Oromia is conducting a study which could lead to the establishment of an autonomous body that will be fully in charge of industrial development in the region, instead of the Industry & Urban Development Bureau as is the case now.
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Posted on : Thursday , 15th January 2015
Kenya Power has secured $25 million (Sh2.25 billion) funding from the Africa Finance Corporation.The money is part of a $150 million syndicated loan that the company is seeking to fund rehabilitation of its network ahead of absorption of extra 5,000 megawatts of power that are to be generated from the government’s plan to scale up power production by the end of next year.
The terms of the loan remain undisclosed but according to a statement from AFC, the credit w.... Read more »
Posted on : Thursday , 15th January 2015
Investment firm Centum is set to raise at least Sh39 billion as its share
Chinese multinationals Sichuan Electric Power Design and Consulting Compan.... Read more »
Posted on : Thursday , 15th January 2015
Milk processor Brookside Dairy is targeting to recruit at least 10,000 new farmers in a bid to raise supply of the product following an expansion that doubled its uptake capacity.The milk firm has just concluded a multi-billion shilling expansion that increased its processing capacity.
Posted on : Thursday , 15th January 2015
Keroche Breweries has invested Sh4 billion to expand its Naivasha plant. Company chief executive Tabitha Karanja said the brewer will also be increasing its range of products.
“Keroche is embracing advanced brewing technology to ensure Kenyans and the region get sufficient supply of high-quality bear,” she said. Mrs Karanja spoke in Nakuru yesterday during a marketing tour.She said Keroche is putting up a modern plant which will double production.
Posted on : Thursday , 15th January 2015
The Kenyatta National Hospital has received dialysis machines from the Egyptian government.
Posted on : Thursday , 15th January 2015
Posted on : Thursday , 15th January 2015
Posted on : Thursday , 15th January 2015
Rising demand for luxury cars and increased orders for commercial vehicles pushed new motor vehicles sales to a record high last year, reflecting wealthy Kenyans’ growing penchant for high-end goods and vibrant economic activity.
Posted on : Thursday , 15th January 2015
Today's Africa is one of the most sophisticated, diverse and promising emerging markets globally. Africa is a key investment location, both for the market opportunities that lie within its borders and as a gateway to the rest of the continent, a market of about1- billion people.
Posted on : Wednesday , 14th January 2015
Africa and China signed new strategic agreements after a meeting between President Jacob Zuma and his Chinese counterpart Xi Jinping in Beijing on Thursday, the Presidency said in a statement on Thursday.
Posted on : Wednesday , 14th January 2015
South Africa has approved guidelines for the new Medium and Heavy Commercial Vehicles-Automotive Investment Scheme (MHCV-AIS), expected to stimulate investment in the production of vehicles.
Posted on : Wednesday , 14th January 2015
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