Djibouti-based African businessmen have indicated interest in establishing a state-of-the-art abattoir in Ethiopia. The statement was made during a three-day investment mission to Ethiopia, which was targeted at assessing and adding value to Ethiopia's large and untapped livestock potential.
During their visit, the investors met with high-ranking government officials, relevant authorities, and Ethiopian private sector representatives, according to Ethiopia's Minis.... Read more »
Posted on : Wednesday , 22nd September 2021
Tanzania agriculture investment potential will be highlighted in Nairobi, Kenya, at the worldwide Agricultural Green Revolution Alliance (AGRA) Summit.
Tanzania will showcase and propose investment prospects and priorities in agribusiness during the summit in order to attract investors to the industry. Tanzania has immense potential to become a major food producer, manufacturer, and exporter.
What we need to do is boost production, offer va.... Read more »
Posted on : Wednesday , 22nd September 2021
Chinese telecom firm Huawei has launched an integrated solar energy solution for Kenyan households amid a quest to promote carbon neutrality in the country.
CEO of Huawei Kenya Will Meng said the launch of LUNA 2000, the flagship product of Huawei FusionSolar Residential Smart PV Solution, will ensure that residential premises have access to affordable and cleaner sources of energy.
"It indeed is in our best interest to increase the uptake of solar as a reliable, safe an.... Read more »
Posted on : Tuesday , 21st September 2021
New drinking water kiosks designed by Boreal Light supply a school, a vocational training centre, a mosque, a tailoring shop and oil extraction facilities on the southern coast of Kenya. The drinking water is obtained from a new desalination system powered by a 15 kWh solar mini-grid. Called "Shimoni WaterKiosk", the solution was installed by Kenyan start-up WaterKiosk Africa.
According to the start-up company Boreal Light, based in Berlin, Germany, the Shimoni Wa.... Read more »
Posted on : Wednesday , 17th November 2021
Investments in renewable energy have increased tenfold in Rwanda in the recent years. According to the European Union GET.invest programme, these investments have been made more with international capital and foreign currency. “Local currency financing is one of the missing links to boost investment flows into renewable energy,†says GET.invest. The programme is supported by donors including the European Union, Austria, Germany, the Netherlands and Sweden, It will be par.... Read more »
Posted on : Friday , 17th September 2021
Africa Oil and its JV partners (Tullow Oil and Total Energies) have completed the redesign of Project Oil Kenya over the last year to guarantee that it is technically, financially, and environmentally sound. With a projected gross oil recovery of 585 million barrels of oil ("MMbbl") during the life of the field1, a higher oil production plateau of 120,000 barrels per day is now planned. This resource position has been audited by external independent auditor, Gaffney, Cline & Ass.... Read more »
Posted on : Thursday , 16th September 2021
The East Africa region is increasingly becoming an area of interest in the eyes of international investors in energy projects from around the world.
The recent substantial FDI influx in the East African energy sector has re-ignited the global appetite resulting in the rising number of delegates exploring the region through channels like the 9th Power and Energy Africa exhibition in Read more »
Posted on : Monday , 13th September 2021
The eyes of international oil and gas investors are becoming increasingly fixed on Africa as an area of development, and on the East Africa region in particular – with good reason.
“It’s no secret that the East African oil and gas sector has recently benefited from substantial FDI,†says Paul Sinclair, Vice President of Energy at Africa Oil Week (AOW). “These regional investments have reignited global appetite for East Africa, and this is .... Read more »
Posted on : Monday , 6th September 2021
Friends of the Earth Africa has launched 'A Just Recovery Renewable Energy Plan for Africa' which offers a practical and much-needed opportunity to change the trajectory of energy development, distribution, and access on the African continent. The report stresses the urgency to democratize energy systems, reduce the power of transnational corporations and enable peoples and communities to access sufficient energy to live a dignified life.
"It is time for African governments, .... Read more »
Posted on : Monday , 6th September 2021
Rwanda has set 2024 as a target date to reach the goal of 100 percent access to power for its entire population. Consequently, the small nation has more than $1.2 billion of active power projects.
Rwanda’s population will grow by 25 percent over the next decade to reach 16 million people. In order to provide access to the growing population and make up for the current shortage of power, the country has embarked on various power generation projects. With abundant r.... Read more »
Posted on : Monday , 6th September 2021
Zanzibar has announced plans to construct Zanzibar Domino Commercial Tower, the largest hotel in East and Central Africa and also the second tallest skyscraper in Africa behind Iconic Tower in Egypt.
A contract was inked between New York and Dubai-based architect xCassia and a joint venture of Tanzania's AICL Group and Edinburgh Crowland Management Ltd that will see the latter come up with architectural designs for the project.
The project which is set to cost US $1.3bn .... Read more »
Posted on : Thursday , 2nd September 2021
In the Kishapu District of Shinyanga Region, TANESCO will implement the 1st large scale PV Solar Power Plant of Tanzania. It will be the 1st and certainly not the last.
According to the International Energy Agency, in Africa, solar PV is becoming the “new king†of electricity and is forecasted to be the fastest growing source of power generation in Africa by year 2040.
Production which is based on solar has become one of the cheapest.... Read more »
Posted on : Wednesday , 1st September 2021
EXPOGROUP Supports The GO GREEN campaign across the globe. Grow a plant every weekend and enjoy it grow !Expogroup is a full service exhibition organiser with over 29 years experience in International.Trade Exhibitions and Events. Our current portfolio includes 25 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.
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