The construction of a new and broader pipeline in western Kenya costing $57 million raises hope for more reliable supply of fuel for domestic use and export.
Posted on : Saturday , 20th June 2015
Kenya and Uganda could decide by mid-July on the route for a crude pipeline linking their newly found oil fields to the Kenyan coast, a vital step for oil firms to make a final investment decision, a senior Kenyan ministry official said.
Posted on : Friday , 19th June 2015
The budget which is a 17 per cent increase from that of the fiscal year 2014/2015 is expected to strike a balance between support for rapid economic and inclusive growth. The government is anticipating the economy to grow by 7 per cent this year bolstered by low global oil prices and it infrastructure projects. Kenya is emerging as one of East Africa’s developing hubs mainly because of its firm growth largely due to its infrastructure investments. The country has been dr.... Read more »
Posted on : Tuesday , 16th June 2015
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Shortage of commercial and office space in the City of Kigali could soon reduce following plans to construct a 10-storey building at the site that was previously occupied by the Kigali Business Centre (KBC).
The works on the Rwf17 billion project will start in August, Janviere Mporanyi, the Kigali Business Centre (KBC) managing director, has said.
The project, adjacent to the Kigali Convention Centre, and opposite Kigali Heights, is loca.... Read more »
Posted on : Tuesday , 16th June 2015
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According to environmental experts, the initiative could help cut government expenditure and also ease the pressure on the environment.
Posted on : Tuesday , 16th June 2015
Orca Exploration has announced that it is proceeding with the first phase of the Songo Songo development programme following World Bank board approval of the International Finance Corporation financing.
Posted on : Tuesday , 16th June 2015
Speaking to parliament Tanzania’s Minister of Energy and Minerals, George Simbachawenen, revealed that the country’s 532-km pipeline connecting offshore natural gas fields to the country’s commercial capital Dar es Salaam will be ready for commissioning in September. He said gas processing plants currently under construction will be ready at that time also.
Posted on : Thursday , 11th June 2015
CCM has encouraged coffee farmers to seek good prices of the crop from the neighbouring countries particularly Uganda where buyers are ready to offer 5,000/- per kg.
Posted on : Wednesday , 10th June 2015
The Board of Directors of the African Development Bank (AFDB) approved to grant USD 70.5 Million to finance the Tanzania Power Sector Reform and Governance Support Programme (PSRGSP).
Posted on : Tuesday , 9th June 2015
Tanzania has increased its estimated recoverable gas resources to 55.08 trillion cubic feet from the 53.2tcf estimate in October according to the country’s energy and minerals minister George Simbachawene.
Posted on : Monday , 8th June 2015
Tanzania in conjunction with a Chinese company is set to construct a 2,561 km standard gauge railway at a cost of US$ 7.6bn. The railway line will connect the Dar es Salaam port to land-locked countries and hence enhance the economy of the country.
Posted on : Thursday , 4th June 2015
GENERAL Electric (GE) is seeking to more than double revenue from Africa to as much as $10bn over the next five years as it targets power, health and locomotive opportunities in countries including Nigeria and Ethiopia.
Posted on : Thursday , 4th June 2015
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