Kigali — The African Development Bank (AfDB) Group recently in Abidjan, formally approved $138 million of loans and grants to finance the Ruzizi III Hydropower Plant Project.
The AfDB said in a statement: 'The project will displace significant amount of fossil based power in the ECGLC region and increase the percentage of green energy. Additional benefits of the project include the creation of permanent and temporary jobs and a reduction in greenhouse gas emissi.... Read more »
Posted on : Monday , 4th April 2016
Over FCFA 100 billion have been earmarked as Public Investment Budget for the South West Region this year. Some 191 projects have been endorsed for the region against 179 for 2015. Target is that contracts for executing the projects be awarded by April so as to give contractors enough time to execute them.
Giving an exhaustive presentation of a circular of the Minister of Finance on the budget, an official from the ministry, Gideon Barfree, stated that the budget for .... Read more »
Posted on : Monday , 4th April 2016
IFC, a member of the World Bank Group, announced today that it will provide a $105 million loan to the Co-operative Bank of Kenya (Co-op Bank) to support lending to small and medium businesses, women entrepreneurs and the housing sector.
The second largest bank in Kenya by total assets, Co-op Bank has 143 branches across the country and a subsidiary in South Sudan. Small and medium enterprises account for eighteen percent of the Bank's lending, or close to $386 millio.... Read more »
Posted on : Monday , 4th April 2016
Ericsson has launched the User & IoT Data Analytics solution at the Consumer Electronics Show (CES) event, held January 6 to January 9, 2016 in Las Vegas, US. The solution will help operators improve internal efficiency in managing data from subscribers and Internet of Things (IoT) devices while exploring new cross-vertical IoT applications.
"The launch of the User & IoT Data Analytics solution is an important step in Ericsson's commitment to the IoT - an.... Read more »
Posted on : Monday , 4th April 2016
The Ministry of Finance & Economic Cooperation (MoFEC) is ranking manufacturers by value addition for duty free benefits based on a new directive expected to be approved this month.
Posted on : Monday , 18th January 2016
German photovoltaic (PV) mounting systems manufacturer, Renusol has expanded its market frontiers to South Africa.
Posted on : Monday , 18th January 2016
Limak Cement Group, a Turkey based Cement Company has issued an acquisition request of cement operations and supply in Africa. The company has expressed its interest in some of the African countries such as Mozambique and Ivory Coast.
Posted on : Monday , 18th January 2016
Siemens Building Technologies Division, recently appointed International Energy Technik Limited (IET), a leading electrical engineering company in Kenya as its partner for Building Technologies in East Africa. In addition to the building technologies portfolio, International Energy Technik has represented Siemens AG for more than 25 years in industrial Automation and Drives products and services in the East African region.
Posted on : Monday , 18th January 2016
Africa’s largest international trade exhibition for the Building and Construction industry BUILDEXPO AFRICA returns this year with a much brighter event at a brand new, larger and conveniently located venue. From June 04 - 06, 2016, The Carnivore in Nairobi, Kenya,will see tens of thousands of buyers and visitors from across the world foster partnerships and collaborations in the rapidly expanding Industry.
With as much as 15,000 square mts. of exhibition space.... Read more »
Posted on : Saturday , 16th January 2016
The secret behind becoming prosperous, ensuring a turnaround in lifestyle, among others, resides in spurring industrial development. Although many developing countries envisage to become industry hubs, they fail to adopt the right policies and strategies. Constrained by lack of financial muscle and skilled human power, their ambitions to industrial development could not come anywhere near success.
Posted on : Saturday , 16th January 2016
World Bank group IFC has issued a green bond worth US$71mn for climate-friendly investments in emerging markets
Posted on : Saturday , 16th January 2016
Global agri-business entity Olam International Limited and InVivo Animal Nutrition & Health have signed a consulting agreement to develop expertise in animal feed production in Nigeria
Posted on : Friday , 15th January 2016
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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