The renewable energy market is steadily growing in an African continent that can pride itself to possess in abundance a good mix of resources – sun, water, biomass and wind. Although far less uniformly distributed than the well documented solar resources, Africa with a large coastline still has one of the best potential for wind power production. Over the last decade, there has been a gradual decrease of the cost of wind power generation that is becoming very compe.... Read more »
Posted on : Thursday , 20th October 2016
Tanzania and Cuba commit to strengthening bilateral relations with focus on economic benefits and mutual cooperation.
The announcement was made on October 3rd 2016 by President John Magufuli during a visit of the Cuban Vice President, Salvador Valdes Mesa, to Tanzania.
Magufuli and Mesa discussed the various investment opportunities in Tanzania, especially in the pharmaceutical and sugar sectors.
For this, the Tanzanian President invited Cuban investors.... Read more »
Posted on : Thursday , 20th October 2016
Kenya is poised to become Africa's first mobile money economy, a newly-released study indicates based on the steady rise in cashless transactions for goods and services.
Posted on : Thursday , 20th October 2016
Member states of the Eastern and Southern Africa (COMESA) have been urged to enhance power generation capacity to support industrial growth and increase access by rural areas.
Posted on : Thursday , 20th October 2016
The Ministry of Health and Roche Kenya Limited are exploring additional areas of partnershipto lift the cancer burden in the country, after successfully signing a Memorandum of Understanding (MoU)last August.
Posted on : Thursday , 20th October 2016
South African mining investment company Armadale Capital (AIM:ACP) recently announced the preliminary discovery of high grade graphite at its Mahenge Liandu Graphite Project in south east Tanzania.
The discovery follows the recently commenced drilling program at Mahenge, which is continuing on site and is expected to be completed in 3 to 4 weeks.
William Frewen, Chairman of Armadale, said: “This preliminary discovery of high-grade coarse flake graphite mi.... Read more »
Posted on : Thursday , 20th October 2016
Since sometime in 2012 or earlier than that, there were reports of the government's move to supply natural gas to homes--with a pilot project to connect homes in Mikocheni and international hotels.
The move was followed by inauguration of a distribution pipelines connecting homes and the hotels, raising new hopes of accessing the crucial energy more cheaply.
Three gas distribution centres are in place since 2014; in Sinza, Mwenge and Man.... Read more »
Posted on : Thursday , 20th October 2016
The Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA) Investment Plc has posted a pre-tax 564.18M/-profit allowing it to invest in agro-processing industries in various regions.
Posted on : Thursday , 20th October 2016
The Kenya Electricity Transmission Company has contracted Chinese firm North China Power Engineering Company to construct a 96 kilometre power transmission line running between Isinya and Namanga at a cost of Sh2.6 billion.
This is part of the Kenya-Tanzania interconnector line that will hook Kenya’s national electricity grid to the Southern Africa Power Pool. The high voltage transmission line has a total length of 510km, of which 96km are in Kenya and about 414.... Read more »
Posted on : Thursday , 20th October 2016
Enel has connected an 88 MW wind farm to the grid in Nojoli, South Africa, and launched a rural electrification project with Liter of Light, to bring sustainable light and renewable energy to the streets of its surrounding villages.
Posted on : Thursday , 20th October 2016
Ethiopia and Djibouti have launched the first fully electrified cross-border railway line in Africa.
Posted on : Wednesday , 19th October 2016
The government of Rwanda considers mining sector as key in the country development, the sector is now second largest contributor to national economy after tourism. Rwanda Natural Resources Authority considers the Mining sector as greatest opportunity for the country’s economy. In order to promote good practice in mining the department of Mining organized a five days training for mining professionals that took place in Eastland Hotel, Kayonza district. The training focuse.... Read more »
Posted on : Wednesday , 19th October 2016
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