Kenya has secured commitments amounting to billions of shillings from American companies to increase power production and finance infrastructure projects.
Some of these projects have already been initiated.
President Uhuru Kenyatta said the commitments were secured during a morning meeting with the American companies under the umbrella Business Council for International Understanding (BCIU).
He said Africa was the continent in focus for i.... Read more »
Posted on : Tuesday , 29th September 2015
The lead manufacturer of paints, Crown Berger Kenya has unveiled new products to bring in the fast and ever growing technology improvements in construction industry. One of the products launched is a colour mobile application for efficient products and service delivery.The first product is a water repellant paint referred to as the ultra guard silicone paint. One of its unique features is that it can withstand extreme weather conditions, combines a self-cleaning characteristic.... Read more »
Posted on : Monday , 28th September 2015
China Road and Bridge Corporation (CRBC) in conjunction with Kenya Railways Corporation have entered into an agreement to expand the Standard Gauge Railway line. The railway line that is being built from Mombasa to Nairobi will be extended to Naivasha town, some kilometers away from Nairobi. The commercial treaty will give way for construction of phase two of the SGR project connecting Olkaria industrial park in Naivasha to Nairobi and the port of Mombasa to ease flow of goods.
Read more »
Posted on : Monday , 28th September 2015
Ethiopia government has promised a “bright future” for foreign investors in the country’s mining sector.
Ethiopian Minister of Mines Tolesa Shagi on Friday called on development partners to join the country’s efforts in boosting the mining sector development for mutual benefit.
Speaking at a two-day international mining conference in Addis Ababa, the minister explained Ethiopia’s mineral and petroleum potentials as well as .... Read more »
Posted on : Monday , 28th September 2015
A Tanzania Private Sector Foundation (TPSF) consultant, Dr Halima Noor, told a news conference during a high level policy dialogue for rice value chain stakeholders that Tanzania was not utilising her potential in producing and selling rice in East Africa.
"Something should be done now in this important rice sub sector," she said in Dar es Salaam over the weekend. Tasked by TPSF, Dr Noor presented a paper titled 'A Policy Scoping Study on Improving Rice Expo.... Read more »
Posted on : Monday , 28th September 2015
East Africa has its first boutique Insurance Intermediary Company set up to provide niche and specialist insurance solutions to oil and gas exploration firms and their contractors.
Underwriting Africa whose headquarters are based in Nairobi has among its Reinsurance Partners Swiss Re with other brokerage partners in London and Paris.
On the oil and gas front the company will fill a gap that has been void in the local space allowing the importation of sp.... Read more »
Posted on : Monday , 28th September 2015
The Kenya & East Africa Management Services Company (KEAMSCO), working in partnership with the Kenya National Chamber of Commerce & Industry (KNCCI) will be hosting the inaugural LAPSSET Global Investment Conference in Nairobi on October 26th to 29 2015.
The theme of the conference is Building Africa’s transformative & game-changer Infrastructure towards delivering a Just & Prosperous Kenya.
The LAPSSET Program is by far Africa&rsq.... Read more »
Posted on : Monday , 28th September 2015
Lighting Africa – Ethiopia, a World Bank Group program aimed at accelerating the development of the market for off-grid solar lighting products in Ethiopia, today launched a Consumer Education Campaign in Ethiopia highlighting the benefits provided by modern, quality off-grid lighting, and assisting them in making informed purchasing decisions.
Posted on : Saturday , 26th September 2015
Ethiopia on Sunday inaugurated a modern rail project that has been constructed by the China Railway Group (CREC) in the capital of the east African country. The electrified Addis Ababa Light Rail Transit (AA-LRT) is the first light railway on the African continent with two lines of a total length of 34 km.
Posted on : Saturday , 26th September 2015
Roads are an integral part of the transport system. They account for more than 90 per cent of all passengers and goods transport in the country.
Our Staff writer Chaby Barasa who recently accompanied CCM Union presidential candidate Dr John Magufuli on a campaign trail in several regions, revisits the crucial role road transport is playing in spearheading economic development in the country. "If you have roads, you have wealth."
The quotation .... Read more »
Posted on : Saturday , 26th September 2015
The Ghana Gas Company says it is upgrading its infrastructure to enhance the capacity to receive all the gas from the Jubilee Field for processing.
The development is expected to help improve the country’s current energy challenge.
Speaking to Joy Business about concerns that excess gas may have to be flared due to the lack of capacity, Chief Executive Dr. George Sipa Yankey differed.
He emphasized that Ghana Gas has more capacity t.... Read more »
Posted on : Saturday , 26th September 2015
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