Market News Page No. 297| Africa Business News | Afrotrade

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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

Rwanda: Gasabo Pupils Receive Free Oral Healthcare Under Community Outreach Drive

Pupils of Munini Primary School, Nderi Sector in Gasabo District, last week received free dental care services, thanks to Rwanda Dental Association in partnership with KIPHRMA, Crown, SOS Children's Village and Dental Health without Borders. Under the theme, 'Healthy Smile is our concern', the community outreach project was organised to reach out to children in primary schools and create awareness about oral health. The.... Read more »

Posted on : Monday , 12th September 2016

The Stylist: Create African vibes for your home interior

Melbourne has gone tribal. This exotic and colourful look is all about reconnecting with nature through organic forms and rustic textures – and the hottest influence is African. Anna Weylandt, buyer for South Africa-based Weylandts furniture and interior design company, gives us her top tips for styling the look. RELAXED APPROACH African decor is not all tribal patterns and masks. The style is relaxed and.... Read more »

Posted on : Monday , 12th September 2016

South African entrepreneur succeeds with designer socks

Serial South African entrepreneur Nicholas Haralambous has hit it big with a line of colorful designer socks that are sold in 20 countries around the world. Haralambous, who counts his company Nic Harry as his ninth business venture, markets socks made from environmentally friendly bamboo fiber. Nic Socks are worn by celebrities including cricket player Herschelle Gibbs, rugby player Bob Skinstad, actor Maps Maponyane, and Mmusi.... Read more »

Posted on : Monday , 12th September 2016

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