Swala Oil & Gas (Tanzania) has engaged Exotix Partners to raise $120 million in corporate bonds for funding expansion in East Africa.
Posted on : Wednesday , 19th October 2016
Dodoma — Tanzania is required to boost its economy by more than 13 per cent annually in order to attain a middle income status by 2025. For the past years the country's economy has been growing by 7 per cent only.
Posted on : Wednesday , 19th October 2016
A huge red-and-white motivational banner that says "Unskilled worker today, engineer tomorrow" stands on a wall at the Mtitu Rail Girders and Sleepers factory at Kilometre 253 from Mombasa on the standard gauge railway route.
Posted on : Wednesday , 19th October 2016
Kenyan President Uhuru Kenyatta on Tuesday urged visiting American business community to invest in the East African nation, saying Nairobi has one of the best business environments for any entrepreneur willing to invest.
Posted on : Wednesday , 19th October 2016
In remote areas where the electricity grid has not reached, entrepreneurs are jumping on the solar bandwagon to light their communities and address their basic energy needs.
Posted on : Wednesday , 19th October 2016
A floating power plant isn't something you see every day. The massive ships look like plants you'd see on land complete with tall exhaust stacks—except these plants are bobbing in the ocean.
Posted on : Tuesday , 18th October 2016
The Ministry of Infrastructure (MINIFRA) has said partnership mechanisms between the public and private sectors will enable government to achieve the 2017/2018 electrification targets.
Posted on : Tuesday , 18th October 2016
With 155 turbines of 365 turbines installed in the past six months, Lake Turkana Wind Power project has achieved a has achieved a new milestone well ahead of the completion deadline of next year.
Posted on : Tuesday , 18th October 2016
Since sometime in 2012 or earlier than that, there were reports of the government's move to supply natural gas to homes--with a pilot project to connect homes in Mikocheni and international hotels.
Posted on : Tuesday , 18th October 2016
The Ethiopian government is finalizing plans of setting up a giant corporation that will be involved in exploration, development and trading of petroleum, the exploration and development of minerals and the development of bio- fuel dubbed Ethiopian Minerals, Petroleum and Bio-Fuel Corporation with an authorized capital of $675 million.
Posted on : Tuesday , 18th October 2016
There is a clean future without coal-fired power stations in South Africa. It is a future in which wind and solar plants feed power into the national grid for 80% of the year. These will be backed up by gas-fired generators. But the dangers of getting that gas out of the ground means a patient process has to be followed to answer any questions and quell concerns.
Posted on : Monday , 17th October 2016
Government and the Kingdom of Belgium have signed a financial agreement to support the health sector.
Posted on : Monday , 17th October 2016
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