors into the pharmaceutical sector. Under the plan, it is raising the price preference to locally-manufactured medical supplies from the current 15 to 25 per cent. "If a locally-produced medicine is sold at Sh125 and the imported one at Sh100, the government will pick Tanzanian product to promote the local pharmaceutical.... Read more »

Posted on : Wednesday , 7th August 2019

Tanzania Upgrades Its Health Services In Order To Detect And Manage Ebola At Airports

Tanzania has enhanced its preparedness for identifying and managing imported cases of Ebola Virus Disease (EVD) through airports. Director of preventive services at the ministry of Health, Leonard Subi, said that they have gained nine walk-through thermal scanners. He informed that the machines will be installed at Songwe, Mwanza and Kilimanjaro airports as well as some border posts. Dr Subi further noted, "recently we.... Read more »

Posted on : Wednesday , 7th August 2019

Heritage Insurance Kenya Introduces First Telematics Motor Insurance in Kenya

Heritage Insurance Kenya has launched the country’s first telematics motor insurance, labeled Auto Correct motor insurance. According to the Insurance Company, the service makes use of telematics capabilities together with data and analytics to promote safety and improve customer engagement. The business is powered by telematics technology – a method of capturing and processing driving data. The device collects and transmits.... Read more »

Posted on : Wednesday , 7th August 2019

Kenya’s Growing Motorbike Taxi Industry Lifts Backward Economies

A booming motorbike transport industry in Kenya has lifted economies of various rural and urban centers, with the machines imported mainly from China changing the destiny of many. Across rural Kenya, economies of most of the regions now whirl around the motorbikes. It is a similar case in many urban areas where motorbikes have helped upgrade 24-hour economy and ease transportation of goods and people. Nahashon Kiarie is a motorbike taxi.... Read more »

Posted on : Wednesday , 7th August 2019

UNCTAD And TradeMark East Africa signed A US$3.1 Million Agreement Which Is Focused On Facilitating Trade In The Region

On 4th July, the two organizations signed a US$3.1 million agreement for the second phase of a project focused on accelerating trade in the region. The first phase of the project was executed between 2016 and 2018 with a budget of $3.4 million. The first phase of the project saw the construction of four national trade information portals in Kenya, Rwanda, Tanzania and Uganda, as well as a regional trade portal. Burundi’s trade.... Read more »

Posted on : Monday , 5th August 2019