Market News

  • Swiss International Hotels Chain Makes Entry Into Rwanda

    Posted on :Friday , 4th March 2016

    The number of international hotel chains in the country has grown further this week following the entrance into the local market of Swiss International Hotels.

     
    The international hotel group on Tuesday took over the management of Villa Portofino Hotel, located in Nyarutarama.
     
    The move will see the hotel undergo re-branding and training . . .

  • Open Skies Agreement signed between Rwanda & Ethiopia

    Posted on :Thursday , 3rd March 2016

    East Africa: Rwanda, Ethiopia Sign Open Skies Agreement.Rwanda and Ethiopia have signed an air service agreement, where the two countries agreed to open their airspace allowing their national carriers to operate without restrictions.

     
    According to the agreement, signed between the Rwanda Civil Aviation Authority (RCAA) and Ethiopia Civil Aviation Authority, all air s. . .

  • New Border Post to Boost Trade in East Africa

    Posted on :Wednesday , 2nd March 2016

    Holili — Tanzania and Kenya opened one-stop border posts at Holili and Taveta border to facilitate trade across the border of the two countries marking another key milestone in the integration process in the East African region.

     
    The Minister for Foreign Affairs, East African, Regional and International Cooperation, Ambassador Augustine Mahiga, and Kenya's, Cab. . .

  • Teraco to Construct Africa's Largest Data Center

    Posted on :Tuesday , 1st March 2016

    In a construction comprising 17 500sqm, Teraco, Africa’s only vendor neutral data centre, will be adding to its existing co-location facility and creating Africa’s largest data centre.

     
    Gys Geyser, Head of Operations at Teraco, says the building is not just an extension of services and white space, but a milestone for Teraco and the African data centre in. . .

  • Major dam in Kenya to be constructed

    Posted on :Wednesday , 24th February 2016

     A major dam in Kenya dubbed the largest water project in the semi-arid area is set to be constructed that will supply water and electricity to millions of residents, Water Cabinet Secretary Eugene Wamalwa has announced.

     
    Thwake Dam at the confluence of Thwake and Athi Rivers will supply water to over one million residents of Machakos, Makueni and Kitui counties. . .

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