Archive In Markets

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  Special Feature: Top Investment Areas In East Africa And The Players Exploiting Them (3). Agriculture Agriculture is the back bone of East African economies contributing significantly to the country’s Gross Domestic Product (GDP).
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  Africa: CAD Fund Set To Boost Agriculture Investment. China-Africa Development Fund (CADFund), the Chinese state fund promoting investment co-operation between China and Africa, is considering entering into partnerships with Agriculture development banks in some African countries to expand investment, the fund’s vice president...
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  China’s Huajian To Invest $2billion In Ethiopia, Export Shoes To Europe And North America. China has continued to establish itself in the shoe making industry of Ethiopia.
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  Coca-Cola Opens $15m Bottling Plant In Somaliland. global leader in the beverage industry, Coca-Cola Co. has announced the opening of a $15 million bottling plant in Somaliland.
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  Special Feature: Top Investment Areas In East Africa And The Players Exploiting Them. Telecommunications /Technology While mobile technology has brought many gains for East Africans in money transfer, communication and increasing access to the internet, the competition amongst telecommunication operators can only be described as cut-throat.
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  Africa’s Biggest Sugar Producer, Illovo, Pulls Out Of $310million Sugar Project In Mali. For reasons of funding difficulties and political risks, South Africa based-company; Illovo Sugar has withdrawn from the 2.6 billion rand ($310 million) sugar project in Mali.
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  Rebuilding Libya: GE Eyes Up To $10bn In Revenue.  General Electric (GE), a US-based power-generation equipment giant, expects to generate as much as $10bn in revenue from Libya, as the North African country aims to rebuild its economy, infrastructure, and institutions in the post-Gaddafi era.
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  Standard Chartered Reiterates Commitment To Nigeria-Singapore Bilateral Trade. Standard Chartered Bank has reiterated its commitment towards facilitating trade relations between Nigeria and Singapore as trade between both nations rose by 25 percent from 2010 figures to S$481.5 million ($372.6 million), making Nigeria its...
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  Japan, AfBD Initiative To Invest Additional $1bn In African Private Sector. The Japanese government in conjunction with the African Development Bank (AfDB) has announced plans to invest another $1 billion over the next five years for a second phase of the Enhanced Private Sector Assistance (EPSA)...
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  Epson Opens East African Office In Nairobi. Japanese global printing and information technology firm Epson has opened its East African office in Kenya.