Kenya is set to become a hub for intra-regional trade in Africa, according to a new report from Frost & Sullivan. An estimated $55.6 billion in investments in infrastructure development for Kenya is planned, the majority of which will focus on telecommunications and power generation infrastructure, according to the report.
Posted on : Thursday , 3rd September 2015
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Earnings generated from the cattle sale at the Pugu Auction market increased to 2.45bn/- last week from 2.36bn/ of the previous period.
Posted on : Wednesday , 2nd September 2015
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NAIROBI: The Government will set up a powerful entity to protect critical infrastructure against threats such as terrorism, espionage and sabotage.
Posted on : Wednesday , 2nd September 2015
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The Dar es Salaam Stock Exchange (DSE) experienced high traffic from both local and foreign investors resulting into a turnover of 29.89bn/- compared to 1.74bn/- of the previous week.
Posted on : Wednesday , 2nd September 2015
EXIM Bank Tanzania has signed a USD 20 million (about 42bn/-) loan pact with Germany’s private enterprise lender, Deutsche Investitions und Entwicklungsgesellschaft MBH (DEG) to support small and medium-sized enterprises (SMEs).
Posted on : Wednesday , 2nd September 2015
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The government has leased 22 micro-power projects to private investors, a move aimed boosting the country’s power generation capacity.
Posted on : Wednesday , 2nd September 2015
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Road construction in Ethiopia will now be dominated by the government after Ethiopian Road Construction Corporation (ERCC) rolled out a business plan to boost its market share in road construction to 50%.
Posted on : Wednesday , 2nd September 2015
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Shanzu Beach Resort is set to construct a new block of apartments at the Kenyan Coast in a bid to boost their high end property development.
Posted on : Wednesday , 2nd September 2015
A tender for the construction of the US$ 4bn Kenya-Uganda pipeline that is expected to cover 1,500km is set to be announced before the end of this year.
Posted on : Wednesday , 2nd September 2015
Intra-African trade increased by 50 per cent to $61 billion between 2010 and 2013, according to recent data released by the African Development Bank.
Posted on : Tuesday , 1st September 2015
Namibia’s Information and Communication Technology Minister Tjekero Tweya and South Africa’s Communications Minister Faith Muthambi this week formulated a coordination arrangement regarding the countries’ respective digital terrestrial television migration projects. Print Send to Friend The cooperation and coordination arrangement would see a joint task team established to mitigate the potential cross border interference between the two countries and enhance .... Read more »
Posted on : Tuesday , 1st September 2015
Kenya expects 20 companies to start investing about 8 billion shillings ($80 million) immediately in the African nation's textiles industry after the renewal of a deal offering access to the U.S. market, its industrialisation minister said.
Posted on : Tuesday , 1st September 2015
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