Market News Page No. 282| Africa Business News | Afrotrade

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Volkswagen Will Start Making Cars in Kenya Again After 40 Years

Volkswagen will resume producing cars in Kenya by the end of the year as it looks to sell more vehicles across the East African region. After a four decade pause in production by the German carmaker in Kenya, VW will establish an assembly plant to initially produce its Vivo model, President Uhuru Kenyatta and Thomas Schafer, Volkswagen South Africa’s chief executive, said. Emerging market production is familiar.... Read more »

Posted on : Tuesday , 13th September 2016

SolarCity Engineers Install 200 Solar Panels & 7 Tesla Powerwalls In Congo�s Virunga National Park

Virunga National Park is located in the Democratic Republic of Congo (DRC) near borders with Uganda and Rwanda. It was established as the first national park in Africa in 1925. Now a UNESCO world site, it is the most biologically diverse protected area on the continent and is home to the world’s last remaining mountain gorillas. The park was a top tourist destination until the Congo Civil War destroyed much of its flora and.... Read more »

Posted on : Tuesday , 13th September 2016

Technology best bet in bridging East Africa�s literacy gap

Technology is one of the country’s key drivers in realising Vision 2030, and in line with this, the Government has underscored universal access to ICT as a major objective. Access to technology is expected to contribute to the country’s growth by reducing the costs of business, increasing efficiency, and improving educational standards and accountability from Government officials. But inadequate access to the.... Read more »

Posted on : Tuesday , 13th September 2016

Ethiopia: Ankober-Dulecha Road Construction Launched

The Ethiopian Road Authority said the construction of a- 40 kilo meter concrete asphalt road which links Amhara with Afar state has begun at a cost of 858.7 million Birr. Authority Communication Director Samson Wondemu said local firm Sunshine Construction PLC would undertake the construction. Explaining the economic significance of the road Samson said the new corridor would trim down the loop from Djibuti to Debre.... Read more »

Posted on : Tuesday , 13th September 2016

Kenya and India to Deepen Ties, Bolster Security

The Kenyan government will continue benefiting from India's security expertise as part of an agreement signed in mid this year. India's ambassador to Kenya, Suchitra Durai, said Prime Minister Narendra Modi's visit in July saw a renewed interest in strengthening defence relations between the two nations, through the signing of a memorandum of understanding on defence cooperation. "Defence cooperation between India.... Read more »

Posted on : Tuesday , 13th September 2016

Ethiopia: Boosting Energy to Combat Development Challenges

A large number of people in developing countries are still poor, undernourished, and with no adequate health-care facility. They don't have access to clean water, and are facing challenges such as in alleviating climate change and in enhancing their development processes. Both the environmental and development challenges are coming together to hurt the poor of developing countries as well as the world at large. Thus, developing.... Read more »

Posted on : Tuesday , 13th September 2016

Tanzania: Domestic Producers to Compete for Best Local Products Award

Goods are competing to win top 50 awards under seven categories for the best local products in a Proudly Tanzanian Campaign. The Top 50 made in Tanzania Awards, according to organisers, Tanzania Private Sector Foundation (TPSF) and Tanzania Bureau of Standards (TBS), are pitting over 150 products locally manufactured. To fairly pitting the products, the organiser has divided the firms into two layers--Premier, for large.... Read more »

Posted on : Tuesday , 13th September 2016

Insects for food security

The department of food science and nutrition at Jomo Kenyatta University of Agriculture and Technology is working to finalize research aimed at scaling farming in Kenya to foster food and nutrition security through insects. This comes after a successful research on cricket farming which is rich in protein, vitamin b and iron. The university revealed that the department of food science has also embarked on researching other insects like.... Read more »

Posted on : Tuesday , 13th September 2016

Murang�a farmers reap big from milk production model

Murang’a County is reaping big from betting on backing a cooperative society to drive milk production for 43,000 dairy farmers as output shoots to the roof. The rise in output has lined the pockets of the county’s farmers and milk transporters attached to Murang’a County Creameries (MCC) with Sh127 million after producers registered high production over the past two years. The county government-backed.... Read more »

Posted on : Tuesday , 13th September 2016

Portuguese construction firm to build new international airport in Rwanda

African branch of Mota-Engil, Portugal’s building company, concluded a contract with the authorities of Rwanda for the construction of Bugesera International Airport in this African country, Reuters reports on Monday. The project is estimated at $818 million. This move is aimed at increasing Rwanda’s attractiveness as a tourist destination, as well as a place hosting events. The first phase of the airport will.... Read more »

Posted on : Monday , 12th September 2016

East Africa: Nation Seeks Power Generation Partnership

The Ministry of Foreign Affairs said that Ethiopia aspires to partnering with international companies like Globeleq in generating and supplying power. Holding talks with the Globeleq Company East Africa Regional Director Christian Wright yesterday, Minister Dr. Tedros Adhanom said that Ethiopia is working to generate more electric power and supply to countries in the region. He said that deal with notable companies would.... Read more »

Posted on : Monday , 12th September 2016

Ethiopia: Large Scale Tree Plantation Ensuring Climate Resilient Economy

The increase in global warming, soil erosion and depletion of soil fertility, air and water pollution, soaring temper atures and weather patterns as well as the ozone depletion are among the major issues of concern in this modern age. Forests play an important role in curbing climate change and its effects. The destruction and degradation of forests contribute to the problem through the release of CO2. But the planting of new forests can.... Read more »

Posted on : Monday , 12th September 2016

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