Tanzania bans import of Salt
2 minutes read
Announcing the decision by the government to ban salt imports, the Minister for Investment, Industry and Trade Dr Ashatu Kijaji stated...
Ethio-Djibouti Standard Gauge Railway (EDR) mobilized Birr 2.5 billion
(East Africa) (2 Minutes Read)
Ethio-Djibouti Standard Gauge Railway (EDR) mobilized Birr 2.5 billion within the past 5 months by transporting 500,000 tons of cargo....
DBE to exclusively cater to private sector
(2 minutes read)
In a significant development, the Development Bank of Ethiopia (DBE) said that it would not be financing any government sector in the...
Israel company to invest in technical textiles in Ethiopia
(3 minutes read) (Global)
Anbessa Elite Technical Textile Industry, an Israeli company, entered Bahir Dar Industrial Park to produce apparel and textiles. It envisages an...
EIC to hold hands with Ethiopian Airlines to promote investments and skill formation in...
(2 minutes read)
Ethiopian Investment Commission (EIC) and Ethiopian Airlines discussed ways to collaborate in promoting Ethiopia’s investment potential. The two institutions also discussed working...
Kenya’s most expensive road project put on hold
The construction of the Sh160 billion Mau Summit highway on ice, Kenya’s most expensive road project has been put on hold, sending contractors...
Kenyan e-mobility start-up to achieve zero emissions
(3 minutes read)
Kenya is witnessing a growing trend of efforts of curbing gas emissions by embracing cleaner sources of energy. The country has...
Mobile money transactions in Kenya account for more than half of GDP
(3 minutes read)
The value of mobile money transactions in Kenya went up after the government waived off the transaction charges on March 16,...
Kenya to focus on EVs to address climate change
(3 minutes read)
Power producer, Kenya Electricity Generation Company (KenGen), plans to acquire more electric vehicles (EVs) as the firm seeks to transit from gasoline-run...
Kenyan PMI Index picks up
(3 minutes read)
The latest Stanbic Purchasing Managers’ Index (PMI) survey revealed that the December festive season activities saw Kenyan businesses record the sharpest rise...
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