Dow Chemical seeks to triple Africa revenue in five years

Dow Chemical Co plans to triple its revenue from sub-Saharan Africa in the next five years and is investing in offices, local staff and manufacturing plants on the continent to meet that target, its head of the region said. The company sees opportunities in agriculture, where it supplies crop protection chemicals, infrastructure, where it offers water treatment chemicals, as well as in mining and manufacturing. “We expect to triple our revenue from Africa over the next five.... Read more »

Posted on : Saturday , 17th October 2015

Tanzania: Kibo Upbeat on Mbeya Coal Mine

Chief executive Louis Coetzee said: “The MCPP, as an integrated project, is persistently growing in stature. This is best reflected in the continued progress we are making towards concluding critical commercial arrangements on the MCPP, to ensure optimal value creation and realization on the Company’s flagship asset. These efforts are in turn strongly supported by the ongoing feasibility work that is continuing in parallel, and at pace. It is clear from the information.... Read more »

Posted on : Saturday , 17th October 2015

Kenya: Firms to Sell Green 20MW to Kenya Power

Nairobi — Kenya Power has signed power purchase agreements with four local generators for the uptake of 20.8MW additional power capacity from renewable energy sources.   Signed in 20-year arrangements under feed-in tariff policy that aims at encouraging investments in renewable energy projects, the power utility will draw the extra capacity from biomass, solar, mini-hydro and windmicro-plants located in Kwale, Nairobi, Kajiado and Meru.   In the agreements, Kwale.... Read more »

Posted on : Saturday , 17th October 2015

Kenya: County Government Urged to Control Small-Scale Mining

An environmentalist in Gatundu wants the government to put in place stringent measures to control small-scale mining with a view to curb environmental degradation in Kiambu County. The director of Gatundu Data Link Initiative William Kimotho said haphazard mineral exploitation was an “environmental time bomb” to the region. Speaking at his Gatundu town office, Kimotho called for stringent regulations for the small-scale miners to ensure that their activities were not.... Read more »

Posted on : Saturday , 17th October 2015

Kenya: Ormat Teams With Toshiba in Geothermal Energy

Israeli energy firm Ormat Technologies has teamed up with Japan's Toshiba Corporation to source and implement joint geothermal contracts.   The first project expected to be implemented under the deal signed Friday is Nakuru's Menengai Crater to be constructed and operated by the Ormat - Symbion Power LLC - Civicon consortium.   Ormat, which represents Toshiba in the Kenyan venture, said in a press statement that negotiations on the supply agreement and the plant design.... Read more »

Posted on : Saturday , 17th October 2015

Nigeria: France Grants U.S.$170 Million for Improved Power Supply in FCT

France says it has granted 170 million dollars aimed at increasing the power supply for the Federal Capital Territory (FCT).   The French Ambassador to Nigeria, Mr Denys Gauer announced this on Thursday in Abuja in a remark at the Nigeria Alternative Energy Expo 2015.   Represented by Mr Georges Vanin, First Counsellor, Political Affairs and Communication, Embassy of France, Abuj, the ambassador said the power sector was one of the three priority sectors identified by.... Read more »

Posted on : Saturday , 17th October 2015

Zimbabwe: Headway in U.S.$3 Billion Platinum Project

The second phase of the $3 billion platinum project in Darwendale, a joint venture between Zimbabwe and Russian companies, is expected to start next year, with visiting Russian Deputy Minister of Industry and Trade Mr Georgy Kalamanov, yesterday expressing satisfaction with the progress made so far.   This phase involves construction and commissioning of two underground mines and the second processing plant, while additional mines would be constructed in the third phase.... Read more »

Posted on : Saturday , 17th October 2015

Operations At Hwange Chaba Mine Resume

Operations at Hwange Colliery Company Ltd's (HCCL) Chaba concession resumed this week after Mota Engel, the Portuguese company contracted to mine the area, went on a week-long production strike demanding outsanding debts, businessdigest has established.   Well-placed sources told businessdigest this week that HCCL's mining contractor resumed operations at the colliery, a development that has breathed life at the group.   Mota-Engil had stopped mining operations at Hwange.... Read more »

Posted on : Saturday , 17th October 2015

Ethiopia: Strengthening Extension Services to Modernize Smallholder Farming

Agricultural extension service in Ethiopia is said to have started in 1953 with the establishment of the then Imperial Ethiopian College of Agriculture and Mechanical Arts (IECAMA), currently known as Haramaya University.   IECAMA was established with the mandate of teaching, conducting researches and doing extension works. The extension mandate of the college included transferring local research outputs and technologies to farmers, and importing technologies and improved.... Read more »

Posted on : Saturday , 17th October 2015

Rosatom announces plans to construct reactors in nuclear plant in Africa

 A Russian nuclear firm Rosatom Corporation has announced plans to construct four Reactors in Dabaa nuclear plant in Egypt.   The  Nuclear power company is currently pushing to expand its market to the middle East being one of the most growing market in nuclear power.   Rosatom hinted that talks with Egypt on the construction of the four reactors are on the final stages.   “The company is negotiating with the Egyptian government to sign a deal by.... Read more »

Posted on : Saturday , 17th October 2015

Mega Fertilizer Plant to come up in Africa

 HOMAG International Merchant is set to construct a mega fertilizer plant in Nigeria worth $1.2 billion in Kogi State.   The firm representative Adedayo Adeogi said that they will work hand in hand with the Kogi government to ensure that the project get completed on time. He said this while leading a delegation from Kogo state.   Adeogi added that the mega project will be executed on the basis of Build Operate Transfer so that it can have the capability of producing.... Read more »

Posted on : Saturday , 17th October 2015

US firm now eyes construction market in Kenya

 The construction market in Kenya is set for  cutthroat competition after X-Calibur Construction Chemistry Inc., a US-based construction products manufacturer said that it was constructing a concrete and cement additive manufacturing plant in Kenya aiming to tap on the wider  East African region.   The firm said that it would open a manufacturing plant in Nairobi late next year in a move to ease distribution of its products across the East African.... Read more »

Posted on : Saturday , 17th October 2015