For the construction of two solar plants this year the European Investment Bank will offer a Sh7.5 billion loan, underlining the growing interest by global organizations in financing Kenyan green projects.
Posted on : Tuesday , 13th February 2018
Kenya and East Africa as a whole have followed a long path in the exploration of oil and gas resources. On the back of soaring crude oil prices between 2004 and 2014, there was a rush of exploration interest in the region.
Posted on : Monday , 12th February 2018
The government of Kenya will soon rollout a gas cylinder programme to facilitate the affordability of the product to its citizens.
Posted on : Monday , 12th February 2018
Lordship Africa a prominent real estate development company has broken ground on what is planned to be the tallest private residential building in sub-Saharan Africa.
According to the developer, the 88 Nairobi Condominium in Upper Hill area features a 44-floor, high-end, dedicated residential condominiums designed.... Read more »
Posted on : Friday , 9th February 2018
State-run National Bureau of Statistics (NBS) said that faster growth in mining, natural gas and construction activities propelled Tanzania’s economy higher in the third quarter of 2017. East Africa’s third-biggest economy grew 6.8 per cent year-on-year in the third quarter compared with 6.2 per cent in the same quarter in 2016.
According to the NBS, Economic activities that have been boosted at significant rates were mining and quarrying, water.... Read more »
Posted on : Wednesday , 22nd August 2018
In a meeting of finance ministers from Rwanda and Tanzania on Monday in Dar es Salaam, Tanzania, consideration was given the finance matters regarding accomplishment of the two countries’ US $2.5bn joint 521 km Isaka-Kigali SGR (Standard Gauge Railway) project.
Posted on : Monday , 5th February 2018
Posted on : Thursday , 1st February 2018
The President, Uhuru Kenyatta said Africa has a huge potential for green energy generation and transmission that the private sector should take advantage of for good returns while at the same time boosting people's access to energy.
Posted on : Thursday , 1st February 2018
The Kenya Dental Association has joined forces with the Wrigley Foundation to dispatch a two-year programme that will see more than 20,000 grade school students gain access to free dental services in their respective localities.
Posted on : Wednesday , 18th April 2018
Posted on : Wednesday , 18th April 2018
The Government of Kenya has made plans to use more automation services at the Mombasa port in a bid to meet the rising demands at the port. According to statistics from the Kenya Ports of Authority (KPA), the port serviced 17.5 tonnes of cargo in a six month period in 2017. This is a substantial increase from the 15.7 million sum recorded in 2016.
Cabiniet Secretary, James Macharia, said that he expected the port is to receive more cargo, particularly with .... Read more »
Posted on : Wednesday , 18th April 2018
Java Group has set out on a development drive this year that will re-affirm their place as Kenya's number one chain of restaurants. This development drive will see them channel up to Sh 1 billion into their operations in East Africa.
Posted on : Wednesday , 18th April 2018
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