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NTPC- Indian Giants Set to Debut at the 7th edition of Power and Energy Africa 2018 In Kenya.

 NTPC the top power company of India with a commissioned capacity of 53,651 MW plans to become a 130 GW company by 2032. It feeds a fourth of India's electricity needs or as they say "NTPC lights up every fourth bulb in the country". Having operations that match global standards, has led to it being known as one of the most efficient power companies in India. This well renowned company is participating at the 7th edition of Power and Energy Africa 2018 in Kenya at the.... Read more »

Posted on : Wednesday , 25th April 2018

KURA building footbridges at Sh880 million aimed at public safety

The newly upgraded Outer Ring Road in Eastlands will now boast of 11 footbridges the construction of which is currently underway  KURA chief corporate communication officer John Cheboi yesterday said the Chinese firm Sinohydro Tianjin Engineering Limited will construct the footbridges at a total cost of Sh880 million. The company has started putting up the footbridge at Baba Ndogo area and sources said that the process will continue until all are finished. KURA is also taking.... Read more »

Posted on : Thursday , 19th April 2018

Nissan's Latest Auto-Manufacturer to Target Market in Kenya

Nissan Motor Co. Ltd. will soon begin assembly-operations in Kenya. This comes as a major boost the local administration which aims to make the country, East Africa’s hub for auto-manufacturing activities. A goal that remains very realistic due to Kenya’s strategic location in the regions and the dependence of neighboring nations on its economy. The Japanese giants are only the newest name in a long list of international auto-giants targeting the auto-market in Kenya.... Read more »

Posted on : Wednesday , 18th April 2018

Volkswagen Set to Begin Assembly Operations in Rwanda this May

German-based automotives giants Volkswagen AG announced that the company will soon begin assembling activities at their newest plant in Rwanda in May. The vehicles assembled at this plant will be put up for sale locally and will also be used for Volkswagen’s very own new ride-sharing service. An estimated amount of $20 million is said to have been spent on this new facility in Rwanda. This facility is only a small piece of the company’s broader goal of achieving a bigger.... Read more »

Posted on : Wednesday , 18th April 2018

Tamarind Group Opens New Hotel in Nairobi

The Tamarind Group has opened a new hotel in Kenya’s capital city Nairobi; it is estimated to be worth approximately Sh1.2 billion in an attempt to capture a growing market in Kenya that has seen stark rise in foreign tourist numbers and business-persons flocking to the nation’s capital. Martin Dunford, the group chairman provided further details about the funding of the project and said that the funds would be in the form of debt and equity. Dunford went on to announce.... Read more »

Posted on : Wednesday , 18th April 2018

UAE's Rotana Group Expanding into Tanzania

Renowned UAE based hotel group, Rotana Hotel Management Corporation is preparing to venture into the hospitality markets in Tanzania with a brand new hotel located in Dar-es-Salaam. This project is highly anticipated; it is expected to be a 30 floor construction and will be located in the commercial hub of Tanzania, Dar-es-Salaam.   Rotana is a market leader in the Middle East and is now turning its attention to expansion projects outside UAE with projects in East Africa taking.... Read more »

Posted on : Wednesday , 18th April 2018

Kenya Slashes Power Tariffs for State-Owned Solar Farm by Half

 Energy Regulatory Commission Director-General Pavel Oimeke said “Kenya cut its fixed-price purchase contract for a state-owned 50-megawatt solar plant by half because the project was financed using concessional funds”   The East African nation, which has an electricity supply deficit, is boosting production from renewable sources including geothermal and wind as it cuts reliance on expensive diesel-powered plants.   The farm being developed by the Rural.... Read more »

Posted on : Thursday , 12th April 2018

KOPA Solar Secures New Round of Funding

 KOPA Solar has secured a new round of funding that will be used to extend their presence across Africa.   According to ITWebAfrica, The investment amount, which is undisclosed, includes a first-ever $10 million investment from FinDev Canada.   Led by U.K. government-owned investment company CDC, a previous investor in the Kenyan company which has now committed an additional $7 million, the round includes follow-on investments by existing shareholders Generation.... Read more »

Posted on : Wednesday , 11th April 2018

India's Trivitron Healthcare Planning for Expansion in East Africa

Trivitron Healthcare, one of India’s most promising medical technology companies has entered into a partnership with a private equity firm named Investment Funds for Health in Africa (IFHA) with a view to maximize their business efforts in East Africa. The firm has impressive portfolio and is supported by companies such as International Finance Corporation.   The company will be tasked to provide medical devices, turn-key solutions, engineering support and after- sales.... Read more »

Posted on : Wednesday , 18th April 2018

BUILDEXPO AFRICA 2018 - 03 - 05 May 2018 | KICC , Nairobi, Kenya

Kenyatta International Convention Center ( KICC ) is gearing up to host its largest annual event, the 21st edition of Buildexpo Africa to be held from May 3 to 5. The show catering to the construction industry is spread over the entire indoor and outdoor area of KICC with exhibitors participating from 40 countries. According to the organizers, Buildexpo  has grown in several aspects in 2018. The visitor registrations are much higher including top industry professionals such as.... Read more »

Posted on : Saturday , 7th April 2018

Kenya- Unilever Tea to install 600kW solar power plant

 By mid-2018, the plant is expected to start producing power with Unilever to pay monthly power bills generated by Cross Boundary Energy who will finance and operate the plant for 15 years.   The solar plant is the first commercial and industrial power purchase agreement for the company in Africa and is expected to deliver substantial savings on power costs and reduce its carbon emissions by over 10,000 tonnes over the plant’s 30-year lifetime.   Managing.... Read more »

Posted on : Friday , 6th April 2018

Nairobi residents welcome the construction of a new and modern hospital

A resident demand has been finally met bearing fruits in the form of a mega US $9m private hospital which is set to be constructed in Nairobi’s Muthaiga North area. Located off Kiambu Road the project will comprise of a 100-bed private hospital with a fully equipped gym, a therapy pool and an aerobics centre. Investors also believe that this will improve the area’s value as an investment destination. The residents’ association of the affluent neighborhood filed a.... Read more »

Posted on : Thursday , 5th April 2018



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