Solar energy solutions provider Aora has announced that its plans to construct an initial pilot of its Tulip solar-hybrid power plant in Ethiopia
Aora’s Tulip solar-hybrid system uses a gas turbine that can operate on any alternative fuel, which guarantees an uninterrupted and stable power supply 24 hours a day in all weather conditions.
Construction of the first pilot plant is expected to begin by mid-2015.
Company officials said t.... Read more »
Posted on : Monday , 15th December 2014
Chinese real estate firm Sultan Palace Development plans to construct a Sh5 billion high-end resort in Kikambala, Kilifi, targeting the luxury holiday homes market.
Posted on : Friday , 12th December 2014
There is a strong demand in Africa for quality, world-class private healthcare, especially from the emerging middle-class, foreign investors, government and health insurers.
Posted on : Friday , 12th December 2014
NAIROBI, Kenya - Competition in the Kenyan and regional health insurance sector could heighten with the acquisition of a major player by global private equity firm, LeapFrog Investments.
Posted on : Friday , 12th December 2014
MWANZA, Tanzania – The Lake Tanganyika Floating Health Clinic/WAVE non-governmental organization is introducing a floating health clinic on Lake Tanganyika.
The Chief Operating Officer (COO) of Sahara Energy Upstream Group, Mr. Curtis Cohen has said the firm is carrying out an extended production test on the Oki field located in Oil Prospecting Lease (OPL) 274 in North Western Niger Delta, Daily Independent reports. The activity is in readiness to strike first oil from the field before the end of the first half 2015.
Posted on : Friday , 12th December 2014
U.S. crude oil and lease condensate proved reserves has increased for the fifth consecutive year in 2013, increasing by nine per cent from the 2012 level to 36.5 billion barrels, according to the U.S. Crude Oil and Natural Gas Proved Reserves, 2013 report released yesterday by the U.S. Energy Information Administration (EIA), The Guardian reports.
Posted on : Friday , 12th December 2014
THE United Kingdom's Department for International Development (DFID-Kenya) has committed to support Turkana County Government in engagement of communities, oil companies and NGOs for local development of areas affected by oil explorations.
Speaking during the signing of the framework, Head of DFID Kenya, Lisa Phillips said The UK was excited about discoveries of oil and gas in Kenya.
"It's important that there is wide consultation a.... Read more »
Posted on : Friday , 12th December 2014
India’s Tata Group yesterday said it is in talks with partners in Africa to set up new assembly lines for commercial and passenger vehicles in Kenya and Tunisia.
Posted on : Thursday , 11th December 2014
TVS has officially commissioned its assembly line at Nakuru, Kenya. It has also officially announced that there will be two bikes launched specifically catering to the usability, reliability and durability needs of the Kenyan markets.
Posted on : Thursday , 11th December 2014
When Nigeria, on October 3, 2013, announced the introduction of a new automotive policy aimed at discouraging the importation of wholly assembled automobile and encouraging local manufacturing, it seemed like a tall dream. But building on recent local assembly successes, by Hyundai and Nissan, was last week’s unveiling of a new brand of cars by indigenous company, Innoson Motors.
Posted on : Thursday , 11th December 2014
Lafarge Africa, the Nigerian unit of the French cement maker, Lafarge, is poised to make a cash offer valued at about $122 million to buy-out minority shareholders in its Nigerian business, Ashaka Cement, it emerged on Tuesday.
Posted on : Thursday , 11th December 2014
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