NAIROBI (Thomson Reuters Foundation) - Kenya is moving to boost its solar energy capacity, with a new plant now under construction aiming to start producing electricity for the national gri.... Read more »
Posted on : Friday , 23rd January 2015
Norwegian paint maker, Jotun, has announced a Shs250million investment in Kenya as it strives to increase its market presence and grow its business in the country and East Africa region.
Read more »
Posted on : Friday , 23rd January 2015
China and Kenya have agreed to extend their ‘industrialisation partnership’ with a new focus on technology transfer and more Chinese involvement in infrastructure development.21 Jan 2015
Posted on : Friday , 23rd January 2015
Today Kenya is ranked as a middle income country with a Gross Domestic Product in excess of US$50 billion becoming the fourth largest economy in Sub-Saharan Africa behind Nigeria, South Africa and Angola. These three countries have massive natural resources. Kenya is joining this league with several oil and natural gas drills yielding fruits. Kenya is on the global map as a favourable investment destination in Africa.
Posted on : Friday , 23rd January 2015
Project in Uganda also involves steel production, plants making fertiliser and acid, a power plant and more
Posted on : Friday , 23rd January 2015
Kenya’s raw sugar production is expected to rise 4% to 617,039 tonnes in 2015, buoyed by extra factory capacity and improved supply of cane, the industry regulator said on Wednesday.
Posted on : Friday , 23rd January 2015
The number of new cars sold in Kenya jumped 18 percent last year and is expected to grow further this year, reflecting middle-class demand and growth in sectors such as construction, the industry association said on Wednesday.
Posted on : Friday , 23rd January 2015
Multilateral development finance institution, the Africa Finance Corporation (AFC), would provide a $25-million loan, as part of a $150-million senior unsecured syndicated loan facility, to the Kenya Power and Lighting Company Limited (KPLC) to fund the rehabilitation and expansion of Kenya’s power transmission and distribution network.
In line with the Kenyan government’s power sector policy, KPLC, which owned and operated most of the electricity transmission an.... Read more »
Posted on : Friday , 23rd January 2015
KIBO Mining and fellow Londonlisted miner Metal Tiger are set to deepen their relationship through a joint venture at gold prospect Morogoro in Tanzania.
Posted on : Friday , 23rd January 2015
The Ministry of Trade and Industry (Minicom) has signed an agreement with SteviaLife, a Canadian firm, that will see the latter promote the production and export of stevia plant.
Posted on : Friday , 23rd January 2015
Phoenix Metals LTD, a local factory, yesterday began smelting cassiterite into tin, a move set to boost Rwanda's revenue collections from mineral exports.
Posted on : Thursday , 22nd January 2015
Kenya’s eCommerce ecosystem is set to see greater efficiencies as IBM has launched what it has dubbed the ‘most powerful and secure system ever built.’ The z13 mainframe is an impressive demonstration of human ingenuity, technological advancement, and the monumental cost in terms of time and money – five years and a whopping $2.5 billion.
Posted on : Thursday , 22nd January 2015
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