Tanzania's Cassava crop finds Market in China
The ongoing China-ASEAN Expo 2018 has promoted investment and trade opportunities in Tanzania, yielding positive results with some Chinese investors expressing interest in processing cassava starch.
The good news comes amid the 1 billion US dollars (about 1.22trl/-) agreement between the governments of Tanzania and China in commercialization of the tubers, which are on high demand in Asian countries, particularly China.
Speaking on the sidelines of the Tanzania Promotion Conference and Business Matching yesterday, the Managing Director of
Ethiopia is 5th leading investor in Renewable energy in Africa
Ethiopia is the 5th major investor in renewable energy in Africa at US $ 100 million, according to the Renewable, Global Status Report, according to Capital. South Africa leads in renewable energy investment followed by Morocco, the second major renewable energy investor at US$ 2 billion.
Jubilee Insurance and Aga Khan Joins Hands to launch Healthcare Insurance
Tanzania’s Jubilee Insurance Company and the Aga Khan Health Services have joined hands to successfully launch an insurance product to assist with medical and health needs. ‘JilindeAfya’ as it is called, will offer a comprehensive preventative and curative healthcare solution.
The newly initiated project will cover both in-patient and out patient. The product aims to give all individuals in Tanzania an easy access to quality health and medical services
CHINA’S KEEN INTEREST IN THE AFRICAN AUTOMOTIVE MARKET
The global automotive business is in its most disruptive era since the advent of the industry over a century ago, creating an abundance of opportunities for new and established companies in the global automotive market. Analysts anticipate the market to grow by 2%, reaching 91 million new units sold in 2016.
The African economy has seen steady growth for the past decade and even with sustained low oil and commodity prices, the automotive industry is expected to grow considerably in most countries. Africa is forecast to grow between 3% and 3.7% in 2016 with East Africa retaining its position as the fastest growing region on the continent.
