SA’s TRADE balance switched from a deficit into a surplus in December as export growth outpaced imports, fuelling optimism that cheaper oil is going to help narrow the current account deficit this year.
Posted on : Monday , 2nd February 2015

Egypt is considering importing natural gas from Israel as a delegation from American oil firm Noble Energy has traveled to the North African country for talks over the issue, sources say.
Posted on : Monday , 2nd February 2015
Posted on : Monday , 2nd February 2015
The oil and gas sector is set to see increased deal activity across the world as a result of low oil prices, the latest report from consulting firm AT Kearney showed.
Posted on : Monday , 2nd February 2015
This book revisits the perennial challenge that scholars, economists, and politicians have been grappling with since the 1960s. Development, in this book, has been defined in a context that projects it as a multidimensional and complex process which seeks to enhance the human, social, economic and cultural welfare of the people. This book calls for a rethinking of trade and industry for Africa’s developme.... Read more » Posted on : Monday , 2nd February 2015
Suame Magazine, is one of the biggest industrial areas in Africa.
Posted on : Monday , 2nd February 2015
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The report, "Middle East and Africa - Industrial Valves Market By Closure type (Quarter turn, Multi turn, and Others), By Function (Control, Isolation, Check and Others), By Type (Ball, Globe, Plug and Others) and By Application (Oil & gas, Chemical, Municipal, Power, and Mining) - Global Trend & Forecast To 2019" The Middle East and Africa Valve Market is estimated to reach $10 Billion by 2019,with a projected CAGR of 5.7% in the next half a decade.
Posted on : Monday , 2nd February 2015
Ole Sereni, Kenya’s five-star hotel brand, has decided to embark on a US$ 20m expansion project starting February, this year.
Posted on : Saturday , 31st January 2015
Kenya National Highways Authority (Kenha) has announced that construction of the US$ 186m Nairobi Southern Bypass is expected to be complete by July 2015.
Posted on : Saturday , 31st January 2015
Kenya has agreed to acquire 2.5 per cent of the upcoming Uganda oil refinery, in a deal estimated to cost the exchequer US$ 61m. Uganda, which has 6.5 billion barrels in reserves, hopes to complete the first phase of construction in 2018.
Posted on : Saturday , 31st January 2015
Nairobi — Kenya is moving to boost its solar energy capacity, with a new plant now under construction aiming to start producing electricity for the national grid by January 2016.
This heralds a shift in the balance of the country's efforts to embrace renewable energy, which have so far focused on hydropower, geothermal and a small amount of wind.
Independent power producer Greenmillenia Energy Limited (GEL) has said it will begin generation at its 40 .... Read more »
Posted on : Friday , 30th January 2015
Kenya has stepped up its efforts to transform 40,000 acres of land into a wind farm, in a bid to meet growing demand for electricity.
The 300 MW Lake Turkana Wind Power Project, which is being developed in the country’s North-East, hopes to produce 20% of the country’s current installed electricity generating capacity when it comes online in 2016.
The $694 million project achieved full financial close in December 2014, making it the largest .... Read more »
Posted on : Friday , 30th January 2015
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