Market News Page No. 315| Africa Business News | Afrotrade

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How Ethiopian famine influenced Japanese businessman to campaign for modern farming in Africa

How Ethiopian famine influenced Japanese businessman to campaign for modern farming in Africa he meeting was a symposium on agriculture and Japanese Prime Minister Shinzo Abe who was in Nairobi for the Tokyo International Conference on African Development (Ticad) was to give an address. Titled, Contributing to Social Security and Jobs through Agriculture, it drew economists, donors, development bankers and government.... Read more »

Posted on : Thursday , 1st September 2016

Tanzania mulls setting up oil trading hub to serve East and Central Africa

The government of Tanzania is exploring the possibility of setting up an oil trading hub in Tanga, the north sea port city with a view to supplying fuel to East and Central Africa. “The most ideal place in East African region is Tanga. We have big opportunity for oil trading,” said the Minister for Industry, Trade and Investments, Mr Charles Mwijage. The government, the minister said, had already started working on the.... Read more »

Posted on : Thursday , 1st September 2016

Megha Engineering completes 4 major projects worth Rs. 3100 cr

Megha Engineering & Infrastructures Ltd., has completed four major projects during the first quarter of this year with a total outlay of Rs. 3100 crore, including an infra project in Tanzania and the major lift irrigation project of Pattiseema that links Godavari and Krishna rivers and a project under Mission Bhageeratha. Of the four projects, two were inaugurated by Prime Minister Narendra Modi and the third one he visited in.... Read more »

Posted on : Thursday , 1st September 2016

Mobile printing with the PrintbyXerox App

Mobile technology has significantly changed both where and how business gets done. Today, employees can work from virtually anywhere and at any time or place. However, no matter how mobile workforces may have become, people still need to print. Xerox's PrintbyXerox App, a cloud-based mobile print solution, enables mobile workers to raise their productivity levels, regardless of where their business takes them – whether they're.... Read more »

Posted on : Wednesday , 31st August 2016

BBOXX raises $20m funding to boost African off-grid solar presence

BBOXX Ltd, a London-based provider of off-grid solar systems active in many parts of Africa, has secured $20 million in Series C funding from a consortium of international backers and investors.Founded in 2010, BBOXX has been active in many parts of sub-Saharan Africa, bringing its distributed solar energy platform to large swathes of off-grid areas in Kenya and Rwanda. Having enjoyed success in these countries, the company intends to use.... Read more »

Posted on : Wednesday , 31st August 2016

Africa�s Only Solar Panel Manufacturer Shines Brightly

When South Africa was emerging from apartheid in 1993, Professor Vivian Alberts and his students were busy developing traditional silicon photovoltaic solar systems in his lab at the University of Johannesburg. Expensive silicon is the classic way that the sun’s energy has been harvested for electrical power since 1954, but today Alberts is trying something different, helping create the continent’s energy future using a.... Read more »

Posted on : Wednesday , 31st August 2016

Akon Confirms Lighting Africa Initiative is Backed by $1B Credit Line from Chinese

Interview with Vlad TV, musician Akon discussed how his latest venture will help millions in Africa. Akon’s Lighting Africa Initiative hopes to bring electricity to 600 million people across the African continent. However, he reveals that he could not do it alone. The producer and R&B singer says he sought the aid of Chinese investors to get his project off the ground. “So I went to.... Read more »

Posted on : Wednesday , 31st August 2016

Easy bathroom budget renovations that add value

GIVING a fresh new look to an outdated bathroom can modernise and add value to a home without costing much. Sometimes all a bathroom needs is modern fixtures, a tile and grout scrub and a fresh coat of paint to transform it into a new space. This is according to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who says renovations and contemporary remodelling of bathrooms are known to boost the marketability of a.... Read more »

Posted on : Wednesday , 31st August 2016

Kenya: Govt to Release Additional Sh20b for Lapsset, Says Ruto

The government will release Sh20 billion for the ongoing construction of Lamu Port South Sudan Ethiopia Transport (Lapsset) corridor project at Kililana in Lamu West. The money would be in addition to Sh15 billion already spent in funding the project, Deputy President William Ruto has said. Speaking at Mokowe, Faza, Witu and Mpeketoni during his last leg of a two-day tour of Lamu County, Mr Ruto assured residents that the.... Read more »

Posted on : Wednesday , 31st August 2016

County buys medical kit to boost healthcare

The equipment includes 50 digital blood pressure machines, nine stethoscopes, 25 manual blood pressure machines, three nebulisers, 16 gun thermometers and 50 digital thermometers. Also 34 beds, 25 mattresses, 10 suction machines, 10 trolleys, 10 couches and 10 screens. The equipment will be distributed to level 4, 3 and 2 hospitals and health centres in Mbeere North and South, Manyatta and Runyenjes sub-counties. Health Executive Pauline.... Read more »

Posted on : Wednesday , 31st August 2016

Doc off to Tanzania to help locals desperate for care

A local pediatrician is part of a team going to Tanzania in November to provide medical care to people in remote locations. Since 2010, Dr. Charlotte Foulston has made the trip every year, except 2013, to either Kenya or Tanzania. Each trip lasts about two or three weeks. “The goal of the trips is to provide some medical care to typically low-serviced areas,” said Foulston. There are generally medical.... Read more »

Posted on : Wednesday , 31st August 2016

SA still best bet for car makers

FOREIGN motor companies planning to build vehicles in sub-Saharan Africa would be taking huge risks looking beyond SA, according to Jimmy Dando, regional head of sales and operations for Japanese manufacturer Nissan. Most companies that had set up operations in other countries on the continent had been forced to either cut back drastically on planned production or mothball assembly plants, Dando said. SA, despite a fall in.... Read more »

Posted on : Wednesday , 31st August 2016

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