Market News Page No. 13| Africa Business News

In Zanzibar, a Solar Water Desalination Plant goes into Operation.

The German company Boreal Light has recently inaugurated a new water desalination plant in Tanzania. Local authorities in the Zanzibar archipelago recently inaugurated the project, which has been developed in conjunction with WaterKiosk Africa. The ribbon-cutting ceremony for the new desalination plant was presided over by Hussein Mwinyi, the president of Zanzibar, a semi-autonomous archipelago in the Indian Ocean off the coast of Tanzania..... Read more »

Posted on : Monday , 12th September 2022

Coca-Cola invests $2 million in Upgrading its Kisumu Wastewater Treatment Plant.

Through all of its operations, environmental sustainability. Coca-Cola Beverages Africa (CCBA) in Kenya intends to reach this. The largest Coca-Cola bottler in Africa, Coca-Cola Beverages Africa's Kenyan affiliate plans to invest $2 million to upgrade the wastewater treatment facility close to its Equator Bottlers facility in Kisumu, western Kenya. The goal is to increase both the quantity and quality of water used at the factory to make soft.... Read more »

Posted on : Monday , 12th September 2022

L&T Construction has been Awarded a Contract for Urban Drinking Water in Tanzania.

New drinking water facilities will be constructed in a number of Tanzanian cities by Larsen & Toubro (L&T) Construction. On April 19, 2022, the Tanzanian government and the Indian multinational announced an engineering, procurement, and construction (EPC) agreement. Due to new facilities, the availability of drinking water is anticipated to increase in Tanzanian cities. The Tanzanian state granted Larsen & Toubro (L&T).... Read more »

Posted on : Monday , 12th September 2022

By 2033, a Green Infrastructure initiative will transform Tangier into a Sustainable Metropolis.

The Moroccan authorities is launching the "Cité Mohammed VI Tanger Tech" mission to make the port town of Tangier a vacation spot for the green financial system and sustainable tourism through 2033. The initiative, so that you can additionally contain era, could be carried out with the help of several economic partners. By 2033, Tangier might be a sustainable city. The Moroccan government recently signed a framework agreement for the.... Read more »

Posted on : Monday , 12th September 2022

By September, Kenya Power will establish electric vehicle charging stations

As the transition to clean transportation gains traction, Kenya Power will begin building electric charging stations for households, businesses, and the general public nationwide as of next month. In order to pilot the charging stations, the State-owned power utility is looking for a company to create an e-mobility network infrastructure system (ENIS) in Nairobi and Nakuru.Due to the requirement for electrical supplies for motorists, Kenya, like.... Read more »

Posted on : Thursday , 1st September 2022

The Chinese-built Ethiopia-Djibouti railway on Thursday started vehicle shipment from ports in Djibouti to Addis Ababa, the Ethiopian capital.

The first vehicle shipment arrived at the Indode Freight Station on the outskirts of Addis Ababa.A special ceremony was held at the station to mark the arrival of the first shipment.Abdi Zenebe, the chief executive officer (CEO) of Ethiopia-Djibouti Railway Share Company (EDR), lauded the move, emphasizing that it will help realize the major aspirations of the railway in terms of facilitating Ethiopia's transportation system. Noting the.... Read more »

Posted on : Tuesday , 6th September 2022

Entering the Dire Dawa Industrial Park in Ethiopia is Gulf Ingot FZC

A agreement was struck for the production of packaging materials for soft drinks and water between Gulf Ingot FZC, a company with its headquarters in the United Arab Emirates and Industrial Parks Development Corporation (IPDC) of Ethiopia. Local manufacturing firms can enter industrial parks and begin production thanks to the preparations undertaken by IPDC. Shiferaw Solomon, the Industrial Parks Development Corporation's deputy chief.... Read more »

Posted on : Friday , 26th August 2022

Kenya gives Bangladesh a significant amount of agricultural land.

In light of Bangladesh's considerable success and good experience in the industry, Kenya has invited Bangladesh to utilise the huge farmland of the African nation for food production. It also expressed interest in fostering business partnerships, capital investments, and training and knowledge transfers in the fields of agriculture, information technology, women's empowerment, and UN peacekeeping. Following the first-ever Foreign.... Read more »

Posted on : Friday , 26th August 2022

Aviareps Announces Opening of Two New Offices in Tanzania and Kenya

Aviareps, leading international representation, marketing and communications company for aviation, tourism, hospitality, and food & beverage brands, will open two new offices in Dar es Salaam, Tanzania, and Nairobi, Kenya in October 2022. The new owned offices will create a permanent Aviareps presence in Tanzania and Kenya to provide specialized GSA representation services as well as marketing and public relations support, tailored to.... Read more »

Posted on : Thursday , 25th August 2022

Pakistan to Invest Sh2.3 Trillion in Tanzania

Dar es Salaam. Pakistan is planning to inject some $1 billion in Tanzania during the next 5 years as the Asian nation seeks to up its involvement in various sectors of the latter’s economy. The plan, which comes within 1 month after the launch of the Tanzania-Pakistan Business Council (TPBC), will benefit agriculture, water, mining, education, health, port, solar energy, climate change and solid waste management sectors, TPBC chairman.... Read more »

Posted on : Thursday , 25th August 2022

Officials from Ethiopia and Algeria discuss pharmaceutical investment

The two officials got together to talk about ways to improve their nations' sisterly relations' bilateral pharmaceutical collaboration. Minister Dr. Benbahmed received a briefing from Ambassador Nebiat, who also described the regulatory and distribution framework for pharmaceuticals in Ethiopia. Ethiopia offers a significant trade and investment potential for the pharmaceutical industry in Algeria. He continued by saying that, in accordance.... Read more »

Posted on : Thursday , 25th August 2022

Reforms to Tanzania's investment laws begin to bear fruit: TIC

In the upcoming years, six strategic investors will invest a combined $1.1 billion as the government ramps up its investment promotion campaign, supported by pro-business and economic diplomacy initiatives. This occurs at the same time as Tanzania Investment Centre (TIC) is proud to have increased the number of investment projects by 14.6% in the fiscal year 2021–2022. John Mnali, the interim executive director of TIC, told reporters.... Read more »

Posted on : Thursday , 25th August 2022