African Business News

Volkswagen in view of entering Ethiopia

Volkswagen is considering a component assembly plant in Ethiopia, in addition to the two recently announced assembly plants in Ghana and Nigeria.

The foray into Africa represents a growth opportunity for the car maker in light of the expected recovery of the continent’s economies recently hit by the downturn in commodities. According to the Export-Import Bank’s Africa Trade Report 2018, African economies will grow by

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Tanzania - Sweden To Address Trade Imbalance

Tanzania and Sweden are seeking to put in check the existing trade imbalance between the two countries. The two parties met to discuss the issue as well as look for ways to open new markets for their agricultural produce. Both parties have identified the potential in the sector and deem it ideal for business and more export opportunities to foster their economies.

Mr. Boniface Michael, the Acting Director of Trade Promotion at the Tanzania Trade Development Authority   said they would, “equip our producers with the right knowledge and requirements for trading with the country (Sweden).”

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To support Africa’s rice productivity IRRI opens regional office in Kenya

The International Rice Research Institute (IRRI) has opened a new regional office in the Kenyan capital Nairobi to help Africa achieve self-sufficiency and productivity in rice production.

The new regional hub hosted by CGIAR center, the International Livestock Research Institute (ILRI) will work

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Balsam International to Travel to Dar es Salaam for Medical Help

Balsam International, a heart surgery and cardiology team is preparing to go to Dar es Salaam, Tanzania, in the next few days to treat 176 heart patients after successful trips to treat 225 heart patients in Yemen.

Dr. Imad Bukhari, cardiac surgery consultant and CEO of Balsam, said that during the six-day trip the team aims to conduct 16-18 open heart surgeries, about 60 catheterizations, offering treatment to 100 cases in outpatient clinics in collaboration with the medical team at the Jakaya Kikwete Cardiac Institute.

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