The International Finance Corporation is actively looking to allocate resources into Kenya's healthcare sector through a Sh11 billion ($107 million) equity fund in Holland.
Posted on : Wednesday , 18th April 2018
Todt was received by Kenya Motorsports Federation (KMSF) President Phineas Kimathi upon his arrival on Monday for the 2 days visit.
Kenya is competent of driving the Safari Rally back onto the World Rally Championship, says International Automobile Federation (FIA) President, Jean Todt.
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Posted on : Thursday , 1st March 2018
A huge bid of USD 48.8 million has been accepted for the Asella Malt Factory after it was made available for purchase by the Ministry of Public Enterprises (MoPE). This move was a part of the present privatization drive ongoing in Ethiopia. The Asella Malt Factory, now joins a list of highest offer companies, following the USD 944 million offer made to acquire the National Tobacco Enterprise (NTE) by Japan Tobacco International and the USD 225 million offer made by Diageo Plc .... Read more »
Posted on : Wednesday , 18th April 2018
American fast-food heavyweights Hardee's is all set to open its third branch at the Two Rivers Mall this March. This comes soon after the launch of Hardee's second restaurant in Kenya on Westlands Road.
Rohit Gambhir, General Manager of Hardee's Kenya said that the Two Rivers outlet will focus on the large number of customers that visit the shopping mall on a daily basis, while the Westlands branch will target the industries in the locality of Westlands Road.
.... Read more »Posted on : Wednesday , 18th April 2018
Exporter and flower grower Oserian Development Company has applied for variation of its two megawatts (MW) geothermal power generation license to include harnessing of solar energy.
Posted on : Monday , 26th February 2018
For the construction of two solar plants this year the European Investment Bank will offer a Sh7.5 billion loan, underlining the growing interest by global organizations in financing Kenyan green projects.
Posted on : Tuesday , 13th February 2018
Kenya and East Africa as a whole have followed a long path in the exploration of oil and gas resources. On the back of soaring crude oil prices between 2004 and 2014, there was a rush of exploration interest in the region.
Posted on : Monday , 12th February 2018
The government of Kenya will soon rollout a gas cylinder programme to facilitate the affordability of the product to its citizens.
Posted on : Monday , 12th February 2018
Lordship Africa a prominent real estate development company has broken ground on what is planned to be the tallest private residential building in sub-Saharan Africa.
According to the developer, the 88 Nairobi Condominium in Upper Hill area features a 44-floor, high-end, dedicated residential condominiums designed.... Read more »
Posted on : Friday , 9th February 2018
State-run National Bureau of Statistics (NBS) said that faster growth in mining, natural gas and construction activities propelled Tanzania’s economy higher in the third quarter of 2017. East Africa’s third-biggest economy grew 6.8 per cent year-on-year in the third quarter compared with 6.2 per cent in the same quarter in 2016.
According to the NBS, Economic activities that have been boosted at significant rates were mining and quarrying, water.... Read more »
Posted on : Wednesday , 22nd August 2018
In a meeting of finance ministers from Rwanda and Tanzania on Monday in Dar es Salaam, Tanzania, consideration was given the finance matters regarding accomplishment of the two countries’ US $2.5bn joint 521 km Isaka-Kigali SGR (Standard Gauge Railway) project.
Posted on : Monday , 5th February 2018
Posted on : Thursday , 1st February 2018
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