Mega infrastructure projects are planned for East Africa and are set to create unique opportunities and open new markets in Kenya, Uganda and Ethiopia. Industry sectors expected to benefit from the planned infrastructure developments include oil and gas (O&G), mining, agriculture, and retail.
Posted on : Thursday , 3rd September 2015
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
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