Turkana County is now planning the construction of 1,200 Housing units. The county government will fund the project, which will benefit all six constituencies. According to the Kenya Urban Support Programme's National Project Coordination Team, led by Eng. Benjamin Njega.
Njega was delighted that Turkana Central has access to 20 acres of land from the Lands Department to initiate the project. Additionally, he stated that in order to speed up the mapping of the cou.... Read more »
Posted on : Thursday , 27th April 2023
We are excited to discuss the most recent developments in the trade and investment sectors. Mr. Richard Ngatia, President of the Chamber, met with His Excellency Ambassador Chenhwa Lou, Taiwan Representative in the Republic of Somaliland, also connected with Kenya, to discuss trade and investment potential.
During the meeting, the Chamber President emphasized the need to increase trade and investment connections between Kenya and Taiwan. He emphasized that Kenya i.... Read more »
Posted on : Thursday , 27th April 2023
In an effort to expedite negotiations on pending mining and energy projects, Tanzania signed agreements worth 667 million USD with three Australian companies to mine rare earth minerals and graphite.
Tanzania will own a 16% stake in each of the businesses that will be established in conjunction with Evolution Energy Minerals, Ecograf Ltd., and Peak Rare Earths to manage the projects, per the agreements with those companies. Palamagamba Kabudi, the head of the gove.... Read more »
Posted on : Thursday , 27th April 2023
The National Government Plans to Set Aside at Least Sh 500 Million via the Ministry of Water and Sanitation for Water-related Initiatives in Samburu County. The Initiatives Are Intended to Cope With the County's Persistent Shortage of This Essential Resource. Dr. Paul Rono, the County Government's Principal Secretary for Water and Sanitation, Had Approved an Agreement to Identify the Most Significant Initiatives in the County's Arid Region Where Funds Could Be Deployed. Lati Lelelit.... Read more »
Posted on : Thursday , 27th April 2023
The William Ruto organization has set an objective for the assembling area's commitment to the GDP — a proportion of public financial result — to significantly increase from 7.2 percent in 2021 to 20 percent in 2030.
The drive named Kenya Assembling 20by30 targets expanding "on valuable open doors accessible to spike neighborhood industry's development".
Kenya Relationship of Producers (KAM) CEO Antony Mwangi addressed the Business.... Read more »
Posted on : Wednesday , 26th April 2023
By 2030, the manufacturing sector is anticipated to drive GDP growth. The growth domestic product (GDP) of Kenya is expected to increase by 15% by 2027 and 20% by 2030 as a result of the manufacturing sector.
According to the finance ministry, the nation's economy will rise by 5.3% in 2022 and 6.3% in 2023.The Ministry of Investments, Trade, and Industry is taking the necessary steps to improve the goal's achievement in order to accomplish this.
Posted on : Wednesday , 26th April 2023
Tanzania's horticultural sector presents significant opportunities for youth to earn lucrative incomes. However, the use of gasoline or diesel-powered irrigation pumps has negative environmental effects and is an expensive solution.
To mitigate climate change and increase agricultural productivity, the Tanzania Renewable Energy Association (TAREA) partnered with the Dutch Embassy and the Climate Response Facility (CERF) to implement the Climate Smart Agriculture L.... Read more »
Posted on : Wednesday , 26th April 2023
The Kenyan Government, in partnership with the Kenya Off-Grid Solar Access Project (KOSAP), is developing 137 solar minigrids svtodd 12 of the country’s 14 counties.
The project is financed by the World Bank, which approved an International Development Association (IDA) credit of US$150 million to fund the project back in 2017.
The solar minigrids will electrify 567 public facilities, including secondary schools, health facilities, and ad.... Read more »
Posted on : Wednesday , 26th April 2023
The European Union has provided Kenya with Ksh 50 billion ($378 million) to help with the electrification of the country's public transport infrastructure. The funding will allow Kenya to construct the infrastructure needed to improve the efficiency and cost-effectiveness of its bus rapid transit system.
This development is the consequence of a recent meeting that took place at the European Union headquarters in Brussels, Belgium, between William Ruto, the preside.... Read more »
Posted on : Tuesday , 25th April 2023
According to a recent analysis, Tanzania is gaining progress on e-mobility quicker than any other East African country.
According to the Africa E-Mobility Alliance report, which was issued last month, Tanzania has at least 5,000 electric cars (EVs). However, due to a variety of problems, e-mobility remains a "very young" business.
High import fees, uncertain government policy, insufficient financing, too few specialists, restricted energy grid a.... Read more »
Posted on : Tuesday , 25th April 2023
Borouge Plc, a petrochemical company that provides innovative and differentiated polyolefin solutions, has entered into a Distribution Agreement with one of the biggest polyolefin distributors in East Africa, Somochem.
The agreement builds on a long-standing partnership between Borouge and Somochem and aims to increase Borouge’s footprint and presence in East Africa. The development comes on the back of Borouge’s significant growth in market share in.... Read more »
Posted on : Tuesday , 25th April 2023
The Tanzanian Government has signed agreements with three Australian mineral companies for the development of rare earth and graphite mines in the country.
Agreements totalling $667 million were signed with mineral exploration companies Evolution Energy Minerals, EcoGraf, and Peak Rare Earths. Peak Rare Earths will mine minerals in Ngualla, the southwest region of the country; Evolution Energy Minerals will mine graphite in the southern region; while Eco.... Read more »
Posted on : Tuesday , 25th April 2023
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