NEWS

Updates on private and public projects in Eastern Africa

Amazon to launch in SA in 2024

Ethiopia and Somalia sign bilateral trade agreement

  • 09/2023

    • The two countries signed the agreement for the formal export of fruit and fish. 
    • The trade accord aims to tackle the smuggling problem between the two countries

    For more details: foodbusinessafrica.com

Kenya to build high-speed train to Ethiopia and S. Sudan

  • 08/2023

    • Kenya has unveiled plans to build a high-speed electric rail line from 2025
    • The line will connect the port town of Lamu to Ethiopia and S. Sudan

    For more details:  bnn.network

India and Zanzibar: MoU on first IIT outside India

07/2023

  • India and Zanzibar signed an MoU for the establishment of the first IIT outside India (IIT Madras)

    For more details: www.business-standard.com

Shalom Health Care to Build $250 Million Medical Equipment Manufacturing Plant in Ethiopia

06/2023

  • The plant will be built in Hawassa and will alleviate Ethiopia’s reliance on imported medical equipment
  • The plant will create 5000 jobs locally

For more details: www.2merkato.com