Market News Page No. 340| Africa Business News | Afrotrade

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Tanzania: Fish, Fruits Cause Rise in Local Import Export Price Index

The increase in prices of fish and crustacean, edible fruits and tobacco contributed significantly to the rise of the overall export price index by 4 per cent to 125.3 in the quarter ended December last year. The sub-index for 'Fish and crustacean, mollusk and other aquatic invertebrate' which account for 9.5 per cent of the total weight increased to 122.4 in the quarter under review representing an increase of 1.2 per cent compared to.... Read more »

Posted on : Saturday , 2nd April 2016

Tanzania: Govt To Hire 10,000 Health Workers in 2016

THE government plans to hire about 10,000 health workers before the end of this financial year, to team up with the current workforce in order to strengthen health service delivery in the country, it was announced. The Deputy Minister for Health, Community Development, Gender, Elderly and Children, Dr Hamisi Kigwangala, said this in Dar es Salaam during a ceremony to open the new Aga Khan University (AKU) Nursing and Midwifery training.... Read more »

Posted on : Saturday , 2nd April 2016

Tanzania District Sets Aside SH 200 Million For Hospital

Kyerwa district has set aside over 200m/- in its budget for construction of a district hospital, the Member of Parliament (MP) for Kyerwa, Mr Innocent Sebba Bilikwate has said. Mr Bilikwate told the 'Daily News' in an interview that for quite a long time people depended on Isingiro District Designated Hospital (DDH), which is owned by the Catholic Church. "About 200m/- has been set aside in the 2015/2016 financial year.... Read more »

Posted on : Saturday , 2nd April 2016

Airtel Commissions U.S.$10 Million Data Center in Sierra Leone

In a bid provide quality communication to their consumers, Airtel Sierra Leone yesterday commissioned a US$10m data centre in Freetown. Speaking during the auspicious ceremony at Spur Road, Managing Director of Airtel Sierra Leone, Dapo Olasope, said the company had commenced the huge project in June 2014, aimed at modernising and expanding their network infrastructure to standards akin to technologically advanced counties in the.... Read more »

Posted on : Saturday , 2nd April 2016

Nigeria: State Governor Promises Completion of U.S.$1.7 Billion Seaport by 2019

Lagos State Governor Akinwunmi Ambode has pledged to complete the $1.7 billion Lekki Seaport in 2019, saying upon completion, it would be the deepest seaport in sub-Saharan Africa. The governor, who reeled out the numerous investment opportunities that abound in the state to prospective investors in critical sectors such as power, agriculture, transportation, health, tourism, housing, ICT and manufacturing, gave assurance that the state.... Read more »

Posted on : Saturday , 2nd April 2016

Zimbabwe: UNDP Provides Primary School with Solar Power

The United Nations Development Programme (UNDP) has installed a 1,68-kilowatt solar-generated electricity worth $42 180 at Nyatsato Primary School in Rushinga as part of efforts to adapt and mitigate climate change, UNDP country director Ms Verity Nyagah has said. In a presentation made on the commemorations of the UNDP's 50th anniversary, Ms Nyagah said the solar-generated electricity had brought benefits to the students, teachers and.... Read more »

Posted on : Friday , 1st April 2016

Kenya: County to Get Sh12 Billion Solar Project

The Rural Electrification Authority has approved a Sh12.8 billion, 55-megawatt solar power plant in Garissa County. Established through a concessional funding from the Chinese Government, the project is expected to start this July and take a year to be completed. The project, which could be the largest solar power station in Africa once completed, will power close to 625,000 homes. The plant will be situated 20km from.... Read more »

Posted on : Friday , 1st April 2016

Nigeria: Governor Flags Off Construction of N5.7 Billion Flyover

Ado-Ekiti — Governor Ayodele Fayose Ekiti State yesterday flagged off the construction of a N5.7 billion flyover in Ado Ekiti, the state capital with a promise that all projects awarded by his government would be completed before the expiration of his tenure. Speaking while kick-starting the1.2-kilometre project, the governor said the facility would be delivered within 24 months. Fayose, who described the project as the.... Read more »

Posted on : Friday , 1st April 2016

Nigeria: State Govt Awards 700 Contracts for Construction of School

Makurdi — The Benue State Government has concluded plans to award 700 contracts for the provision of structures and facilities in primary schools. The Executive Chairman of the State Universal Basic Education Board (SUBEB), Dr. Philip Tachin, who announced this, said the contract would be given out on merit, adding that under his watch, the board would insist on project delivery. He explained that Governor Samuel Ortom has already approved.... Read more »

Posted on : Friday , 1st April 2016

Zimbabwe: U.S.$100 Million Mining Loan To Be Finalized by Govt

GOVERNMENT is working with China to finalise the guarantee needed for the $100 million loan meant for the small scale gold sector, Deputy Minister of Mines and Mining Development Fred Moyo has said. "It has been very slow," said Mr Moyo. "Government is guaranteeing so many transactions as such it has been difficult to come up with another option as we are not easily bankable." China has however agreed to release.... Read more »

Posted on : Thursday , 31st March 2016

Tanzania: ACT Looking for More Investments in Agriculture Sector

Agricultural Council of Tanzania (ACT) has advised the government to tout more investors in the agricultural sector in order to bring social and economic developments for the nation. The ACT Chairman, Dr Sinare Yusuf Sinare said 70 per cent of the population in Tanzania engages in agricultural activities in one way or another, thus massive investment in the sector was vital. He said if the government would meet with.... Read more »

Posted on : Thursday , 31st March 2016

Tanzania: Expansion of Airport on President's Agenda

Mwanza — PRESIDENT John Magufuli has revived new hopes for the Lake Zone regions as he pledged the purchase of a new passenger ship and expansion of the Mwanza Airport. The two projects have been long awaited for years to become a reality with the Head of State saying special budgets will be allocated this financial year for their full implementation. Addressing a section of city residents and government leaders who turned up to.... Read more »

Posted on : Thursday , 31st March 2016

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