The arrival of Inchcape into the motorcycle sector is expected to assist Kenya's automotive industry.
Inchcape is an automotive distributor, retailer, and services firm established in the United Kingdom. Kenya (Inchcape Kenya) and Ethiopia (MOENCO) are the company's African dealerships, with Kenya serving as a centre for seven other African countries. Inchcape started as a Jaguar Land Rover dealer in Kenya in 2018 and later acquired the BMW franchise.
Speaking at the o.... Read more »
Posted on : Friday , 4th June 2021
Labacorp Energy, a Cameroonian indigenous company, has announced that it will open a new solar academy in Kenya to support the government objectives towards a sustainable source of power in the country's energy sector by grooming more solar skilled workers.
Labacorp will work with its joint venture partner, Mission Excellence Kenya, to establish the solar academy in the in Nairobi country's capital city. The project will be completed within this year 2021, with de.... Read more »
Posted on : Monday , 23rd August 2021
China Civil Engineering Construction Corporation has started the construction of a new industrial park in Eastern Ethiopia. The 1st phase of the industrial park will be built on 370 hectares of land near the Dire Dawa. It will feature various clusters and is expected to attract investors into textile, clothing and leather processing sectors.
The industrial park will be built close to the Ethiopia-Djibouti standard gauge railway for easy access to international mar.... Read more »
Posted on : Tuesday , 1st June 2021
Square Pharmaceuticals, one of Bangladesh's major drugmakers, will begin producing pharmaceuticals at its multibillion-dollar manufacturing plant in Kenya within the next four months, aiming to meet unmet demand in Kenya, Tanzania, Rwanda, Burundi, Uganda, and South Sudan.
The pharmaceutical company began building of a facility in the tax-free export processing zones (EPZ) in Athi River in 2018, with an initial expenditure of Ksh2.58 billion ($25 million), and now.... Read more »
Posted on : Monday , 31st May 2021
The US International Development Finance Corporation (DFC) has announced the first release of a $5 million direct loan to Africa Healthcare Network (AHN), the biggest dialysis clinic operator in East Africa.
The initiative is part of DFC's complete COVID-19 Response, which aims to mitigate the economic and health effects of the COVID-19 pandemic, as well as DFC's Global Health and Prosperity Initiative, which aims to enhance global health systems.
.... Read more »
Posted on : Monday , 31st May 2021
The 'Flipflopi vessel' is the world's first recycled plastic ship.
It will set sail on Lake Victoria in Kenya to launch a plastic pollution awareness campaign.
During the journey, the boat, which is made entirely of recycled plastic, will go through three East African countries with the help of the UN Environment Programme's (UNEP) clean seas programme.
They've also established innovation clusters and start-ups focused on.... Read more »
Posted on : Thursday , 27th May 2021
EcoAct Tanzania is one of the organisations that is pioneering new techniques to recycle plastic trash while also conserving the environment.
EcoAct, one of Tanzania's fastest-growing tech firms, uses "Waxy ii Technique," a chemical-free and energy-efficient plastic extrusion technology.
This cutting-edge method recycles and transforms post-consumer plastic waste into plastic lumber. The effort was founded to address issues such as post-consumer.... Read more »
Posted on : Thursday , 27th May 2021
Tanzania Ministry of Minerals is now concentrating on strengthening revenue collection to boost the mining sector's contribution to GDP.
Minister for Minerals, Dr Dotto Biteko, offered his ministry's budget estimates, stating that the government's objective for the fiscal year 2021/2022 is to accumulate 696,441,872,667, up from 547,735,863,597 in the fiscal year 2020/2021.
According to him, the ministry would make labour to develop small-scale miners and support citize.... Read more »
Posted on : Wednesday , 26th May 2021
According to the Tanzanian Agricultural Research Institute (Tari), the country's goal of tripling cashew nut production to 1.0 million tonnes per year is feasible.
Tari said the government's goal of making the country a leading global cashew nut producer was achievable because new seeds and cultivation methods were promising.
Tari, which has produced 54 disease-resistant and high-yield seeds, claims that new cultivation areas have great potentia.... Read more »
Posted on : Tuesday , 25th May 2021
The Coast Development Authority (CDA) in Kenya's Taita Taveta County is completing the first phase of an ongoing irrigation and drought mitigation project. The new facilities are expected to enable at least 100 smallholder farmers in the Nakuruto and Challa areas to resume their operations.
Farmers in Kenya's Taita Taveta County now have irrigation systems to help them recover their crops after a long period of drought caused by a lack of rain. The systems were bu.... Read more »
Posted on : Tuesday , 25th May 2021
Kenya Electricity Generating Company (KenGen), Kenya's largest power producer, plans to commission unit 6 of its Olkaria I geothermal power plant before the end of this year. The steam plant is being built by the Japanese companies Marubeni Corporation and Fuji Electric.
Marubeni Corporation is on track to meet its line-up. The Japanese company chosen by KenGen for the construction of Unit 6 of the Olkaria I geothermal power plant had pledged to deliver the entire.... Read more »
Posted on : Tuesday , 25th May 2021
Hon. Samia Suluhu Hassan has just completed a 2 day official visit to Kenya where she met her Kenyan counterpart President Uhuru Kenyatta with the aim to unlock trade and build up economic relations.
President Samia Suluhu Hassan addressed the Kenyan parliament, where she pledged to develop co-operative projects including road construction, the construction of a 400 kW power line from Singida to Kenya, complete the One-stop Border Post, and the construction of the.... Read more »
Posted on : Tuesday , 25th May 2021
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