Category: Markets
Kenya: UAE looking to fill investment gap in infrastructure
Abu Dhabi November 24.2014 Geeska Markets — Kenya and the United Arab Emirates have entered into an investment promotion agreement that is expected to increase the volume of trade between the two countries. The agreement was signed by Cabinet Secretary Henry Rotich for the Government of Kenya and the UAE Minister of state for financial…
African Entrepreneurs Need More Right-Brained Thinking
Nairobi November 23.2014. (HAN) Public diplomacy and Regional Financial investment news. Ethiopian Airlines, Neuroscience has evolved over the past decades into a field that is far more technical, yet producing valuable insights about the human nervous system that can shape most other fields. One of the classic discoveries of Neuroscience that has been applied in other…
Ethiopia: Ethiopian Airlines closes Big financing deal
Addis Ababa November 22.2014. (HAN) Public diplomacy and Regional Financial investment news. Ethiopian Airlines, the largest and most profitable airline in Africa, has secured a USD 41.4 million 7-year junior loan facility from ING Capital LLC for the acquisition of two Boeing 777 freighter aircraft. The senior debt is supported by Ex-Im Bank and was provided by…
Africa: Emirates to Grow By 40% on the African continent
November 21.2014. (HAN) Public diplomacy and Regional Financial investment news. Emirates is placing a strategic focus on Africa in the coming decade by increasing operations by over 40%, says Tim Clark, President of Emirates Airline.Speaking at the Africa Global Business Forum held in Dubai on 1 – 2 October, Clark said that Africa has been a…
Kenya: $133 million loan to fund a project from AFDB
November 21.2014. (HAN) Public diplomacy and Regional Financial investment news. I A $133 million loan to fund a project aimed at improving access to electricity among poor populations in Kenya’s rural areas has been approved by the African Development Bank (AfDB). Only a third of Kenya’s more than 40 million people are connected to the grid, and…
Uganda: Coffee Industry Players Discuss Ways of Marketing African Coffee
November 20.2014. (HAN) Public diplomacy and Regional Financial investment news. Industry players from the coffee industry say African producing countries are not performing well in the global markets. Delegates are meeting at a coffee conference in Uganda’s capital, Kampala to find solutions into helping the industry perform better going forward. Isabel Nakirya reports -CCTV
Kenya: George Soros-Welcome to kenya
November 20.2014. (HAN) Public diplomacy and Regional Financial investment news. George Soros and JP Morgan- backed private equity firm, LeapFrog Investments, has bought a majority stake in Kenyan insurer Resolution.The two firms on Thursday announced the deal is valued at $18.64 million. Resolution is a general insurer with operations in Kenya, East Africa’s biggest economy, and in neighbouring Tanzania…
Africa: African startups in 2015.
November 20.2014. (HAN) Public diplomacy and Regional Financial investment news. Today, investors around the world are gathering to discuss how to multiply investments in African startups in 2015. This discussion sees global angel investors and entrepreneurs focused on African innovation gather in meetups around the world. One way to grow investments in African startups has however…
Kenya: kenya cashless commuter payment system
November 19.2014. (HAN) Public diplomacy and Regional Financial investment news. The system will see Kenya’s public transport sector fully transition from cash to electronic, with thousands of commuters using payment cards to pay for their fare. It would be another first for the East African nation, which is riding high with use of mobile money, where…
Somalia:Results of an offshore seismic study in Somalia by early next year.(Video)
November 19.2014. (HAN) Public diplomacy and Regional Financial investment news. Exploration firm Soma Oil & Gas expects to receive the results of an offshore seismic study in Somalia by early next year. Bob Sheppard, the company CEO talks to Ijeoma Ndukwe about their agreement with the government, the operating environment in Somalia and their expectations. …
