A 20MW solar power plant worth US$ 38m will be constructed in Eastern Uganda to aid in the generation of electricity in Soroti and Tororo districts.
Posted on : Thursday , 22nd January 2015
The Netherlands Trust Fund III (NTF III) Export Sector Competitiveness Programme, a three-year, multi-phase Dutch-backed project with the International Trade Centre (ITC), has completed the company selection process for the projects in Kenya and Uganda.
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Posted on : Thursday , 22nd 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 .... Read more » Posted on : Thursday , 22nd January 2015
THE good investment environment in Tanzania has enabled the country to take the lead in attracting Foreign Direct Investment (FDI) in the East African Region by USD1.1 billion (1.76 trillion/-) in 2012.
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Posted on : Thursday , 22nd January 2015
KIBO Mining and fellow London-listed miner Metal Tiger are set to deepen their relationship through a joint venture at gold prospect Morogoro in Tanzania.
Metal Tiger recently became a shareholder in Kibo when it acquired half of.... Read more » Posted on : Thursday , 22nd January 2015
KIBARAN Resources has developed a growth strategy for its Epanko Graphite Project in Tanzania that envisages a staged development that can produce up to 100,000 tonnes per annum of concentrate.
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Posted on : Thursday , 22nd January 2015
NAIROBI Read more » Posted on : Thursday , 22nd January 2015
Cotton production Posted on : Thursday , 22nd January 2015
Egyptian private-equity company Qalaa Holdings SAE is investing $70 million to accelerate the movement of rail cargo carried from East Africa’s busiest port, as it faces competition from a new Chinese-backed link.
Posted on : Thursday , 22nd January 2015
Italian energy firm Eni has signed concession agreements to explore two new blocks offshore Egypt.
The blocks, North Leil and Karawan, are located in the deepwater Egyptian Mediterranean, west of the Shorouk block, which Eni acquired in 2014.
Posted on : Thursday , 22nd January 2015
The company says that the original exploration period expired in November 2014 and Eni requested an extension in order to complete the exploration activities already identified: the three-year plan envisages the drilling of three wells and 1,000 square kilometers of 3D seismic.
Posted on : Thursday , 22nd January 2015
olarcentury (London, UK) has joined forces with local Kenyan company East African Solar to establish its solar photovoltaic (PV) business in East Africa.
The company has been active in East Africa from its Nairobi office since June 2013, headed up by Dr. Dan Davies, a founder of Solarcentury.
The new company combines Solarcentury’s British engineering excellen.... Read more »
Posted on : Wednesday , 21st January 2015
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