Ethiopia ponders $5b gold:
Resources Sunday, Oct 19, 2014
ADDIS ABABA, Ethiopia - Ethiopia could earn up to $5 billion a year from the mining sector and by tapping into geothermal energy sources, according to a new report published recently.
Kenyan exporters welcome last minute EU agreement:
EAC Sunday, Oct 19, 2014
NAIROBI, Kenya- Exporters in Kenya have welcomed the much anticipated signing of the controversial Economic Partnership Agreement (EPA) trade pact between the East African Community (EAC) and the European Union, (EU).
Tanzania prevents $9m loss to gem smugglers:
Resources Sunday, Oct 19, 2014
DAR ES SALAAM, Tanzania - Tanzania Minerals Audit Agency (TMAA) has succeeded to rescue Tsh15.8 billion ($9.44 million) from minerals and gemstones nabbed at the country’s three largest airports, Julius Nyerere, Kilimanjaro (KIA), and Mwanza Internation
Kaberuka to step down from AfDB next year:
EAC Sunday, Oct 19, 2014
ARUSHA, Tanzania - Dr. Donald Kaberuka, the current President of the African Development Bank (AfDB), will next year step down and the Board of Governors will elect a new president.
Uganda reserves dip due to power:
Resources Sunday, Oct 19, 2014
KAMPALA, Uganda – The Bank of Uganda is focused on ensuring that it improves the country’s foreign reserves that have declined by $200 million lately.
Statoil eyes more gas off Tanzanian coast:
Resources Sunday, Oct 19, 2014
DAR ES SALAAM, Tanzania - Norwegian government-owned Statoil, last week reported finding another 1.2 trillion cubic feet (tcf) of natural gas off the Tanzanian coast writes LEONARD MAGOMBA.