Market News Page No. 427| Africa Business News | Afrotrade

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Sasol is Set to Explore Oil Wells in Mozambique

Sasol's efforts to take advantage of Mozambique's significant oil and gas resources have paid off as the company is set to explore wells after two of its three applications in Mozambique's fifth Licensing Round were successful. Sasol (70%, operator) and Empresa Nacional de Hidrocarbonetos (ENH) the state oil company, (30% carried interest) were awarded the onshore Area PT5-C, which is 3 012 square kilometres, adjacent to the Pande and.... Read more »

Posted on : Monday , 2nd November 2015

Ethiopia: Utilizing Agricultural Inputs for Bumping Up Productivity

Much has been said about the primordial stage of the nation's agriculture. It is a rain -fed one and vulnerable to an extreme weather condition. The farming system too has been an archaic one leaning on a small-scale. As compared to the trend in other developing countries, the utilization of agricultural inputs is not that heartening. The prevalent global warming and climate change challenges further aggravate the situation. The sector is a.... Read more »

Posted on : Monday , 2nd November 2015

Ugandan farmers to benefit in $4m euro project

The Technical Centre for Agriculture and Rural Cooperation (CTA) have launched a 4.5 euro multi-year project in Uganda to benefit more than 350,000 smallholder farmers using satellite data to improve production and marketing of three value chains-maize, soya beans and simsim. This is in collaboration with six other partners with support from the Dutch ministry of foreign affairs and will run from September 2015 to August 2018. While.... Read more »

Posted on : Monday , 2nd November 2015

East Africa: Investment and Migration Center-Stage

Ethiopia is now ready to host a large number of investors from Germany and Europe. Bilateral relations with emphasis on investment, creating jobs and migration issues in relation to the upcoming Valletta Summit took center-stage when FDRE President Dr. Mulatu Teshome hosted former German President Horst Köhler at the National Palace on Wednesday. Dr. Mulatu told Köhler that Ethiopia is making structural shift.... Read more »

Posted on : Monday , 2nd November 2015

India to Help Boost Kenya Healthcare

Indian companies will help set up specialist hospitals in Kenya to help save on costs incurred by Kenyans travelling abroad for treatment. President Kenyatta and Indian Prime Minister Narendra Modi agreed to work together in the transfer of skills to strengthen Kenya's capacity to provide specialised health services, to lower the burden of seeking treatment abroad. The two leaders spoke when they held bilateral talks.... Read more »

Posted on : Monday , 2nd November 2015

Kenya Improves in World Bank's Investment Destination List

Kenya's ranking as an investment destination has improved, largely due to the introduction of Huduma Centres and a campaign to increase electricity connections. Huduma Centres are one-stop shops where a wide array of government services are offered. The World Bank's Ease of Doing Business Index 2016 released Wednesday ranked Kenya as the third most improved nation in business regulatory reforms among 189.... Read more »

Posted on : Monday , 2nd November 2015

Gas discovery in Africa to boost energy export

A recent Gas discovery in Egypt is likely to put the country back to its former position where it used to export energy. This follows the discovery of huge Zohr natural gas field at the coastline of the country. Discovered by oil exploration company Eni, The move will see the country back into exporting liquefied natural gas (LNG), making the bright spot of demand it has created in an oversupplied global gas market.... Read more »

Posted on : Monday , 2nd November 2015

Aggregates China, a Professional Aggregates Business Exhibition

If you want to bring your latest products, equipment and machinery to the China market or find good suppliers, Aggregates China 2016 is absolutly the best business platform. Aggregates China is a premier and most trusted aggregates machines and equipment trade show. Sand Stone2015 (the former name of Aggregates China) was successfully closed in China Import and Export Fair Complex from May 9 to May 11. Sand Stone2015 attracted many famous.... Read more »

Posted on : Saturday , 31st October 2015

East Africa Improves in Investment Destination Ranking

Uganda's move to allow online registration of businesses, make faster electricity connections and expand access to credit information, have improved the country as an investment destination. This is according to the World Bank Doing Business Report 2016, released on Wednesday. Uganda jumped 13 places from 132 to 122 out of 189 economies surveyed in the last 12 months. In the sub-Saharan Africa (SAA) region, the report.... Read more »

Posted on : Saturday , 31st October 2015

East Africa to See Potential Chinese Pharma Investment

A delegation of 10 Chinese companies has visited Ethiopia to determine feasibility of investment A delegation of 10 major Chinese pharmaceutical and medical supplies companies visited Ethiopia from October 20 to 21 as part of a UN facilitated initiative which may see them partnering with local companies to manufacture drugs, including those for the treatment of cancer. The initiative is also intended to transfer knowledge and.... Read more »

Posted on : Saturday , 31st October 2015

Serenus Biotherapeutics Opens East African Regional Office in Nairobi, Kenya

Serenus Biotherapeutics, which is bridging the divide between the world’s leading healthcare markets and the growing demand for access to innovative drugs and devices in the emerging nations of Africa, has announced the opening of an East African regional office in Nairobi, Kenya. A Kenyan base of operations reflects the importance of this region which represents the largest and most advanced economy in East and Central Africa. It is.... Read more »

Posted on : Saturday , 31st October 2015

Merck and UNESCO to collaborate on building research capacity in Africa

Merck has launched a partnership with United Nations Educational, Scientific and Cultural Organisation (UNESCO), resulting in the first edition of the UNESCO-Merck Africa Research Summit, to be held in Geneva, Switzerland. The summit aims to address the vital role of scientific research in the improvement and sustainable development of the African population health, with specific emphasis on how to translate knowledge into action. The.... Read more »

Posted on : Saturday , 31st October 2015

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