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China-Africa Trade Information Service
Jufeel International Group from China in collaboration with PMAS Company Tanzania plan to invest 20m US dollars in the aloe vera industry.
Addis Ababa — Ethiopia's parliament on Tuesday approved a 250-million-U.S.-dollar loan agreement made with China's Export-Import (Exim) Bank to finance major infrastructure construction in the country.
A sharp drop in Crane Bank’s liquidity position and the need to keep it as a going concern saw DFCU Bank beat other bidders to take control of the troubled lender.
Addis Ababa — Ethiopian Airlines will fly to seven new destinations in the next five months, the firm said on Tuesday.
Dar es Salaam — Representatives from 50 foreign companies are expected in Tanzania on Saturday this week.
Africa's largest airline group, Ethiopian Airlines announced that it would add Antananarivo,Madagascar, to its network as of March 28, 2017.
Mombasa — Kenya has received six locomotives from China, which will run on a China-funded standard gauge railway (SGR) due to start trial operation in June.
Dar es Salaam — Government efforts have now made it easier for Chinese investors to process and invest in the manufacturing sector in Tanzania.
Helios Investment Partners and Vitol Group will buyout Royal Dutch Shell Plc from Vivo Energy shareholding.