Market News

The UK government’s foreign investment tool, CDC Group, said it would provide more than $300m in a new business to expand electricity networks in Africa, which is one of the biggest hitches to economic development in the world’s indigent continent.   CDC chief executive N . . .

Toshiba Corporation has announced the establishment of its new branch office in Nairobi, Kenya, under Toshiba Africa, the company’s main subsidiary based in South Africa. The branch office will start operations from May. Toshiba established subsidiary Toshiba Africa in 2014, and has been ai . . .

Developing economies everywhere Africa measure during a distinctive position to leapfrog a lot of developed nations by finance in cleaner, environmentally friendlier sources of power at a lower price - main factors conducive to improved use of renewable energy power across the continent.   Ho . . .

Acumen is a New York based non profit company that invests in sustainable and socially minded companies around the world. Established in 2001, Acumen has invested more than $115 million in 113 companies across Africa, Latin America, South Asia, and the United States Acumen Capital Partners a subsid . . .

 The frame work which has guided the exploration and production is established by the Petroleum Act 2019 in Kenya. The piece of legislation that has been updated will govern the production, contracting and exploring of petroleum resources in Kenya, even including natural gas and crude oil. The . . .