BUSINESS

14/4/2015

British firm signs gold and silver agreement in Ethiopia

Mineral production to expected to create 700 jobs and generate foreign revenue

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Kenya banks to reap from hawalas closureBy KIARIE NJOROGE in Nairobi | Monday, April 13  2015 at  12:10

A Somali bank employee serves a customer in Kenya. The suspension of permits of 13 hawala firms in the country is expected to drive most users to banks. FILE | NATION MEDIA GROUP |

Bulk of diaspora remittances to change course amid Al-Shabaab clampdown

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Ethiopia to diversify its sea export outletsBy ANDUALEM SISAY in Addis Ababa | Friday, April 10  2015 at  11:24

Workineh Gebeyehu (left), Ethiopia's Minister of Transport, receiving the national logistics strategy document from Eugene Owusu, the UNDP Resident Representative in Ethiopia. PHOTO | ANDUALEM SISAY |

In addition to Djibouti and Port Sudan, goods will also be routed to Berbera and Mombasa

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Congo's Inga 3 dam construction delayed to 2017: World BankBy AFP | Friday, April 10  2015 at  11:02

An existing part of the Inga hydroelectric dam, located due west of Kinshasa, pictured on August 15, 2011. PHOTO | AFP |

The project is expected to generate 4,800 megawatts of power once complete

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Kenya-Ethiopia highway to be completed in MayBy KEN BETT | Thursday, April 9  2015 at  11:42

Construction workers level tarmac chips on the newly done Marsabit-Moyale road on April 7,2015. The road is set to link the county to Ethiopia and ease the cost of travel. It is part of the Lapsset corridor. PHOTO | KEN BETT | NATION MEDIA GROUP |

The road once complete is expected to boost trade between the two countries

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