The cost of importing used motor vehicles into East Africa will go up by five per cent from next month after EAC ministers adopted new car importation and valuation rules.
Posted on : Tuesday , 14th July 2015
Kenya is a model investment destination in Africa, founder and CEO of the Virgin Group Sir Richard Branson said Saturday. Sir Branson made the remark when he led a group of investors in talks with President Uhuru Kenyatta at his Harambee House office. The meeting explored how to make the most of Kenya’s abundant potential for green energy.
Posted on : Tuesday , 14th July 2015
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Posted on : Tuesday , 14th July 2015
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
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