African Business News

UN to help boost Kenya’s pharmaceutical industry

The United Nations Industrial Development Organisation (UNIDO) says it will help Kenya’s pharmaceutical industry reach international standards in order to reduce the cost of medicines.

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Construction of Deepwater Port to Start in 2016 First Quarter

Cabinda — The works of construction of the Deepwater Port of Cabinda, in Caio Litoral locality, will start in the first quarter of 2016, said the chairman of the board of directors of the Port of Cabinda, Nazareth Neto.

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Bwanika to Build Tiles Factory in Teso

Soroti — Presidential candidate Abed Bwanika has promised to tap into the available resources in Teso sub-region by setting up factories.

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Kenya's Economy to Grow at 6 Percent in 2016

Kenya's economy will accelerate slightly in 2016, driven by loose fiscal policy, infrastructure projects and robust private consumption, according to Focus Economics.

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