African Business News

Tanzania’s heart institute is all set to treat more patients in 2019

Jakaya Kikwete Cardiac Institute (JKCI), plans to perform surgeries to more than 1,500 in its efforts to decrease the number of patients, who are broached to abroad for treatment.


The executive director of JKCI, Prof Mohamed Janabi, said that, "last year the institute conducted a total of 1,356 surgeries. Our main intention is to continue to save people's lives. Hopefully one day with the increasing cardiovascular treatment skills to our experts we will not be sending patients abroad."


Tanzania-Uganda's oil and pipeline projects to top this year's infrastructure transactions in the region

A new report shows that Tanzania and Uganda top EA's oil and pipeline project funding needs this year as the two countries seeking over $7 billion funding for the said project.

According to Debtwire's Africa Project Finance Trend update for 2019, the oil and infrastructure sectors are the most probably to attract interest from investors and financiers this year.


"Africa Energy" declared the opening of new petroleum province offshore in South Africa

Africa Energy Corp., an oil and gas company with exploration assets offshore South Africa and Namibia, is glad to announce a notable gas condensate discovery on the Brulpadda prospects located on Block 11B/12B offshore South Africa.

Africa Energy holds a 4.9% effective interest in the Exploration Right for Block 11B/12B.


Ethiopia launches Electronic Trading System for Soybean and Chickpea

Addis Ababa — Ethiopia Commodity Exchange (ECX) has officially launched the electronic trading system of soya bean and chickpea to strengthen foreign trade transactions.

The modern trading system was launched officially in the presence of Trade and Industry State Minister, Misganaw Arega and Ambassador Fitsum Arega.


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