African Business News

UNESCO seeks more investment in Africa’s hydro-power potential

UNESCO has urged investors to channel their funds toward harnessing Africa’s hydro power potential to boost the continent’s economy.
Prof. Andras Szollosi-Nagy, who is the Rector, UNESCO-IHE (Institute for Water Education), made the call in an interview  on Tuesday,


Chinese company to make trucks in Tanzania

China Heavy Duty Truck Group (SinoTruck) has shown interest of building an assembly plant in Dar es Salaam to cater the growing needs for heavy duty vehicles in East Africa and beyond.

The Chinese Ambassador to Tanzania, Mr Liu Xinsheng, said the company took his invitation to build the assembly plant in the country seriously.


Flytxt clinches twin deals in Africa

Flytxt, a provider of real-time closed-loop mobile marketing solutions, has won twin deals with African telecom companies Warid Uganda and Warid Congo B.

Based out of Technopark here, Flytxt will provide its campaign management solution to these telcos.


China, Kenya pledge closer cooperation

Chinese Vice President Xi Jinping and Kenyan Prime Minister Raila Amollo Odinga on Thursday agreed to further promote bilateral cooperation between the two countries.

The two leaders met on the sidelines of the Fifth Ministerial Conference of the Forumon China-Africa Cooperation (FOCAC),


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