The Rise of New Forests in Africa: Implications for the Timber Industry

Posted on :Thursday , 5th December 2024

New Forests, a global investment manager of nature-based real assets and natural capital strategies, has appointed Kenya-based Yida Kemoli as managing director of Africa operations to further tap into the country's vast resources, including forests and timber.

Mr Kemoli will be responsible for driving the strategy for the company's African business, fundraising for African forestry strate. . .

Ethiopian Industrial Development Corporation Signs MoU with Renowned Chinese Furniture Firm

Posted on :Tuesday , 5th November 2024

The Industrial Parks Development Corporation of Ethiopia (IPDC) has recently entered into a Memorandum of Understanding (MoU) with Aniy Furniture PLC, a Chinese firm known for its expertise in modern office furniture manufacturing. Under this agreement, Aniy Furniture will establish a production facility within the Bole Lemi Industrial Park, focusing on manufacturing contemporary office furnitu. . .

Kenya Emerges as a Central Hub in the Plywood Trade under China's Belt and Road Initiative

Posted on :Monday , 14th October 2024

China and India are increasingly targeting Kenya's Blue Gum tree plantations, sparking a rise in timber processing plants producing veneers. These operations are expanding rapidly post-pandemic. According to The Nation, Africa's largest independent media outlet, Chinese and Indian nationals are competing in veneer processing in several Kenyan regions, including Chepseon, Bungoma, Kisii, Isiolo,. . .

The Tatu Woodworks Is Launched In Tatu City, Kenya.

Posted on :Friday , 5th April 2024

Tatu Woodworks, a custom business that specialises in joinery services that meet European standards, has started operating at Tatu City, a 5,000-acre mixed-use Special Economic Zone (SEZ) close to Nairobi. The company will provide turnkey solutions for homeowners, developers, architects, and interior designers, ranging from idea and design to joinery, thanks to its extensive technical skills an. . .

Encouraging sustainable wood in Kenyan green construction for resilient, low-carbon development

Posted on :Tuesday , 5th March 2024

When environmental services are taken out, the forest sector accounts for 3.6% of Kenya's GDP1, which is a significant contribution to the country's socioeconomic development. The industry provides non-timber forest goods and services, such as wood fuel, to both urban and rural populations. At the moment, the industry supports up to 50,000 direct jobs and about 600,000 indirect jobs. Compared t. . .