Market News Page No. 59| Africa Business News

UK to develop 10,000 green affordable houses in Kenya

The United Kingdom (UK) is set to develop 10,000 green affordable houses in Kenya. This follows a US $48M commitment made by the UK Climate Investments (UKCI) and FSD Africa Investments (FSDAi) towards a Kenyan green affordable housing venture.Managing Director of UKCI, Richard Abel said the investment is an inspiring opportunity to simulate how sustainable building structures can help cope with the effects of climate change.. He further.... Read more »

Posted on : Wednesday , 4th August 2021

Kenya, UK To Use Blockchain Tech To Free Up Trade Logistics

An initiative to free up 2 way trade between the Kenya and UK was launched in London on 19th July 2021. This was through the signing of a Memorandum of Understanding (MoU) between the Institute of Export and International Trade and TradeMark East Africa at the Kenya High Commission in London. The Memorandum of Understanding provides a framework for collaboration to implement a digital trade corridor between the Kenya and UK. The.... Read more »

Posted on : Friday , 30th July 2021

Tanzania: Govt Banks On Manufacturing Sector, Trade to Boost Economy

THE government of Tanzania is improving the manufacturing sector and trade to boost the economy and make the country develop. German International Development Cooperation (GIZ) has supported a desk study to identify what the manufacturing sector needs to grow and uplift the livelihoods of Tanzanians. GIZ funds this initiative through the Confederation of Tanzania Industries (CTI) Commission. A paper was presented early this month,.... Read more »

Posted on : Friday , 30th July 2021

Tanzania Agricultural Ministry to Partner With TOAM towards Organic Farming

Tanzania Organic Agriculture Movement (TOAM) is planning to hold their second National Ecological Organic Agriculture Conference in October this year, in partnership with the government through the Ministry of Agriculture. The conference, which will be held in Dodoma and will attract over 300 people from Tanzania and beyond, will, among other things, enhance public awareness about the relevance of organic farming in further endeavours to.... Read more »

Posted on : Friday , 30th July 2021

The UK-Kenya Free Trade Agreement has been welcomed by the Agriculture Sector Network.

The Agriculture Sector Network, ASNET, a Kenyan umbrella organisation for the agriculture sector, has praised the newly ratified Economic Partnership Agreement between Kenya and the United Kingdom, saying it will help enhance economic development and job creation. Kenyan major agricultural exports to the UK, like as vegetables, fruits, flowers, coffee, and tea, now have tariff-free market access. Kenyan vegetable exports account for.... Read more »

Posted on : Friday , 30th July 2021

UK to invest Sh20bn in Kenya's Big Four Projects

The government and corporate sectors in the United Kingdom have announced a new investment of Sh20 billion in the Big Four Projects, which include affordable housing and manufacturing. President Uhuru Kenyatta is in London for a three-day visit that will culminate with him co-chairing the Global Education Summit with Prime Minister Boris Johnson. UK Foreign Secretary Dominic Raab said at Mansion House in London that Sh5.2 billion in UK.... Read more »

Posted on : Thursday , 29th July 2021

Afreximbank Partners with Portugal's ANJE to Promote the African Textile Industry

A three-year collaboration between the African Export-Import Bank (Afreximbank) and Portugal's National Association of Young Entrepreneurs (ANJE) has been launched to assist and promote Africa's fashion apparel and textile manufacturing business in Portugal and across Europe. This collaboration is part of Afreximbank's Creative Africa Nexus (CANEX) initiative. CANEX seeks to enable investments in Africa's creative and cultural economy.... Read more »

Posted on : Thursday , 29th July 2021

Kenya Signed Telemedicine Agreement With Italian Hospital

During the pandemic time, Kenya's competence in telemedicine in Africa is gaining traction, with more relationships with global firms being seen. The latest in a nation regarded as the continent's most promising e-health industry is an agreement inked by the Kenyan government with Italy's largest private hospital company Gruppo San Donato (GSD) and Italian medical university Vita-Salute San Raffaele University. The cooperation aims to.... Read more »

Posted on : Thursday , 29th July 2021

Nigerian Health tech company Field Intelligence expands in Kenya

Field Intelligence, a Nigerian-based health tech firm that is digitising the supply chain and altering access to vital, life-saving drugs, has expanded its revolutionary pharmaceutical platform-Shelf Life- to Eldoret, Mombasa, Kisumu, and Naivasha in Kenya. This addition complements Field Intelligence's current 700+ pharmacy membership, which has delivered medicines to over 1.4 million patients. Pharmacies utilise the Shelf Life.... Read more »

Posted on : Thursday , 29th July 2021

Tanzania: unwaste.io introduces ‘Wastebase' to collect statistics on plastic.

Through data cataloguing, a new software aims to improve the collecting of single-use plastic in East Africa. The programme, dubbed 'Wastebase,' was released by the business . Thanks to Wastebase, single-use plastic management in Tanzania, and few other coutries will now be data-driven. Unwaste.io, a startup created in 2020 by software programmers Cameron Smith (located in Maputo, Mozambique) and Martin Pllu, has just launched the app.... Read more »

Posted on : Wednesday , 28th July 2021

Coca-Cola Kenya announced a new step in its "The World Without Waste" plan

Nairobi — Coca-Cola Kenya has launched a new appearance for Sprite, the country's most popular soft drink. (polyethylene terephthalate) plastic container, marking a historic departure from the green-colored plastic bottle that has served as the brand's identity since its inception in 1960. This change means that more Sprite bottles can be collected, recycled, and reused to create new items, in line with Coca-World Cola's Without.... Read more »

Posted on : Wednesday , 28th July 2021

Rwanda Mining reforms and investments scaled up despite the pandemic

The year 2020 was on numerous fronts a trying period. Nonetheless, Rwanda’s economic sectors sustained to function against all odds.The mining sector is one area that has observed a series of activities, even though the impact of Covid-19 pandemic has had on the sector.It is true that the pandemic has paralyzed trades across the world, including the mining industry, whose products are sold to the global markets.Between January and February.... Read more »

Posted on : Monday , 26th July 2021