Seychelles has secured US$31mn in funding from Arab Bank for Economic Development in Africa (BADEA) and the Saudi Fund for Development to improve electricity network in the island nation
Posted on : Friday , 27th November 2015
Egypt’s renewable energy sector has a potential opportunity of around US$13bn for private sector financing over the next five years, according to industry reports
Posted on : Friday , 27th November 2015
African nation Togo has received a US$15mn World Bank IDA credit amount to strengthen its mining sector
Posted on : Friday , 27th November 2015
Khartoum – Ahmed Jibril Al-Amin, Lecturer at the University of Bahri, has said that Sudan holds oil reserves of 1.6 billion tons, with gas reserves of 6.5 billion cubic feet.
In his paper, (Carbohydrates resources in Sudan) at the UNCTAD conference on oil, gas and mining held currently in Khartoum, Al-Amin reviewed the primary components of basins producing oil and gas in Sudan.
The Secretary General of the United Nations Conference on Trade and D.... Read more »
Posted on : Thursday , 26th November 2015
Sameer Africa Group is planning to construct a 26,000-seater stadium in Kenya that will encourage the development of sports in that region. The stadium will be constructed in Nandi County.
Sameer Africa which is owned by Naushad Merali signed a Memorandum of Understanding (MOU) with Nandi County Governor Cleopas Langat on the construction of the stadium and the investment firm pledged to add more money to the infrastructural development of the county.
A.... Read more »
Posted on : Thursday , 26th November 2015
The World Bank is now calling for diversification on infrastructure funding in Ethiopia in a bid to finance its infrastructure projects to avoid heavy reliance on the state.
Posted on : Thursday , 26th November 2015
Kenya is now among top ten nations in regards to green power generation, a report released by Bloomberg New Energy Finance shows.
The 2015 Climatescope Index ranks Kenya sixth out of 55 countries that are investing in wind, solar geothermal and other renewable power generation worth US$126bn of investments.
Energy Regulatory Commission (ERC) also gave out a report that revealed that geothermal power consumption in Kenya went high and recorded 402..... Read more »
Posted on : Thursday , 26th November 2015
Kenya is now among top ten nations in regards to green power generation, a report released by Bloomberg New Energy Finance shows.
Posted on : Thursday , 26th November 2015
Nedbank Corporate and Investment Banking (NCIB) and the Development Bank of Southern Africa‘s Green Fund (DBSA) has partnered to construct 400 green houses in South Africa.
Posted on : Thursday , 26th November 2015
Massey Ferguson is introducing a new range of 50hp to 85hp tractors for select African and Middle East agricultural markets
The 50hp MF 345 two-wheel-drive (2WD), 75hp MF 375 (2WD) and 85hp MF 385 (2WD and 4WD) are set to be released early next year, while the longer wheelbase 50hp MF 350 (2WD), 60hp MF 355 (2WD) and 60hp MF 360 (2WD) will follow later in the year.
A choice of six Massey Ferguson matched implements, covering cultivation, planting and transport, will be.... Read more »
Posted on : Wednesday , 25th November 2015
Merck has kicked off its second Merck Africa Luminary Congress for the first time in Kenya, the congress aims to facilitate the discussion of the current state of health systems in Africa and the most urgent issues of their work.
During the inauguration of this year’s Merck Africa Luminary, Karl Ludwig Kley, Chairman of Executive Board and CEO of Merck emphasized, “We are pleased to engage with Kenya Ministry of Health and Government of Nairobi to improve .... Read more »
Posted on : Wednesday , 25th November 2015
Work on the second phase of Mombasa port’s second container is scheduled to commence in early 2017
Posted on : Wednesday , 25th November 2015
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