Market News Page No. 85| Africa Business News

Ethiopia Has Earned $ 723 Million In Export Revenue

According to a report released by the Ministry, the amount of revenue earned during the reported period of time exceeds that of the same period last year by $ 95.1 million. The report stated that reform activities initiated in order to achieve the fiscal year plan and further to improve the outsourcing would further improve the export revenue by working in coordination with manufacturers, suppliers and exporters. Ethiopia’s Ministry.... Read more »

Posted on : Monday , 4th November 2019

A-MAP Launches Promotional Campaign In Ethiopia To Promote ASIMCO Auto Parts

A-MAP has promoted an extensive advertising and marketing campaign to promote ASIMCO automotive spare parts in the Ethiopian market. with the aim to further boost the reputation and scope of ASIMCO auto parts in Ethiopia, Al Muqarram Auto Parts (A-MAP) has launched advancing promotional campaign in Ethiopia. Ethiopia is one of Africa's fastest growing economies and has the continent's second largest population. Subsequently, multiple of.... Read more »

Posted on : Monday , 4th November 2019

Kenya Launch Vaccination To Prevent Cervical Cancer

To Protect Kenyan women against Cevical Cancer, President Uhuru Kenyatta has launched a vaccination campaign in Kenya. The vaccine against Human Papillomavirus (HPV) will be administered to girls aged 10 years across the country. The national launching of vaccine was accompanied by Mombasa Governor Ali Hassan Joho at Ziwani Primary in Mombasa. After launching vaccine it was also announced that the vaccine will be available in all.... Read more »

Posted on : Saturday , 2nd November 2019

Amarillo and Ethiopian Medical Professionals Working Together To Save New-born

Amarillo - The Neonatal Department, a non-profit organization taking an efforts to make a difference in new-borns in Ethiopia. To provide education to Ethiopian Physicians on how to sustain healthy new-born babies successfully, Amarillo provided their eight Medical Professionals in Ethiopia. According to Neonatal Nurse Practitioner Phillip Platt, education in Ethiopia isn’t the problem; the lack of resources to apply their learning.... Read more »

Posted on : Saturday , 2nd November 2019

Ethiopia - New Technique In Bid To Improve Food Security

Now no more struggles to feed itself for Africa. The government’s Agriculture Transformation Agency, headed by Khalid Bomba, aiming for widespread commercial farming and food security in 20 years. A former JPMorgan Chase & Co. analyst is using drones and satellites to boost Ethiopia’s agricultural exports and improve food security in a nation once synonymous with famine. Ethiopia’s two main exports are coffee and oilseeds,.... Read more »

Posted on : Saturday , 2nd November 2019

Twiga’s Mobile By Kenya Raises $30m For West Africa’s Growth

Twiga’s mobile platform connects retailers with farmers and food manufacturers. These makes food economical and more accessible to a region with a growing population and food crisis. This leads to increase $23.75m in equity from Goldman Sachs and existing VC investors the international Finance Corporation (IFC), TLcom Capital, Wamda Capital and Creadev, as well as $6m in debt from OPIC and Alpha Mundi, an announcement on Monday.... Read more »

Posted on : Friday , 1st November 2019

Ethiopia: We're open for business says mining minister

The mining sector in Ethiopia is on the brink of evolutionary growth and progress as the country’s first modern gold mine – KEFI Minerals’ Tulu Kapi moves into development in October.Ethiopian Mines and Petroleum minister HE. Dr SAMUEL URKATO says the country is looking to drive significant growth from its mining sector and believes it could ultimately contribute 10% towards the country’s GDP. He spoke to LAURA.... Read more »

Posted on : Thursday , 31st October 2019

Ethiopia And Kenya Set To Explore Bilateral Grain Trade Opportunities

A Kenyan delegation will convene in Addis Ababa, Ethiopia on 22nd to 25th October 2019 on a grain trade mission to explore business opportunities for grain trade and processing between Ethiopia and Kenya. It will help to bridge cross border trade gap and enhance food security. Efforts to increase intra-regional trade between Ethiopia and East African Community countries has seen grain trade between Ethiopia and Kenya grow.... Read more »

Posted on : Wednesday , 30th October 2019

HARTEC S.A.L Will Make Their Debut At 03rd Autoexpo Ethiopia 2020

HATCO is one of the most prominent wheel balancing weights and tire repair brand around the world. In fact, the brand is well known across the Americas, Europe, Australia, the Middle East, Africa and Asia. HARTEC S.A.L, a company established in Lebanon on July 2018 under Commercial Registration number 2053676, acquired HATCO and its rich tradition engulfed with 35 years of experience in wheel balancing weights and tire repair with the aim.... Read more »

Posted on : Tuesday , 5th November 2019

Konar Energy is Ready to Explore Ethiopia Market At Power & Energy Ethiopia 2020

Konar Energy is all set to venture into the Ethiopian market by stepping into the third edition of POWER & ENERGY Africa in Ethiopia, taking place at the Millennium Hall, Addis Ababa, from 24 - 26 February, 2020Konar Energy , established in 2013 with the slogan Temiz Clean energy for future generations' ; is a 100% subsidiary of KONTEK OTOMASYON which has expertise in automation, energy and industrial structures and has 25 years of.... Read more »

Posted on : Friday , 10th January 2020

Kenya - A Trading Hub Of East Africa

While most traditional trade indices are based on a market’s present performance, the Trade20 index captures changes over time to reveal the markets that have seen the most improvement within the last decade. Home to some of the world’s fastest-growing economies, Africa has the potential to become a much bigger player in global trade, says Standard Chartered’s Regional Co-Head Saif Malik. Côte d’Ivoire came first out of.... Read more »

Posted on : Tuesday , 29th October 2019

KENGEN SIGNED KSHS 5.8 BN DEAL TO SUPPORT ETHIOPIAN GEOTHERMAL ENERGY PROJECTS

Kenya energy generator, KenGen has signed a Kshs 5.8 Bn deal to drill 12 geothermal wells in Ethiopia and boost the countries energy needs. In contract with Ethiopian independent power producer Tulu Moye Geothermal Operations (TMGO) PLC, KenGen will also grant water supply system and equipment.After KenGen, won a contract to drill geothermal wells for the Ethiopian Electric Power (EEP) in Aluto, Ethiopia this is the second project for in.... Read more »

Posted on : Monday , 18th November 2019