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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

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    Standard of cars assembled in Ghana will not be compromised – GSA assures

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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Value of MoMo transactions decrease by 3% between March and April 2022

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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

  • TECHNOLOGY

    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

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Egyptian Traders Keen to Invest in Tanzania

bycitibusinessnews
June 1, 2016
in Africa, North Africa
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Egyptian investors have shown interest of investing into the country after being attracted with lucrative opportunities and government reforms that have significantly improved the business climate.

Export Processing Zones Authority (EPZA) Manager for Investment Opportunities, Ms Grace Lemunge, told the ‘Daily News’ here yesterday that they were in discussion with some potential investors who took part in the Africa PPB-EXPO and had shown interest to invest in the country.

“So far we have had business discussion with three big companies present here to come and invest here…”

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she said at the exhibitions organised by Egyptian manufacturers of plastic, rubber, petrochemical and building materials in Dar es Salaam.

She said OPC-Carbon Holdings has shows interest on building Ammonia plant in southern part of our country which is expected to stimulate the ongoing oil and gas exploration and would encourage mining sector as the gas is used in extraction of metals.

Ammonia is also used as a refrigerant gas, for purification of water supplies and in the manufacture of plastics, explosives, textiles, pesticides, dyes and other chemicals.

Ms Lemunge also said EPZA was inviting other participants in the exhibition and investors from Egypt to come and invest in Tanzania in building materials industries due to the high demand of the materials.

“We have a shortage of building materials in our country, therefore we import most of them especially tiles, we are looking forward to convince these tiles companies here to build tiles industries in Tanzania, that will not only assure employment opportunities to our people, but also will reduce the foreign currencies we use when we import these building materials,” she noted.

According to her, there were investment areas already reserved for investors, further more investors will be assisted by the Authority in early processes.

Africa-PPB-EXPO offered a unique platform for the manufacturers to showcase the latest products and recent technology in plastic, rubber, petrochemicals and building sectors.

–

Credit: All Africa

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