African Business News

South Sudan to receive largest investment from South Africa

South Sudan is making its first big foreign investment as South Africa invests $1 billion in South sudan oil sector.

After the peace deal was signed two months ago, the increasing production will help the country to recover as South Sudan has Africa's third largest oil reserves at 3.5 billion barrels. Signing of this agreement would benefit both the countries.


The scope, scale and spread of current and future oil and gas infrastructure development projects in East Africa

East Africa has been an importer of refined product, largely from the Middle East. The bulk of this product has entered the region via Mombasa in Kenya and also through Dar es Salaam in Tanzania. From these ports it has made its way, via pipeline and fuel trucks, across Kenya and Tanzania into Uganda, the Democratic Republic of Congo, Rwanda, Burundi, Ethiopia and even South Sudan.

With Tanzania currently returning annual GDP growth rates of anywhere between 5 and 10 per cent, Uganda maintaining


Increase by 13% in Tea export from East Africa to the rest of the world

Tea export volumes from East Africa to the rest of the world have risen by 1.4 million kilograms, representing a 13% increase from the comparable previous year, data from the East African Tea Export Auction reveals.

A latest auction report has shown that a total of 10.4 million kilogramme bags of tea were exported, more than the 9 million kilogramme bags exported around the same time the previous year.


Front Line Health workers in Uganda to get vaccination against Ebola disease

The Ministry of Health has announced that Uganda will be conducting vaccination against the Ebola disease for the front line workers.

As the widespread occurrence of disease continues to claim more lives in neighbouring DRC.

Minister of Health said at a news conference at Uganda media centre that, "The Ministry of Health would like to inform the public and the entire world that it will conduct compassionate use of the Ebola vaccine (rVSV) for health care and front line workers and ring vaccination in Uganda".


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