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Archive for February, 2008

26
February
The Kenyan government is offering a stake into the planned construction of a liquefied petroleum gas (LPG)facility in Mombasa to private sector so as to ease the looming gas shortage in the country.

The energy permanent secretary, Mr Patrick Nyoike has said the investment will complement ongoing efforts by the Kenyan pipeline company(KPC)to construct…
Category : Articles | BOC Publications
26
February
The Ethiopian Roads Authority (ERA) said the construction of Addis Ababa -Tarmaber 173-km asphalt conceret road has been launched at a cost of 1.4 billion Birr.

ERA Information and Public Relation Service Head, Samson Wondimu told ENA that the construction of the road would be executed in two phases.

The first phase includes construction of the 103…
Category : Articles | BOC Publications
26
February
Kenya's Ministry of Tourism and Wildlife has embarked on a recovery program to restore confidence in the tourism industry following dwindling earnings due to the post election violence. Tourists have refrained from visiting Kenya due to travel advisories by their respective cuontries.

Tourism and Wildlife Permanent Secretary Rebecca Nabutola…
Category : Articles | BOC Publications
25
February
[MOBILE VIDEO] Despite the political turmoil and related violence, business seems to have gone back to normal prompting Nakuru Park guide James Olenairuko to predict a full recovery within two to three weeks.

Travel warnings by foreign embassies have taken a virtually alarmist stance with some embassies even saying tourists have been killed. In spite…
Category : Articles | BOC Publications
25
February
SAAFI Trading and Agro Industry PLC envisages to export 20,000 camels worth 6 million USD abroad this year. It has called the government to strengthen control on contraband trade, which it said, is disabling exporter's competitive capacity in the global market.

SAAFI  is Ethiopia's second largest live animal exporting company.

In an exclusive…
Category : Articles | BOC Publications
25
February
International media who stormed Ghana for last month's 26th MTN African Cup of Nations, were introduced last Friday to the newly installed Intercontinental Bank Ghana. The wanted them to discover its modus operandi and how the bank was faring in Ghana.

For many years Intercontinental Bank has been one of the origins of promoting sports in where…
Category : Articles | BOC Publications
23
February
Some 14 NGOs operating in North Wollo Zone of Amhara State are undertaking various development projects at cost of 37 million birr, the zonal food security and disaster preparedness office said.

NGO's coordinator with the office, Betru Seyoum told ENA that 20 projects are being carried out in the areas of potable water, health and education, among…
Category : Articles | BOC Publications
23
February
Riots over the cost of living hit three major towns in Burkina Faso this week, a situation which has raised fears among some observers about the peaceful but impoverished country's stability.

“This reaction was expected,” Laurent Ouédraogo, secretary general of the Confédération Nationale des Travailleurs du Burkina…
Category : Articles | BOC Publications
22
February

Tourists flow back into Kenya

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Some 600 foreign tourists arrived in the eastern Kenya resort city of Mombasa over the past week, while 180 arrived via a cruise ship last weekend, and another 400 arrived into the country this week from Germany and Austria via charter flights.

Analysts perceive this as a sign that Kenya's multimillion dollar tourism sector will have completely recovered…
Category : Articles | BOC Publications
21
February
The focusing on Ghana, by the American President, George W. Bush in recent times, have ignited a new trend of American business interest and exploration in a triangular venture to propel Ghana into the global market place.

The triangular venture seeks to focus on and develop collaboration with the government, business communities and educational institutions…
Category : Articles | BOC Publications

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