A new study by Research and Markets on the Industrial Valves Market in the Middle East and Africa has shown that the market demand for industrial valve in these regions is estimated to reach $10 Billion by 2019, with a projected CAGR of 5.7% in the next half a decade
Posted on : Tuesday , 24th February 2015
In Summary
- Kenya’s installed steam power capacity now stands at 579MW, ahead of giant economies such as Japan, Russia, China and Germany – according to a study presented to the World Bank by state-owned KenGen.
- Kenya has the potential to produce 10,000MW of geothermal power from the Rift Valley basin, studies by the Ministry of Energy show.
- Geothermal now accounts for 29 per cent of Kenya’s energy mix, up from the previous 13 per .... Read more »
Posted on : Saturday , 21st February 2015
Vestas has supplied 365 wind turbines that will see Kenya’s Lake Turkana Wind Power Project (LTWP) give off 310 megawatts. The order becomes the largest single order for the company. The wind power project was commissioned in March 2014. It is estimated to cost US$ 766.6m and expected be the largest wind farm in Africa. It will be constructed on a 40,000 acres, and construction was to commence this month.
Posted on : Friday , 20th February 2015
World’s first submarine cable is set to be constructed in Angola across the South Atlantic with NEC Corporation as the system supplier.
Posted on : Friday , 20th February 2015
The Sharm El-Sheikh International airport has received US$140 million from the African Development Bank (AFDB) to facilitate its expansion project.
Posted on : Friday , 20th February 2015
Houston based explorer ERHC has said it is working on securing the requisite drilling rig for its first well in Block 11A even as it continues with studies to determine the location for drilling.
Posted on : Friday , 20th February 2015
Egyptian president Abdel Fattah el-Sisi and his Russian counterpart Vladimir Putin have agreed to corporate to build a nuclear power plant in Egypt.
Posted on : Tuesday , 17th February 2015
Egypt’s property group SODIC has announced on Monday this week that it will invest US$301.64 million in 2015. CEO of SODIC Ahmed Badrawi has said the company is set to build 684 new property units in 2015. The company had announced last year that construction of first phase of its development in Heliopolis would start this year.
Posted on : Tuesday , 17th February 2015
Posted on : Tuesday , 17th February 2015
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Construction of the Kenya’s tallest skyscraper, 40 storey Hazina Trade Centre in Nairobi has started. The tower will be constructed atop the existing 8 storey Hazina Trade Centre located on Moktar Daddah Street and currently hosting one of Kenya’s main chain stores, Nakumatt Lifestyle.
Posted on : Tuesday , 17th February 2015
Kenya will begin to export power to Rwanda to help the latter meet its increasing demands for low cost electricity. This follows the signing of a power trade deal on Tuesday this week for construction of a 220kv power line from Kenya to Rwanda.
Posted on : Tuesday , 17th February 2015
CAMAC Energy, a United States oil and gas exploration company has announced completion of 2D seismic acquisitions for two blocks in Kenya; 700 line kilometers on L-1B block and 325 line kilometers on L-16 block.
Posted on : Tuesday , 17th February 2015
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