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Construction of Major 19 Solar-Powered Water Kiosks in Kenya by German Solar Company

A German solar company, Boreal Light GmbH, is in the process to build 19 water desalination and purification plants this year across Kenyan towns contending with water challenges.The firm, which has earlier installed such plants on Pate Island in the seaside town of Lamu and Kitengela, on the outskirts of Nairobi, is now gazing at other regions with its WaterKiosks powered by solar panels. The company co-founder and CEO, Hamed Beheshti, said “In 2019, we want to do 19 more.... Read more »

Posted on : Tuesday , 12th February 2019

African footwear industry likely to rise to $ 1 billion

 The story behind Africa’s fashion crosses the complex designs of the continent’s culture, heritage, and her dress. The next big thing is to provide a solution to the potential of Africa to drive the future of Africa and slow economic growth due to rising youth unemployment and increased value of commodities.   Sub-Saharan African clothing and footwear market is worth $ 31 billion US dollars. Growing creative ambition in African fashion trends is essential, but.... Read more »

Posted on : Saturday , 9th February 2019

Spanish brand " Mango " to enter Kenyan market

 Mango, a Spanish clothing chain, has opened a store in Kenya, joining international brands such as Lacoste, Cocolili, Pierre Cardin, Foschini, LC Waikiki, and others that have already pitched tent in mostly Karen, Westgate and Runda malls.   The Nairobi store, which will be the largest in sub-Saharan Africa, will mainly stock urban contemporary designs.   Christopher Joseph, one of the directors of Mango fashion brand said that Kenyans are starved of affordable.... Read more »

Posted on : Saturday , 9th February 2019

East Africa - Leaders in Africa's Agricultural transformation

 In implementing Africa's agricultural transformation policies, East African countries are leading. South Africa is second, according to a report on the Malabo declaration.  The declaration is a set of agricultural objectives to be achieved by 2025 by the Heads of State at the African Union Summit in Malabo, Equatorial Guinea in June 2014.  The Scorecard for African Agricultural Transformation tracks progress in government commitments.    East Africa.... Read more »

Posted on : Saturday , 9th February 2019

EAST AFRICA: BEST INVESTMENT DESTINATION IN 2019

Report from Rand Merchant Bank (RMB) has forecasted that Kenya, Rwanda, Ethiopia and Tanzania will be among Africa’s most attractive investment destinations in 2019.  East Africa being a performing region in last few years has recorded more than an average growth in the number of Foreign Direct Investment (FDI).   Justifying to the report, Ethiopia being Africa’s fastest-growing economy, has successfully emerged to promote its comparative advantage, greatly in.... Read more »

Posted on : Friday , 8th February 2019

East Africa - The most attractive investment spot in the region

According to Africa’s Rand Merchant Bank (RMB), Investment Attractiveness index forecast Kenya, Rwanda and Tanzania will be among Africa’s most attractive investment spot in 2019. According to the report, Ethiopia, which is Africa’s fastest-growing economy, has successfully survived to foster its comparative advantage, especially in agriculture and manufacturing, and its demand for goods and services is increasing remarkably given a market size of about 100.... Read more »

Posted on : Friday , 8th February 2019

East Africa among most promising destinations for foreign investors in Africa

According to a new study by South Africa’s Rand Merchant Bank (RMB), Kenya, Rwanda, and Tanzania are bound to be among Africa’s most attractive investment destinations in 2019. This new study analyzes the countries’ economic and operating environments to assess their potential to attract investment. In East Africa, the report positions Kenya as the most appealing, ascribed to the political reconciliation after the disputed 2017 presidential decision and the.... Read more »

Posted on : Thursday , 7th February 2019

East African wood industry booming as an attractive investment destination

According to a new study by South Africa’s Rand Merchant Bank (RMB) Kenya, Rwanda and Tanzania will be among Africa’s most attractive investment destinations in 2019. The RMB Investment Attractiveness index scrutinizes countries’ economic and operating environments to assess their potential to attract investment. Their report, 'Where to Invest in Africa 2019', is a key indicator of Africa’s overall business environment which has improved significantly in the.... Read more »

Posted on : Thursday , 7th February 2019

East Africa retains lead as top investment destination in 2019

Where to Invest in Africa 2019? RMB has the answer. Kenya, Rwanda, Ethiopia and Tanzania will be among Africa’s most attractive investment destinations in 2019. According to a report prepared after an extensive study by South Africa based Rand Merchant Bank (RMB). The RMB Investment Attractiveness index scrutinises a countries’ economic and operating environments to evaluate their potential to attract investment. Their report is a key indicator of Africa’s overall.... Read more »

Posted on : Thursday , 7th February 2019

Kenya's tallest high-rise apartment units to be completed by 2021

Kenya has disclosed it's plans to construct 2,720 high-rise apartment units in Nairobi’s Ngara estate in a development project that will gift the Kenyan capital its tallest homes beating 22-storey Le’mac Towers, Nairobi’s residential tower. The project is in alignment with the government’s affordable housing agenda. Chinese billionaire Zeyun Yang said, “This iconic project is bound to change the Nairobi skyline as it will be the first project of its.... Read more »

Posted on : Monday , 4th February 2019

Ethiopia inaugurates the biggest airport aviation hub in Africa

Ethiopian Prime Minister Minister Abiy Ahmed has inaugurated the newly expanded Addis Ababa Bole International Airport terminal, the biggest airport aviation hub in Africa exceeding Johannesburg’s O.R. Tambo International Airport. The China-funded project began construction in 2015 at a cost of US $35m. The terminal has been fitted with modern amenities including automated bag drop solutions, e-gates, self-check-in kiosks, baggage handling and the latest airport security.... Read more »

Posted on : Wednesday , 30th January 2019

Ethiopia inaugurates the biggest airport aviation hub in Africa

Ethiopian Prime Minister Minister Abiy Ahmed has inaugurated the newly expanded Addis Ababa Bole International Airport terminal, the biggest airport aviation hub in Africa exceeding Johannesburg’s O.R. Tambo International Airport. The China-funded project began construction in 2015 at a cost of US $35m. The terminal has been fitted with modern amenities including automated bag drop solutions, e-gates, self-check-in kiosks, baggage handling and the latest airport security.... Read more »

Posted on : Wednesday , 30th January 2019



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