Market News Page No. 163| Africa Business News

Strandline Resources look to complete mine in 12 months time

Strandline Resources have conducted a definitive feasibility study (DFS) for the Fungoni heavy mineral sands project in Tanzania and have concluded with results of a strong financial performance. The study has shown that the company will need to invest $30m in developing projects, while investments are also lacking in working capital, mine infrastructure, land access, port facilities and also in pre-production mining. The DFS.... Read more »

Posted on : Wednesday , 11th October 2017

Rwanda - Brewery Factory Being Set-Up in Kamonyi District

Paul Mubiligi, the Board Chairman of Southern Province Investment Corporation (SPIC) has announced that a factory is in the process of being set-up in the Kamonyi District. The purpose of the factory will be to brew sorghum beer, a nonalcoholic drink, known locally as ‘Ikigage’. A non-alcoholic drink called ‘Ubushera’ will also be a part of the factory’s agenda. Mr. Mubiligi said that construction.... Read more »

Posted on : Wednesday , 11th October 2017

Bugamdo Medical Receive Viamo Ultrasound from Toshiba Medical

Toshiba Medical has donated a Viamo Portable Ultrasound System to the Bugando Medical Centre to help with surgeries at the clinic. The Bugando Medical Centre treats an estimated 13 million people. Surgeries are conducted on children with anorectic malformations and Viamo will be used to image their spinal cords and urinary tracts. The hospital’s staff also attended training sessions to perform exams on patients with facing.... Read more »

Posted on : Tuesday , 10th October 2017

Transport Sector Critical to EDPRS 2 Strategy

The Transportation Sector is set to play a pivotal role under the Economic Development Poverty Reduction Strategy 2, in achieving the goal of increasing international as well as domestic interconnections, boosting the national economy in the process. The Rwandan Government identifies the transport sector as a key area to foster the growth and development of the nation. Quality and reliability will be critical to minimizing.... Read more »

Posted on : Tuesday , 10th October 2017

Training Work-Shop on Anesthetics to Be Held in Tanzania

East African Anesthesia experts will be representing their respective countries at a 4-day training workshop on the subject of Managing Emergencies in Pediatric Anesthesia (MEPA). On this occasion, MOI will be hosting the event for the very first time The training is expected to enhance the skills of Tanzania’s anesthesia experts and their ability to treat a variety of conditions faced by children. This.... Read more »

Posted on : Monday , 9th October 2017

Tanzania-Burundi Aim To Boost Trade Volume

Tanzania and Burundi are both working towards raising the scale of trade done between the two countries. The subject was discussed at a business forum as this past September. Jean Boaco Ntunzwenimana, Minister of Transport, Public Works and Equipment said that Burundi is already reaping benefits from an improving working relationship between the nations. He spoke about how 10 years ago, Burundi was not allowed to access the Dar es.... Read more »

Posted on : Monday , 9th October 2017

Yapi Merkezi Nab High Speed Rail Project in Tanzania

Turkish Firm Yapi Merkezi Insaat VE Sanayi is the project contractor for a high-speed electric railway line and will undertake all designing and construction activities. The Turkish company is a renowned, privately owned firm of great repute in rail engineering, manufacture, design, and construction. RAHCO confirmed that Yapi Merkezi was picked to head the project after meeting all technical and financial requirements, standing out.... Read more »

Posted on : Monday , 9th October 2017

New Assembly Building Planned for Kajiado County

Kajiado County is in the process of building a three-storey state of the art assembly, fully equipped with modern facilities like underground parking with room to accommodate as many as 700 cars. The facility is expected to cost Sh 543 million. The building will promote a sense of community in the area and will provide a platform for support assembly activities, according to speaker Johnson Osoi. Mr. Osoi elaborated.... Read more »

Posted on : Monday , 9th October 2017

Kenya-Solar Products in High Demand

There has been an increased demand for solar water heating systems after the announcement of the November 30th deadline for the installations of these systems, according to sources from within the industry. The announcement was in accordance with the Energy Regulations of 2012, where all industrial, commercial and large residential building in urban centers’ are mandated to install these water systems. The.... Read more »

Posted on : Friday , 6th October 2017

Kenya Taking Steps to Increase Medical Imports

The government has plans to open up 10 more entry ports for the imported medicine and medical products. The new ports will include Moyale, Kisumu International Airport, and Mandera according to a source from Pharmacy and Poison Board. The other new points will include Taveta, Nadapal, Lokichogio, Liboi, Wilson Airport, the Moi International Airport, Mombasa, and the General Post Office, Mombasa. Medical products.... Read more »

Posted on : Friday , 6th October 2017

Dubai Look To Attract More Medical Tourists

Dubai is looking to attract more medicals tourists from China, Russia, Kenya, and Tanzania. A dedicated team has been put in place consisting of members of the Dubai Health Authority and Dubai Medical Tourism Council alongside doctors from the Canadian Specialist Hospital to discuss strategies to make patients more open to visiting Dubai to meet their medical needs. The Canadian Specialist Hospital in Dubai is equipped.... Read more »

Posted on : Friday , 6th October 2017

Rwanda to Have Complete Access to Power Within 7 Years

Rwanda Energy Group has intertwined its energy rollout plan to fit that of the Rwandan government. Nationwide energy supply is to be its primary objective over the next seven years. The REG also stated that there are no plans in place for the additional supply of power to the grid prior to 2018. This new strategy has come in a time of uncertainty over the viability of the 583MW plant by 2018. The generation.... Read more »

Posted on : Friday , 6th October 2017