Kenyan finance minister Henry Rotich said Tuesday the initial exportation of 2,000 barrels of crude oil from Kenya in January 2017 would be an initial stage until the country completes the construction of an oil pipeline.
Posted on : Wednesday , 26th October 2016
Kenya is pushing to increase its market share for coffee in the United States (US) as a means of improving the global visibility of the local commodity.
Posted on : Wednesday , 26th October 2016
China's investment into Africa continues to rise, with a significant increase so far in 2016 on last year's total, reports Simon Curtis. According to greenfield investment monitor fDi Markets, China-sourced capital expenditure into Africa has experienced a dramatic increase in 2016 from 2015 figures, with five months of data to record and publish remaining. Additionally, the number of investment projects into Africa up to July 2016 has increase by 515 percent from full-year 20.... Read more »
Posted on : Tuesday , 25th October 2016
Well-designed shoebox living spaces are a growing trend globally. In Kenya, developers and architects are turning containers into small luxury residences, which can be repurposed into magical pool houses, offices or homes.
Posted on : Tuesday , 25th October 2016
FASTJET Chief Executive Officer (CEO), Mr Nico Bezuidenhout has urged travel agencies to offer more affordable air travel so as to enable entrepreneurs, tourists and other visitors to travel within Africa and boosts the continent's economy.
Posted on : Tuesday , 25th October 2016
The Japanese company has revealed that it is setting up a subsidiary in the East African country, with plans for a solar panel assembly plant.
Posted on : Tuesday , 25th October 2016
Llangennech-based Hydro Industries officially opens a treatment plant, which it has designed and manufactured, in Sudan on Saturday.
It will deliver 8.5 million litres of water to 82 villages every day.
Posted on : Tuesday , 25th October 2016
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Huhtamaki PPL Limited (formerly The Paper Products Ltd), a part of the Finland-based Huhtamaki group that provides consumer and specialty packaging solutions, plans to invest about Rs 65 crores for expansion and modernisation projects for its flexible packaging and labels businesses in the North East region. While the company will set up a flexible packaging plant in Assam, its subsidiary, Webtech Labels Pvt Ltd, will build a production facility for labels in Sikkim.
Posted on : Tuesday , 25th October 2016
Arusha — The National Social Security Fund (NSSF) has unveiled a catalogue of major investments it plans to execute in the near future.
Posted on : Tuesday , 25th October 2016
Africa is home to some of the world's fastest-growing economies, with many of them relying on oil for foreign exchange.
Posted on : Tuesday , 25th October 2016
In Africa 60 million people are using off grid solar panel systems for cheaper, cleaner and more reliable energy.
Posted on : Tuesday , 25th October 2016
To develop skills and knowledge in sustainable development and mining, the African Development Bank (AfDB) has granted R4.2-million to an initiative run by the South African government and the University of Cape Town (UCT).
Aimed at helping turn the minerals extraction and beneficiation industries into a force for sustainable development in the country, the grant was made from AfDB’s Middle Income Country Technical Assistance Fund.
Posted on : Tuesday , 25th October 2016
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