Vol ix issue xx

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SINGAPORE SINGAPORE

January can be hairy

Uganda inches towards oil sales

Singapore wants you to come and enjoy Bright light,shopping,business e.t.c andby now, G ardens the B aya great way to get there...on Ethiopian’s Singapore wants you to come and enjoy thrice weekly flights to its 8th Bright lights, shopping , business, food destination in the far sightseeing east. , trade , great and now, a great way to get there ...on Ethiopian’s thrice weekly th

flights to its 8 destination in the far east. www.ethiopianairlines.com

SINGAPORE SINGAPORE

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The Merlion Statue

The Merlion Statue

Singapore wants you to come and enjoy

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Singapore wants you to come and enjoy Bright light,shopping,business e.t.c and now, a

PAGE 4

Bright lights, , business, sightseeing , trade , great food great wayshopping to get there...on Ethiopian’s and now, a great way to get there on Ethiopian’s thrice weekly thrice weekly flights to its 8th flights to its 8th destination in the far east.

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3 times weekly Seoul, Manila and Ho Chi Minh City

destination in the far east.

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OPENING UP NEW ROUTES TO THE FAR EAST

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SINGAPORE SINGAPORE

TO THE HTS OF BRAZIL

www.ethiopianairlines.com

www.busiweek.com

A F R I C A N The Merlion Statue

Singapore wants you to come and enjoy

Gardens by the Bay

Bright lights, shopping , business, sightseeing , trade , great food and now, a great way to get there on Ethiopian’s thrice weekly flights to its 8th destination in the far east.

www.ethiopianairlines.com

VOL. 9, ISSUE 20 JANUARY 13-19, 2014

UNVEILING OPPORTUNITIES

KSH40; TZSH1000; USH1,500; RWF600; BIF 1,500; 5BIRR,SS£ 2.5

CAA to revive Gulu runway operations BY PAUL TENTENA nGULU, NORTHERN UGANDA- Uganda is to build a new airport complex in the north to stimulate growth of tourism, trade and agriculture, in an area which experienced over 20 years of insecurity due to Kony rebel insurgency. A new 3.1 kilometre runway at Gulu Airport, (the second largest airport in the country), was launched last week by works and transport minister Abraham Byandala. Entebbe International Airport is the largest airport in Uganda with a runway measuring 3.7km long. Byandala said the asphalt runway surface airport, with a width of 45meters, was constructed in a phased approach at Ush10 billion (about $4 million). He said: “It is the first phase of the project. The total project cost is estimated at $59million.” “In the future, we shall upgrade this airport to international standards with larger passenger terminal building, fire and rescue services infrastructure, put runway lights, new car park, access roads, air navigation and traffic control facilities and cargo operations infrastructure,” he said. Byandala said the government is TO PAGE 2

Byandala waves the national flag to officially open the new runway as other dignitaries and CAA officials look on last week. Photo by Paul Tentena

nADDIS ABABA, Ethiopia—The Ethiopian government has set aside 75 hectares of land for a proposed $20 million Indian-owned meat processing plant. Fronting for Allana Group, Aman R. Khan signed a memorandum of understanding last week at the Ministry of Industry (MoI) with ETG Designers & Consultants Plc, a local private firm, for the establishment of a modern meat processing and exporting plant. According to media sources here ,the first phase of the project will see the employment of some 600 permanent staff. On the issue of environmental protection, Khan promised that a world-class effluent treatment plant will be constructed alongside the meat processing project. He said that the waste produced by the slaughterhouse will be processed to produce biogas, and the excess blood of the livestock will be re-used as animal feed. The government has provided 75 hectares of land in Ziway town, in the Oromia Regional State, and the company intends to begin commercial production by September 2014. The MoI is budgeting for export earnings of some $250 million in the 2006 Ethiopian fiscal year, yet its task is not helped by possessing only five slaughterhouses targeted at exports. The meatprocessing sector of Ethiopia is the most untapped, but also the most treacherous, with perennial issues, including the illegal smuggling to foreign countries and supply side constraints. The Ambassador for India, Sanjay Verma, hopes the arrival of Allana will add more value to the Ethiopian economy, following on from the existing TO PAGE 2

Tanzania asks for Algerian gas help BY KENAN KALAGHO nDAR ES SALAAM, Tanzania - The Tanzanian government has asked the Algeria to offer expertise in oil and gas exploration while also providing on-the-job training for Tanzanians. Algeria’s 50 years experience in the oil and gas exploration and production including their achievements

Ethiopia gives land for Indian meat dealer

Small enterprises top Rwanda agenda

Kenya industry reels under production costs

n KIGALI, Rwanda---The government has said a renewed focus will be placed on Rwanda’s Small and Medium Enterprises sector (SMEs) in 2014. The sector makes up 98% of all businesses in the country and considered a vital segment of Rwanda’s economic growth. During his annual address President Paul Kagame, asked the relevant institutions overseeing SMEs to develop easier ways for small business people to ac-

nNAIROBI, Kenya--Kenya’s manufacturing sector is in dire need of capital boost after decelerating from an expansion of 3.4 per cent in 2012 to a growth rate of 3.1 per cent in 2013. The sector will be one of the key priority areas for the government according to a statement from the office of the president on New Year. Manufacturing remains central to the growth of the Kenyan economy even as the country engages gears to transform the economy into a newly industrialized middle income economy by 2030.

BY AGNES BATETA

that has so far been realized, has been a great concern for the government of Tanzania to ask for the partnership in order to tap both the expertise and technology in the business. Speaking in Dar es salaam last week, the Minister of TO PAGE 2

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