Following a visit to Nigeria to advocate for a robust automotive sector, the African Association of Automotive Manufacturers, that includes Ford Motor Co., Nissan Motor Co., Toyota Motor Corp., General Motors, BMW AG and Volkswagen AG, the carmakers led other executives to Kenya to rise an auto-manufacturing attention.
Posted on : Thursday , 3rd November 2016
Addis Ababa — The Ethiopia government has set up the Ethiopian Mines, Petroleum and Bio-Fuel Corporation, which will be the investing entity in the country's mineral, oil and gas industry.
Posted on : Thursday , 3rd November 2016
The Adventist Development and Relief Agency (ADRA) in Rwanda has received a Rwf5 billion grant from Global Affairs Canada, through ADRA Canada and Christian Child Fund, to implement two new projects aimed at fighting maternal, newborn and child mortality and malnutrition in Nyabihu and Kayonza Districts.
Posted on : Thursday , 3rd November 2016
Healthcare will be the Industry to Propel More Women into Leadership
Read more » Posted on : Thursday , 3rd November 2016
DAR ES SALAAM (Reuters) - Tanzania's government has set an economic growth target of 7.5 percent in 2017, compared to an estimate of 7.2 percent this year, and plans to hike spending in the 2017/18 fiscal year by 11.5 percent to 32.9 trillion shillings ($15.1 billion).
Posted on : Thursday , 3rd November 2016
Nairobi — Fuel-seller Nancy Kaisa has for years used solar power to light her premises at the Entasopia shopping centre in Kajiado, in southern Kenya. But recently she's started using energy from a solar mini-grid system to operate her fuel pumps and meet her other energy needs, ditching her diesel generator.
Posted on : Thursday , 3rd November 2016
The Foreign Direct Investment, FDI, to East Africa grew last year despite an overall drop across Africa from $87 billion to $66.5 billion.
Posted on : Thursday , 3rd November 2016
The Government is moving to upgrade infrastructure as it readies to start moving crude oil from Turkana to Mombasa.
Deputy President William Ruto yesterday commissioned the construction of roads between Lesseru in Eldoret and Amosing in Lokichar that will be used by trucks moving the crude oil from the oil fields of Turkana to Mombasa for export.
The Kenya National Highways Authority (KeNHA) has awarded contracts to seven contractors, who will build separate lo.... Read more »
Posted on : Thursday , 3rd November 2016
A group of Kenyan investors under the trade name Icolo.io is building a Sh850 million data centre in Nairobi. The construction commenced last month and is set to be completed by the end of 2017. The data centre will be situated on land leased from Catholic University of Eastern Africa, and will span 27,000 square feet.
“The data centre will be built in two phases,” icolo.io Chief Executive Officer Ranjith Cherickel said yesterday during a media briefing. &l.... Read more »
Posted on : Thursday , 3rd November 2016
The introduction of the EverestRead more » Posted on : Thursday , 3rd November 2016
Famous Brands reported a 71% increase in headline earnings per share on Monday, as the company continued to build capability and capacity amid its merger and acquisition spree.
Read more »
Posted on : Thursday , 3rd November 2016
President John Magufuli has assured Kenyans who wish to invest in Tanzania to come and establish businesses, dismissing claims that his administration has been frustrating Kenyan traders and ignoring issues concerning the East African Community.
Read more »
Posted on : Wednesday , 2nd November 2016
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