Local steel company, Steely R.M.I., is supplying 44,075mt of reinforced steel bars worth 804.9 million Br to the government and signed a contract to this effect with the Public Procurement & Property Disposal Service (PPPDS) on November 9, 2015.
Posted on : Wednesday , 18th November 2015
Cummins Cogeneration Limited (CCL) and WUTA Energy have finally sealed a deal to commence the development of a 140MW gas-fired power plant in the Western region of the country.
Posted on : Tuesday , 17th November 2015
Nakuru County has signed an agricultural development agreement with a county in China that will foster knowledge on rice farming on arid areas.
Posted on : Tuesday , 17th November 2015
FDD President Edith Nawakwi has launched a Poultry Start-Up Grants project where she will donate over ten thousand (10000) chicks plus feed to twenty (20) organizations looking after orphans and vulnerable children in Northern Province.
Posted on : Tuesday , 17th November 2015
Not policy, strategic or plan issues that hinders the country not able to Livestock and Fishery Development Minister Sileshi Getahun said
Posted on : Tuesday , 17th November 2015
Legendary long distance athlete, Haile Gebresilassie, whose business portfolio is fast expanding, has now ventured into the apiculture sector with his latest honey production already earning vast interests from European nations.
Posted on : Tuesday , 17th November 2015
AIM-listed gold exploration and development company Kefi Minerals has received formal confirmation from the Government of Ethiopia of its intent to invest between US$15 and US$20 million in the Tulu Kapi gold project.
This investment will provide the government of Ethiopia with an equity interest in Kefi Minerals Ethiopia (KME), a wholly-owned subsidiary of Kefi Minerals that owns and operates the project, of approximately 20-25% based on the projected enlarged paid-up share .... Read more »
Posted on : Tuesday , 17th November 2015
Tanzania Petroleum Development Corporation (TPDC) will start an advanced search for oil in Lake Tanganyika, the state-owned firm said at the weekend.
From its first stages of surveys across Lake Tanganyika waters, TPDC believes the area from Kigoma Rural, Kigoma Ujiji, Uvinza and Mpanda Rural contains abundant oil resources.
The belief stems from the fact that neighbouring Uganda has already discovered oil in Lake Albert which has the same environment a.... Read more »
Posted on : Tuesday , 17th November 2015
Chinese firm Avic International has been awarded a contract to construct 2, 350 houses in Zambia for police officers at the cost of US $320m.
President Edgar Lungu indicated optimism for the project during the ground breaking ceremony for the construction of the first 48 houses in Zambia capital Lusaka. This is expected to be completed end of March 2016.
President Lungu noted that his country is experiencing housing deficit and this will help address the 12, 00.... Read more »
Posted on : Monday , 16th November 2015
Ugandan firm Pearl Dairy Farms has announced plans to construct a dairy factory in Kenya that will be tasked with production and repackaging of milk products. The factory to be constructed in the capital Nairobi is aimed at growing Pearl’s market share in the region.
Atul Chaturvedi, the CEO of Pearl confirmed the reports and said that the initial estimate of the investment in the planned factory stands at about US$ 1m.
“We have for a long t.... Read more »
Posted on : Monday , 16th November 2015
Tullow Oil is working on a plan to develop its northern Kenya fields, it said in an update.
Posted on : Monday , 16th November 2015
Twenty firms have been prequalified to bid for the construction of the regional Rusumo Falls Hydroelectric Project, which is expected to add 80MW to the Rwanda, Burundi and Tanzania power grids by 2019.
Posted on : Monday , 16th November 2015
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