Investments & Projects

Tanzania's annual domestic sugar consumption is about 420,000 tonnes while local production is 320,000 tonnes. This leaves a deficit of about 100,000 tonnes a year to be made up by imports. The country's Sugar Industry Poised for Further Growth.

The latest forecast report World Bank's for the year 2017 indicates that Uganda's ranking will improve from 122nd position in 2016 to 115th for 2017.

In order to achieve its goal of 10% growth rates in the next fourteen years, Kenya needs investments worth Sh1.7 trillion per year. This is equivalent to 32 % of the current gross domestic product each year in Kenya.

GUANGZHOU, Sept. 10 (Xinhua) -- For bioenergy provider Guangdong Zhongke Tianyuan New Energy Technology (ZKTY), Africa is a wonderland.

Mkuranga — Chinese investors are will invest $100 million (about Sh218 billion) to set up a factory that will manufacture roofing tiles in the country, Prime Minister Kassim Majaliwa heard on Wednesday.

NAIROBI, Aug. 18 (Xinhua) -- Before the Kenyan government mooted plans to expand Thika Road in 2009, commuters would waste hours on traffic gridlock.

Tanzania is among the three pilot countries set for China-Africa industrial capacity cooperation following the framework agreement on industrial capacity cooperation that was initiated in April, 2015.

MOMBASA, Kenya, Aug. 11 (Xinhua) -- China has been a transformational partner from the standpoint of Africa's development, a Kenyan expert said on Thursday.

NAIROBI, Aug. 8 (Xinhua) -- The Standard Gauge Railway (SGR), which is being constructed by Chinese firm, will help boost Kenya's economy by cutting the cost of transportation and enhancing movement of people and goods, a Kenyan minister said on Monday.