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China-Africa Trade Information Service
After a senior official announced on Friday the government's plan to open the world's last major closed telecom market, Ethiopia will issue two two telecom licences to multinational mobile companies.
Acacia Mining, Tanzania's largest gold producer, just announced its latest interim results, showing total gold production of 158,774 ounces in Q2 2019, an increase of 51% compared to Q1 2019.
Chinese company ENGO Holdings Limited has started construction of a computer and mobile phone assembly and manufacturing plant. The plant will be located in the famous Namanve Industrial Park, in Wakiso.
It is reported that the investment in transportation (roads, bridges and railways) in Africa is set for rapid growth from US$47.1 billion to US$69 billion in 2020. A total of 448 major transportation projects in Africa will reach $430.3 billion.
Ethiopian cement production capacity grew at an average annual rate of 6.8% between 2013 and 2018. The increase in capacity is due to the government's five-year growth and transformation plan, as well as the federal incentive to attract local and international cement producers.
There are more than 12.2 million camels in East Africa. Camels raised in Somalia account for one-third of the total number of camels in the world and are the country with the largest number of camels.
In many countries in Africa, Motorcycle taxi as an important part of the transportation infrastructure of African countries, is widely used as public transport.
According to the 2018 World Travel and Tourism Council report, Kenya is positioned as the third largest tourism economy in sub-Saharan Africa after South Africa and Nigeria.
The Zimbabwe's government announced a serious power shortage. Due to the drop in water levels, Kariba Dam, the country's main power plant, may face production shutdowns in weeks.