Tallest residential apartments in Africa - 88 Nairobi Condominium Rising

Lordship Africa a prominent real estate development company has broken ground on what is planned to be the tallest private residential building in sub-Saharan Africa. itting on a two-acre piece of land on the corner of Bishop’s Road and 4th Ngong Avenue, the landmark residential development will have 44 floors. According to the developer, the 88 Nairobi Condominium in Upper Hill area features a 44-floor, high-end, dedicated residential condominiums designed to five-star hotel.... Read more »

Posted on : Friday , 9th February 2018

Tanzania paints a bright outlook for 2018

State-run National Bureau of Statistics (NBS) said that faster growth in mining, natural gas and construction activities propelled Tanzania’s economy higher in the third quarter of 2017. East Africa’s third-biggest economy grew 6.8 per cent year-on-year in the third quarter compared with 6.2 per cent in the same quarter in 2016. According to the NBS, Economic activities that have been boosted at significant rates were mining and quarrying, water supply, information and.... Read more »

Posted on : Friday , 9th February 2018

Rwanda and Tanzania agree on joint construction of the SGR from Isaka to Kigali

 In a meeting of finance ministers from Rwanda and Tanzania on Monday in Dar es Salaam, Tanzania, consideration was given the finance matters regarding accomplishment of the two countries’ US $2.5bn joint 521 km Isaka-Kigali SGR (Standard Gauge Railway) project.    Amb. Claver Gatete, the Rwandan Minister for Finance and Economic Planning, and his delegation including the Permanent Secretary and Secretary to the Treasury, Caleb Rwamuganza, met with his Tanzanian.... Read more »

Posted on : Monday , 5th February 2018

Kenya- Drilling On Longonot Geothermal Project to Start June 2018

 African Geothermal International Limited (AGIL) is said to be planning to start drilling for its Longonot geothermal project this June.   The company is linked to the Chairman of Kenya’s National Bank, Mohamed Hassan, who is the co-director of AGIL.   This announcement comes after a delay of about 5 years.  Drilling for one well is said to cost around $5 million at a depth of around 3,500m, with a target of up to 40 wells at a planned combined.... Read more »

Posted on : Thursday , 1st February 2018

President Kenyatta Encourages More Private Sector Investment in Power Projects

 The President, Uhuru Kenyatta said Africa has a huge potential for green energy generation and transmission that the private sector should take advantage of for good returns while at the same time boosting people's access to energy.   President Kenyatta was speaking in Addis Ababa during a roundtable meeting as he wrapped up his official visit to Ethiopia that saw him attend the 30thOrdinary Session of the African Union Assembly.   The President assured investors.... Read more »

Posted on : Thursday , 1st February 2018

Sh13 Million Initiative in Kenya to Boost Dental Care for Children

The Kenya Dental Association has joined forces with the Wrigley Foundation to dispatch a two-year programme that will see more than 20,000 grade school students gain access to free dental services in their respective localities.    The program is named "Meno Yetu,Afya Yetu" and is worth a mammoth Sh13.8 million, the programme will treat the oral issues of more than 100,000 school students between the ages of six to eight years in the Nairobi territory before it.... Read more »

Posted on : Wednesday , 18th April 2018

Siemens to Submit Bid for Isaka-Kigali Railway Project

German heavyweights, Siemens are proactively seeking to make in investment in mobility construction that will be used to construct the long awaited Isaka-Kigali railway line.    "We have the correct innovation for the rail framework and we are likewise mindful that the rail venture is searching for financing. This is one territory we are taking a gander at for conceivable venture," said Chief Executive Office of Siemens Belgium-Luxemburg, North-West-and Central.... Read more »

Posted on : Wednesday , 18th April 2018

Kenyan Government Turns to Automation to Meet Mombasa Port's Added Demands

The Government of Kenya has made plans to use more automation services at the Mombasa port in a bid to meet the rising demands at the port. According to statistics from the Kenya Ports of Authority (KPA), the port serviced 17.5 tonnes of cargo in a six month period in 2017. This is a substantial increase from the 15.7 million sum recorded in 2016. Cabiniet Secretary, James Macharia, said that he expected the port is to receive more cargo, particularly with the burden from neighboring.... Read more »

Posted on : Wednesday , 18th April 2018

Java Group Plan Sh1billlion Expansion Drive in East Africa; Kenya the Focus

Java Group has set out on a development drive this year that will re-affirm their place as Kenya's number one chain of restaurants. This development drive will see them channel up to Sh 1 billion into their operations in East Africa.    Ken Kuguru, Chief Executive of the firm said that the firm would now open new outlets in developing towns and in urban areas in Kenya to produce new income streams and also increase the number of branches in the country over. The firm will.... Read more »

Posted on : Wednesday , 18th April 2018

EABL Nabs Sh12.5 Billion Funding for Kenyan Plant

 Standard Bank Group have advanced a long-term loan of Sh12.5 billion (US$125 million) to East African Breweries Limited (EABL). These funds will be utilized for the purpose of develop the Senator Keg processing plant in Kisumu.    The processing plant is expected to produce 110,000 direct and indirect employments and further the  sorghum demand to 40,000 in the following five years from the current figure of 20,000.    The company said that Standard.... Read more »

Posted on : Wednesday , 18th April 2018

Innovative New Tele-medicine Initative Sema Doc to Boost Heath care in Kenya

The public sector in Kenya will endeavor to enhance access and quality to medical services and is looking to use the private section with the objective of propelling efficiency. The organization has been working through the Ministry of Health and partnering with players in the private section to embrace advancements in e-health.    This has seen the Kenyan Ministry of Health just recently launch Sema Doc. Sema Doc is a well crafted affordable health administration service.... Read more »

Posted on : Wednesday , 18th April 2018

Sh600m Assigned To Up-gradation Of Kenyan Hospitals

Plans for the development of the Kiambu Level Five Hospital have been delivered up on by the Kiambu regional government.Representative Ferdinand Waititu had before promised to set aside Sh600 million for the express purpose of the office's extension. The office has just recently achieved level five status.    The senator additionally said that the facility would soon twofold its capacity from 200 beds to 400. “Expect a state-of-the-art emergency unit and renal.... Read more »

Posted on : Wednesday , 18th April 2018