Browsing: Indonesia

The Annual Investment Meeting (AIM) signed memorandums of understanding with organisations and companies in Indonesia on the sidelines of the B20 Summit, which was held on November 13-14, 2022, in Bali, Indonesia. www.theexchange.africa

Describing the signing of the five memorandums of understanding, Dawood Al Shezawi, Chairman of the Organizing Committee of the Annual Investment Meeting, stated that the MOUs come in the context of the ongoing efforts made by the Annual Investment Meeting to implement that strategic plan into real-world results that will encourage direct and indirect investment and drive sustainable development.

The Annual Investment Meeting (AIM) is an initiative of the AIM Foundation, an independent international organization fully committed to empowering the world’s economy by boosting effective promotion strategies and facilitating opportunities for economic productivity and expansion.

The Foundation also undertakes the operation and management of the AIM Global Investment Network and its 15 affiliated Business Groups, including the supervision of the Annual Investment Meeting Global and Regional Chapters.…

Cooking oil prices began to go up in 2020 and the government should have empowered the farmers to grow crops that are used for oil production. Taking into consideration that some of these crops take less than five months to mature, there should never have been a crisis. 

Kenya’s case is unique. 

While it is not representative of what is happening in other African countries, it shows how poor planning and lack of sound policies can run down a country. As a country, this East African nation is well-endowed with natural resources. 

Kenya has adequate arable land and adequate water for irrigation. While rains are not reliable anymore, the country has the capacity to build dams and other water storage infrastructure to ensure that food production can go on unhindered. …

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The processing factory set up by Indesso may propel Tanzania to become the largest clove oil producer in Africa.

Aloyce Elia Kibiriti, the Chairman of the Msasa IBC village, said that representatives from Indesso camped in the area and chose their village to construct the proposed clove leaves-to-oil producing factory significantly for export to Indonesia.

Chairman Kibiriti added that they had already secured land for the project, saying it would create employment for the farmers who lost their farms after creating the Derema Conservation Corridor.…