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Hyundai Unveils $5m Assembly Plant In Mozambique

Hyundai, a South Korean automotive manufacturer, has unveiled a $5.45 million Hyundai car assembly plant in Mozambique’s capital city, Maputo.

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Posted on : Monday , 24th November 2014

Uganda's Hybrid Car, Kiira EV SMACK Launched In Kenya

The vehicle went on show at the Kenyatta International Convention Centre (KICC) in the capital Nairobi early Thursday.This is the first time the car goes on exhibition outside Uganda.

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Posted on : Monday , 24th November 2014

Nissan picks Associated Motor Holdings Kenya in bid to boost sales

NISSAN Motor Corporation Senior Vice President Africa , Middle East and India/ South Asia Business, Takashi Hata with the flagship NP300 during the introduction of the New Nissan into the Kenyan market , at their show room over the weekend. 


Nairobi; Kenya: Global car maker Nissan has picked Associated Moto.... Read more »

Posted on : Monday , 24th November 2014

The Geregu II gas turbine power plant in Nigeria

 In the Nigerian state of Kogi, Siemens has completed the Geregu II gas-turbine power plant in Ajaokuta on schedule. The customer is Niger Delta Power Holding Company (NDPHC), the state-run energy provider in Nigeria. As part of the turnkey construction project, Siemens supplied three E-class gas turbines as well as the associated generators. With an electrical capacity of 434 megawatts (MW), the plant will play an important role in the expansion of the power supply in Nigeria..... Read more »

Posted on : Monday , 24th November 2014

Atlas Development and Support Solutions expects Kenyan listing by mid December

 

 
Oil and gas solutions services provider Atlas Development and Support Solutions has said it expects a dual listing on the Growth Enterprise Market Segment (‘GEMS’) of the Nairobi bourse by December 15th as it continues with the last stages of discussions with
 
According to the chief executive officer of the London Company Carl Esprey Atlas will allow Kenyans to take hold of some 40 million shares valued at.... Read more »

Posted on : Monday , 24th November 2014

Kenya: Over 300 Foreign Investors Seek Opportunities in Kenya

 Nairobi — Over 300 investors from the region and across the globe are in Nairobi with the aim of seeking business opportunities in Kenya.

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Posted on : Monday , 24th November 2014

Kenya the Best Place to Invest, Says Kirubi

 Nairobi — "If the truth is to be told, Kenya is the best place in the world to invest in. This is a country where wealth is made. In the western world, you are shuffling money which is creating no wealth," Businessman Dr Chris Kirubi tells over 300 investors who are in Nairobi to attend the first Kenya International Investment Conference .... Read more »

Posted on : Monday , 24th November 2014

Diamond mining gaining industrial growth in Africa

 Basikwa Trading (Pty) Ltd was established in 2007, and has since taken advantage of the opportunities opening up in South Africa with regards to diamond benefication.

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Posted on : Monday , 24th November 2014

Kenya the Best Place to Invest, Says Kirubi

Nairobi — "If the truth is to be told, Kenya is the best place in the world to invest in. This is a country where wealth is made. In the western world, you are shuffling money which is creating no wealth," Businessman Dr Chris Kirubi tells over 300 investors who are in Nairobi to attend the first Kenya International Investment Conference (KIICO.... Read more »

Posted on : Monday , 24th November 2014

Foreign investment sought for upcoming plant

 E K Farms has acquired over 100 hectares of land, and is now seeking investors to set up a biogas plant on the land.

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Posted on : Monday , 24th November 2014

US to set up manufacturing plant in Africa

 The US consul general to Nigeria, Jeffry Hawkins, revealed this recently during a meeting with the state governor Adams Oshiomhole.

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Posted on : Monday , 24th November 2014

Kenya to diversify plans to encourage foreign investment

 On Monday, Kenyan President Uhuru Kenyatta, addressed stakeholders at a textile exhibition in Nairobi informing them of his strategy to redesign certain policies to make Kenya an attractive region for investment, Standard Digital reported.

 
‘We want to be among the first movers in Africa by creating an enabling environment to attract investment’, he said.
 
 Forming part of the ‘attractive package&.... Read more »

Posted on : Monday , 24th November 2014



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