The bulk of donor funding to Kenya goes to energy and infrastructure projects, a latest National Treasury debt report released in Nairobi showed Wednesday.
The report says energy and infrastructure sector takes 42 percent of the cash Kenya gets from its bilateral and multilateral lenders, with the external debt currently standing at 14.7 billion U.S. dollars.
Kenya is undertaking dozens of projects in the energy and transport sectors.
In .... Read more »
Posted on : Monday , 7th December 2015
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A 200MW wind farm in Egypt’s Gulf of El-Zayt, touted to be the largest in Africa, has been inaugurated
Posted on : Monday , 7th December 2015
The Cape Town V&A Waterfront’s Silo District is recognised as one of the most advanced and environmentally-friendly developments, not just in South Africa but throughout the continent
Posted on : Monday , 7th December 2015
Orange and Engie have signed two deals to expand the electricity grid as well as optimise the power supply for the telecom infrastructure in Africa
Posted on : Monday , 7th December 2015
Simba Energy Inc. (the “Company” or “Simba”) (TSX Venture: SMB) (Frankfurt: GDA) (CQX: SMBZF) is pleased to announce it has executed a definitive farmout agreement (“Definitive Agreement”) with Essel Group Middle East DMCC (“Essel Group Middle East”) on Block 2A in Kenya wherein Essel Group Middle East will earn a 60%participating interest in Block 2A by funding 100% of exploration expenses until the completion of the drilling of 2 con.... Read more »
Posted on : Saturday , 5th December 2015
Aberdeen City Council Director, Gordon McIntosh, sharing the Scottish City experience in the industry, said the government ought to help the small businesses to identify the available opportunities as well as issue financial support in the form of grants and loans.
He said Mtwara was a potential East and Central Africa’s gas and oil hub, challenging the government however to work closely with the private sector to realise the dream. “Central to development.... Read more »
Posted on : Saturday , 5th December 2015
According to Reuters, Petra Diamonds Ltd and South African’s Ekapa Minerals would buy De Beers’ Kimberley mines for 102 million rand ($7.1 million). In last May, De Beers announced that it put the mining operations in Kimberley on sale.
Kimberley mines is located in the Northern Cape Province of South Africa. In 1871, a discovery of 83.5 carat diamond near a farm belong to De Beers family started a new rush. Huge wave of people had migrated to surrounding .... Read more »
Posted on : Saturday , 5th December 2015
Dar es Salaam — The envisaged Singida Wind Power project will roll the region's economic fortunes and turn the municipality into a city during the next few years, the project developers said yesterday.
Posted on : Saturday , 5th December 2015
Government representatives and the private sector from across East Africa are meeting in Nairobi for a conference on sustainable energy (SE4All forum) backed by the United Nations.
Posted on : Saturday , 5th December 2015
After a one year agriculture training course in Israel, a team of 17 agriculture technicians is looking to improve the country's agricultural output by introducing modern technologies.
Posted on : Saturday , 5th December 2015
The newly appointed administration of the National Port Authority (NPA) has said that a shipment of mill equipment valued at US$30 million has arrived at the Samuel A. Russ Port in Greenville, Sinoe County.
Posted on : Saturday , 5th December 2015
Action for Enterprise (AFE), the Argidius Foundation and the Alliance for a Green Revolution in Africa (AGRA), have partnered for a new initiative to make it easier for Senegal’s smallholder farmers to access quality seed, complementary inputs and agricultural advice.
Posted on : Saturday , 5th December 2015
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