Tatas bet big on African mining sector
The Tata Group is betting big on the mining sector to boost revenues for its African business.
Terming the Group’s mining foray into Africa as ‘just the beginning’, Raman Dhawan, Managing Director, Tata Africa Holdings, said it could end up being a good revenue earner.
Ethiopia to Build Road Linking It With Kenya
Landlocked Ethiopia has signed agreements with Chinese and Indian companies to construct highways that will connect the Horn of Africa nation with neighbouring Sudan, South Sudan and Kenya.
The road projects will branch out from the adjacent regions of Oromia, Gambella and South Ethiopia Peoples'
Cement sales boost ARM’s profit by 8pc to Sh1.25bn
ARM Cement Limited registered an eight per cent rise in net profits in the year 2012 as it recorded a growth in cement sales in Kenya, Rwanda and Tanzania.
Construction for South Sudan to start in 2013
The announcement was made during a briefing by the Petroleum and Mining Minister Stephen Dhieu Dau and senior executives from his ministry, held for top officials of the ruling Sudan Peoples’ Liberation Movement (SPLM) General Secretariat to enlighten them about the status of the country’s oil industry.
