Pan-African development website ElicitAfrica.com reports Investec made the acquisition through its African private equity capability. The move will see the asset management service partner with Mobisol, a well-established solar power provider to low income households in Tanzania and Rwanda. The company is currently also entering the Kenyan market.
Posted on : Thursday , 6th October 2016
Off-grid power solutions, including renewable energy sources, will play an instrumental role in the country's rural electrification programme.
Posted on : Thursday , 6th October 2016
Chinese-built Ethiopia-Djibouti railway officially starts operation on Wednesday, setting a milestone as Africa's first electric railway.
Posted on : Thursday , 6th October 2016
Despite the fact that I am aware of diverse views on the subject of two newly acquired Air Tanzania Limited 76-seater Bombardier Q400 commercial aircraft of Canadian make, each of us has a duty to reason what we believe about the prospects of coming back of long-gone glory days under this government led by President John Pombe Magufuli.
Posted on : Thursday , 6th October 2016
Black Rock Mining Ltd (ASX:BKT) has increased its total Mineral Resource by 24% to 162.5 million tonnes at 7.8% total graphitic content through infill drilling within the Mahenge project in Tanzania.
Posted on : Thursday , 6th October 2016
Dar es Salaam — As the government is set to launch a biotechnology plant for manufacturing products that kill mosquito larvae by the end of this year, the government will construct a pharmaceutical company to reduce the importation cost.
Posted on : Thursday , 6th October 2016
Marriott International continues its robust expansion across the African continent with news of brand-new signings of new properties in Cape Town, Nairobi, Cairo and Mauritius. This announcement comes hot on the heels of Marriott's recently completed acquisition of Starwood Hotels and Resorts, which has created the world's largest hospitality. The transaction has increased Marriott's distribution in Africa, thus affirming the company's number one position across the continent..... Read more »
Posted on : Thursday , 6th October 2016
President Uhuru Kenyatta on Wednesday said the government has introduced a crop insurance scheme to cushion farmers from adverse weather conditions.
Posted on : Thursday , 6th October 2016
In its quest to strengthen bilateral economic ties between Dubai and Kenya, the Dubai Chamber of Commerce and Industry-led business delegation met Uhuru Kenyatta, President of the Republic of Kenya, during their current visit to the strategic East African country.
Posted on : Thursday , 6th October 2016
Cement makers are exploring opportunities for alternative building materials with a view to diversifying their product offering in a bid to stay afloat in the competitive industry, a top official said yesterday.
Posted on : Thursday , 6th October 2016
Hashi Energy Holdings has inked a lucrative Sh14.18 billion ($140 Million) partnership deal with Dubai's business group S.S. Lootah International.
Posted on : Thursday , 6th October 2016
THE Zambezi Protocol was developed on the banks of the river of that name at a meeting hosted by former Nigerian president Olusegun Obasanjo. Its opening lines state: "Africa’s mining sector is in crisis. At its root is a lack of trust between mining companies, governments and, indeed, the very nations they lead. A failure to tackle the crisis will result in serious, adverse implications for both economic growth and employment prospects at the moment when the contin.... Read more »
Posted on : Wednesday , 5th October 2016
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