The State of Energy in Africa

 Africa: a continent of vast natural resources is a continent woefully short of electricity. According to Mckinsey Global Institute's February 2015 report "Brighter Africa The growth potential of the Sub-Saharan electricity sector", access to electricity and the ability to consume electricity are two of the most crucial metrics that indicate the degree to which the power sector is supporting national development and the economic growth of a country. South Africa, the.... Read more »

Posted on : Friday , 25th November 2016

Tesvolt and Africa Green Tec to provide solar power to 250,000 Malians

 Reliable storage system partner for development project   Torsten Schreiber, Founder and Managing Director of Africa Green Tec, says: “For our project in Mali, we needed a reliable supplier of high-performance energy storage systems. Tesvolt shares our commitment to the decentralised, green and reliable provision of energy. And they already have a great deal of experience with the established inverter technology of the global leader SMA Solar Technology. That sealed.... Read more »

Posted on : Friday , 25th November 2016

India and Japan look to African oil and gas for energy security

 Dr Anil Bhandari, an independent consultant and former director of exploration for ONGC, said that India currently produces 2.3 per cent of the world's total energy but 17 per cent of its crude oil imports, essential for meeting energy security needs across multiple sectors, come from Africa. Additionally, Angola and Nigeria are leading exporters of gas to India. India is also investing in hydrocarbons projects elsewhere on the continent, with interests in Libya, Sudan, South.... Read more »

Posted on : Friday , 25th November 2016

Australian Company Granted License for Chilalo Graphite Project

 The Tanzanian Ministry of Energy and Minerals recently granted a 10-year mining license to Australian resource company Graphex Mining (ASX:GPX) for the Chilalo graphite project in south-east Tanzania. The mining license has been granted for a period of 10 years and covers an area of 10sq. km (the Shimba graphite deposit at Chilalo). Phil Hoskins, Managing Director of Graphex, said: “Securing the mining license is a significant step towards our objective of commencing.... Read more »

Posted on : Friday , 25th November 2016

Tanzania: Fertiliser Price Regulation Step in Right Direction

 Agriculture is the mainstay of the Tanzanian economy, employing about 72 per cent of the workforce and contributing up to 80 per cent of export earnings and over 90 per cent of all food requirements.   Low productivity and poverty are two glaring features of the sector which is dominated by small-scale farmers and is mainly rain-fed and therefore, vulnerable to weather vagaries.   It is difficult to tell exactly what comes first between low productivity and poverty.... Read more »

Posted on : Friday , 25th November 2016

How Africans view Chinese investment

 Strategic collaboration with Africa has become a priority in the global North, East, and West. Powers that once saw the African continent primarily as a source of raw materials now focus on “partnership” and “development,” following the lead of the U.S. African Growth and Opportunities Act (AGOA) in highlighting mutual benefits of investment and trade. China, in particular, has rapidly increased its ties to the continent in recent years, with the Forum on.... Read more »

Posted on : Thursday , 24th November 2016

Retired Kenilworth dentist gets help to improve Ethiopian dental clinics

 A retired Kenilworth dentist who set up dental clinics in Ethiopia two years ago is now receiving help to improve them from her financial mutual.     Jane Innes-Rees has helped set up a university dental unit in the city of Mekelle and clinics in rural areas of the Tigray region since 2014, one of the worst affected areas hit by the famine and civil war in the 1980s.   Jane is a member of financial mutual Wesleyan, and has now invited the company’s.... Read more »

Posted on : Thursday , 24th November 2016

Fresh-baked ideas and packaging for SASKO flour

 Just Design uses their packaging expertise to build on the successful SASKO bread upgrade, leveraging the brand's position across the local retail space.   Big brands often face the challenge of balancing longstanding history and recognition with trying to remain relevant for modern consumers. When it comes to flour in South Africa, there are a few big names that dominate the category. They all have heritage. So, how could SASKO revamp the flour segment to secure a place.... Read more »

Posted on : Thursday , 24th November 2016

Global industry needs to continue embracing green approach: UNIDO chief

 Global industry needs to continue embracing a green approach and not repeat old ways, Li Yong, the chief of UN Industrial Development Organization (UNIDO) told Xinhua in an interview.   On the occasion of UNIDO's 50th anniversary, Director General Li Yong said his focus was promoting the industrialization of developing countries to achieve goals set in the UN 2030 development agenda.   "Now the new mandate of UNIDO is inclusive and sustainable industrial.... Read more »

Posted on : Thursday , 24th November 2016

Why real estate is the best performing asset class

 Some analysts have previously said there is a bubble in Kenyan real estate sector. But when will it burst? Business Beat spoke to Cytonn Investments Chief Investment Officer Elizabeth Nkukuu, who paints a different picture saying real estate is the best performing asset class delivering on average a return of 25 per cent. Real Estate seems to be the primary investment solution Cytonn is offering, why? Real estate has been one of the best performing asset class in the region.... Read more »

Posted on : Thursday , 24th November 2016

Kenya: Pioneer Brings New Line of in-Vehicle Audio Experience to Kenya

 Pioneer Electronics, a leader in after market car electronics has introduced a new range of in-vehicle infotainment products in Kenya. According to the company, this move will enhance motorists experience and further boost its market share.   The new products include two new AV recievers aimed at enhancing in-vehicle connectivity and entertainments. Also announed are in-car recievers based on new hardware platforms to enable more advanced features and enhanced audio.... Read more »

Posted on : Thursday , 24th November 2016

Tanzania to Benefit from USD194m EAC-US Grant Agreement

 The US will grant USD194m to the East African Community (EAC) to improve regional integration in the EAC member states, which include Tanzania, Burundi, Kenya, Rwanda, Uganda, and South Sudan. The grant agreement was signed by representatives of the US Agency for International Development (USAID), on behalf of the US Government, and the EAC, at the EAC headquarters in Arusha, Tanzania on November 16th, 2016. Under this agreement, the EAC and the United States will work.... Read more »

Posted on : Thursday , 24th November 2016