Federal Democratic Republic of Ethiopia President Dr. Mulatu Teshome said Ethiopia has transformed into the biggest recipient of Foreign Direct Investment (FDI) in Africa.
Posted on : Wednesday , 18th April 2018
To enhance the availability of fuel at home and in the neighboring countries the Kenya Pipeline Company (KPC) is undertaking a number of petroleum infrastructure projects.
Posted on : Thursday , 30th November 2017
Government of Tanzania has approved a major project to develop a port and an adjoining industrial zone in Tanzania by the Oman Sultanate’s State General Reserve Fund (SGRF), along with its partner China Merchants Ports (CMPorts).
Posted on : Wednesday , 29th November 2017
The sixth EU-Africa Business Forum took place in Abidjan, Côte d'Ivoire on Monday. "Investing in Job Creation for Youth", was the focal topic at the occasion this year.
Posted on : Wednesday , 29th November 2017
Work has commenced on the construction of Africa’s tallest building in Kenya. His Excellency; the President of Kenya laid the foundation stone to this landmark project recently. The twin tower development dubbed Pinnacle Towers will have 70-floors with mixed-use purpose, and will be located in Nairobi’s Upperhill area.
Posted on : Wednesday , 29th November 2017
Private sector owned medical facilities are depending on new advanced medical technologies and the offer of specific client focused services to draw in customers from neighboring countries with the hope of boosting medical tourism.
A large portion of these medical facilities are based out of Nairobi. However another private facility has been opened in Mombasa which will cater to local as well as foreign clientele looking for treatmen.... Read more »
Posted on : Wednesday , 18th April 2018
Siemens announced that they invested R5.5 million in industrial automation equipment for higher learning institutions in South Africa, Nigeria, Tanzania, Ghana and Kenya.
Posted on : Monday , 27th November 2017
The Nairobi County government is committed to constructing a centralized tanker parking and marshaling yard in the city, aimed at ensuring safety in handling of petroleum products.
Posted on : Friday , 24th November 2017
Dangote cement and Tanzania have come to an agreement on the supply of natural gas to the firm’s manufacturing plant in Tanzania after negotiations stalled over prices.
Posted on : Thursday , 23rd November 2017
Next month Kenya will cut tariffs for power by up to a third for manufacturers and large businesses that shift their operations to late night hours.
Posted on : Thursday , 23rd November 2017
Some 1.3 billion people around the globe don’t have access to an electric grid. But solar startup companies say harnessing an abundant resource -- the sun -- can light up some of the world’s most remote areas. In this Kenyan village, rooftop panels are becoming a cheap and promising source of light.
Posted on : Thursday , 23rd November 2017
Kenya is on it's way to construct the the largest dam in East Africa. Thwake dam will be constructed in the Eastern part of the country.
On 15th Nov 2017, the government signed a Ksh.36.9 billion contract with Chinese contractor China Gezhouba Construction Group Corporation, paving way for work to start. As a part of the Vision 2030 initiative, this project is jointly funded by the Kenyan government and the African Development Bank and will take 56 months to complete. <.... Read more »
Posted on : Wednesday , 29th November 2017
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