We want to build a strong and distinctive brand for our Chinese

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We want to build a strong and distinctive brand for our Chinese

Postby jinpanlin520 » Thu Jun 14, 2018 9:28 am

KAMPALA Women's Montae Nicholson Jersey , Dec. 18 (Xinhua) -- A second half strike by Emmanuel Egama was enough to give hosts URA FC a 1-0 win over Tanzania League Champions Azam FC in an International friendly match played here on Wednesday.

The Burundian came on Frank Kalanda and finished off with his first touch strike in the 50th minute in-front of a small crowd at the Philip Omondi Stadium in Lugogo. Augustine Nsumba played a pivotal role for URA FC, while new recruit Pascal Yaya was instrumental for Azam FC.

"I am happy that we played good football and won the game which is a good build-up as we prepare for League games and the 2015 CAF Confederations Cup Women's Samaje Perine Jersey ," URA FC coach Alex Isabirye told Xinhua in an interview after the game.

Newly signed Uganda Cranes midfielder Brian Majwega also came on in the second half for Azam FC, but the team failed to get any goals. Azam FC who are preparing for League games back in Tanzania and the 2015 CAF Champions League will play another build-up game against Ugandan League champions KCCA FC on Saturday.

George Nsimbe Women's Fabian Moreau Jersey , Azam FC's assistant coach said they will have to improve in scoring goals because they create lots of scoring chances. Nsimbe was last month recruited from Uganda League Champions KCCA FC who he led to winning the League title for the last two seasons.

NAIROBI, Oct. 25 (Xinhua) -- Kenyan finance minister Henry Rotich said Tuesday the initial exportation of 2,000 barrels of crude oil from Kenya in January 2017 would be an initial stage until the country completes the construction of an oil pipeline.

"We plan to do an early oil export," the Cabinet Secretary told a news conference in Nairobi, during the launch of an International Monetary Fund (IMF) Regional Economic Outlook. "We will begin to get some revenue. We need to recover the sunk costs of the exploration."

Rotich said the initial sale of crude oil from Kenya was happening at an opportune moment when the country has developed a fully diversified economy, which generates income from various sectors.

Kenya has been planning to construct an 865-km oil pipeline from the oil exploration fields in Lokichar, in Turkana, northern Kenya, to the Indian Ocean port of Mombasa.

The oil pipeline was initially meant to connect Kenya-Uganda, but Kampala decided to re-route the pipeline to Tanzania.

"We are starting with a diversified economy. We have learnt lessons from countries which have done the same. We are making efforts to set up the relevant institutions to manage the oil revenue," Rotich said.

During the launch of the IMF Regional Economic Outlook in Nairobi, the IMF projected the oil shock will hit the African economy, cutting growth to a 23-year low of 1.4 percent.

In February, the British oil exploration firm, Tullow, which has discovered oil in Kenya, gave 150 million U.S. dollars to the Kenyan and Ugandan governments for the development of the oil sector.

Rotich said although the quantity of Kenya's oil exports was still low, they were likely to increase with the completion of an oil pipeline.

"We will discover more and drill more as we work towards the oil pipeline. We are also discussing how to proceed with these plans," Rotich said.

Meanwhile, Africa's oil exporting countries, mainly Angola, Nigeria and Equatorial Guinea, reported a huge dip in national incomes as a result of the low oil prices internationally.

Abebe Selassie, the Director of Africa Department at IMF, said the impact of the oil shocks in Africa was being felt through poor private sector spending and low demand for commodities.

South Africa, which has been leading the economic growth in Africa, has equally suffered from the oil and commodity shocks in recent months.

In Equatorial Guinea, IMF reported earnings from the oil sector dropped to between 30-40 percent of the Gross Domestic Product (GDP).

Abebe said the drop in oil prices was to blame for the poor economic performance.

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