Savannah Cement which is the newest entrant into the cement market in Kenya is set to launch a special kind of cement technically known as Hydraulic Road Binder (HRB) to be used for stabilization of soils during road construction.
Posted on : Tuesday , 14th July 2015
Egyptian based cable make company El Sewedy Electric is set to construct a 50 MW solar power project in Upper sides of Egypt after getting into agreement with the country’s Energy ministry.
Posted on : Monday , 13th July 2015
African pension fund capital has reached $340 billion and is growing rapidly. In addition, increasing adoption of insurance around the continent is causing insurance company investment portfolios to grow, and they are now estimated to be around $270 billion. These figures come from the Bright Africa 2015 report, released today by RisCura, which looks at the drivers, enablers and managers of investment on the continent.
Posted on : Monday , 13th July 2015
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Construction of the Lake Turkana Wind Power project at Loiyangalani in Marsabit County, has kicked off with the inauguration by President Uhuru Kenyatta, last week.
Posted on : Monday , 13th July 2015
Kenya’s renewable energy sector is set for a boost in September when a solar microgrid company plans to become the country’s first licensed private utility to sell power to the public, ending a half-century monopoly by the State electricity firm.
Posted on : Monday , 13th July 2015
As part of plans to improve the working conditions of teachers, the government has disbursed over 13.9bn/- between 2009 and 2013 for construction of their houses.
This was revealed in the House by the Deputy Minister in the Prime Minister's Office (Regional Administration and Local Government ), Mr Kassim Majaliwa, when responding to a question posed by Mr Suleiman Nchambi Suleiman (CCM-Kishapu).
Mr Suleiman had sought to know government plans to improv.... Read more »
Posted on : Monday , 13th July 2015
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African governments should aim to increase power generation 10-fold to give all their people access to electricity by 2030, an effort that would require a big increase in investment focused on renewable energy, a panel of high-profile figures said.
Posted on : Friday , 10th July 2015
NAIROBI: A new mining law, which will give the Government a 10 per cent stake in new projects and aims to spur growth of the sector, should be in place by September.
Posted on : Friday , 10th July 2015
The head of the Dutch business delegation on a one-day visit to Africa, has told a Africa-Netherlands business dialogue that her investors have come to Africa to invest in the country's economy.
Posted on : Friday , 10th July 2015
The Africa Investment Promotion Commission has said not less than forty intending investors have besieged the Commission for guide about investing in the African economy in the last one month.
Posted on : Friday , 10th July 2015
The World Bank Group has set aside $100 million to help Tanzania increase transparency and accountability in governance and boost public financial management as the country ramps up a series of major infrastructure projects.
The bank said the “first-of-a-kind” ‘open government and public financial management development policy operation (OGPFM) in Tanzania, financed with credit from the bank’s International Development Association (IDA), aims t.... Read more »
Posted on : Friday , 10th July 2015
Dar es Salaam. The World Bank, which is one of the financiers for a $596 million (about Sh1.1 trillion) Dar es Salaam Port upgrade, said at the weekend that it is impressed by the ongoing improvements.
The World Bank is cooperating with the UK’s Department for International Development and TradeMark East Africa (TMEA) to inject a total of $596 million in the project of deepening and strengthening of berths 1-7, the dredging of the entrance channel and turning ba.... Read more »
Posted on : Friday , 10th July 2015
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