Venue: KICC, Nairobi – Kenya
Dates: 27 April – 29 April , 2014
Timing: 10 AM TO 06 PM
Business Visitors Only.
Exhibitors from over 22 countries and visitors from 11 African and 12 other countries have made Autoexpo the most prolific automobile, spares and accessories trade exhibition in Kenya and one of the largest fairs in Africa.
Africa, the market of the millennium has been gaining immense attention from global manufacturers and exporters seeking tie-ups with importers in Africa for automotive products & spares.
Cassava World Africa in Lusaka, Zooms in on Commercial Opportunities
CMT’s inaugural Cassava World Africa opens in Lusaka, Zambia on 20-21 March 2014 to showcase the transformation of cassava from a staple food to a commercial crop used in production of flour, beer, feed, starch and as source for bioenergy.
His Excellency Honorable Robert K.K. Sichinga, MP & Minister, Ministry of Agriculture and Livestock, Zambia will inaugurate Cassava World Africa conference that will unveil opportunities and challenges in ‘Transforming
Africa's road-building frenzy will transform continent
AFRICA is embarking on a road-building spree. Ahead of the pack are mining organisations, largely funded by China, which have flooded into the continent over the last decade and need ways to transport materials. But also afoot is a larger, pan-African effort to upgrade and expand the continent's highway network, as well as building many more smaller connecting roads.
The result will be a vast continental transformation with the potential to improve access to education and healthcare – and connect Africans to each other, enabling commerce.
Tanzania Becoming the New Chinese Province in Africa
Tanzania's strong relations with China go back to the era of Mwalimu Julius Nyerere and Mao Tse Tung. The Chinese 'Dragon' is now set to invest billions of dollars in the iron and coal mining sectors of the country that will last for more than a century
Isaac Haule (65), a subsistence farmer at Nkomang'ombe village in Ludewa district, can't help to see the long standing Mchuchuma and Liganga projects which the public at large have been so eagerly waiting for take place saying they will usher in a new era in extractive industry in the country.
A father of five and a local government retiree, Haule says though the people are confident of the projects,
US Power Africa Attracts $2.7b Investments
The US efforts to increase twofold electricity supply in sub-Saharan Africa has already attracted investments valued at $2.7 billion, according to Imara Africa Equity Research.
Overseas Private Investment Corporation (OPIC), a US government agency, has dedicated $1.5 billion for the first five years to the US initiative – known as Power Africa – according to OPIC’s Mimi Alemayehou.
The Millennium Challenge Corporation (MCC), another US agency, had pledged $1 billion to Power Africa, its Kamran Khan has said.
Additionally, the US Agency for International Development (USAID), a well-known US development agency, has agreed to commit $285 million to the initiative in grants and risk mitigation, USAID’s Andrew Herscowitz revealed.
AfDB props up capacity building for African infrastructure
The African Development Bank (AfDB) and the African Union Commission (AUC) Wednesday signed an accord, worth US$ 8.9 million, as capacity building grants for projects aimed at Africa’s physical and economic integration.
The Bank’s Vice President, Charles Boamah, and the AUC Deputy Chairperson, Erastus J. O. Mwencha, initialled the deal here, noting that the grant would specifically support implementation of the Priority Action Plan under the Programme for Infrastructure Development in Africa (PIDA).
Power Africa Draws New Investment to Region
The U.S. initiative that aims to double access to electricity in sub-Saharan Africa has drawn new investments to the fast-growing region, according to representatives of three key agencies that support the project.
"We are seeing developers investing for the first time in power in emerging markets. We're seeing developers we've never seen before. We are also seeing with the private sector in Africa an opportunity to partner with American companies," said Mimi Alemayehou of the U.S. Overseas Private Investment Corporation (OPIC). OPIC mobilizes private capital to help solve critical challenges in developing countries.
