Djibouti Business Features & News

Mr Sun Heping, the Chinese ambassador to Uganda, pledged further investment in Uganda’s oil infrastructure, when he made this statement to a Chinese news agency recently. He said that this type of investment has so far helped China’s dialogues with African states and has resulted in the implementation of several development projects in infrastructure, education and health. Oil was discovered in the Albertine Graben region (western Uganda) in 2006. So far, about one billion... more...

As Mr Musyoka rightly points out, the economic prosperity of the whole of Africa will improve with increased intra-Africa trade and cross-border investments - " With a market of one billion people and vast natural resources, Africa is the continent to watch in terms of world economic growth ". Now, following his discussions with the Egyptian prime minister, Ahmed Nazif, Egypt is to massively increase its imports from Kenya. Firstly, Egypt will soon start importing meat from Kenya, and... intra-Africa trade...

Namibia’s leading environmental impact research-company Enviro Dynamics reports that the project is on track. This news came following a public meeting between the project leaders and the local community, which was held on the 15 th of September 2011. Enviro Dynamics has confirmed that the project will consist of between 18 and 22 wind turbines. The total area is to cover 16 sq. km. on the historical peninsula of Diaz point. The generating capacity is set to reach 44 MW, and the... more