Tanzania has begun the construction of what it says will be the largest port in East Africa at a cost of about $11bn. Backed by China Merchants Holdings International and Oman’s State Government Reserve Fund, the project is expected to be a game changer in Tanzania’s quest to industrialize.
Posted on : Monday , 19th October 2015
Tanzania has begun the construction of what it says will be the largest port in East Africa at a cost of about $11bn. Backed by China Merchants Holdings International and Oman’s State Government Reserve Fund, the project is expected to be a game changer in Tanzania’s quest to industrialize.
Posted on : Monday , 19th October 2015
Dow Chemical Co plans to triple its revenue from sub-Saharan Africa in the next five years and is investing in offices, local staff and manufacturing plants on the continent to meet that target, its head of the region said.
The company sees opportunities in agriculture, where it supplies crop protection chemicals, infrastructure, where it offers water treatment chemicals, as well as in mining and manufacturing.
“We expect to triple our revenue from Africa.... Read more »
Posted on : Saturday , 17th October 2015
Chief executive Louis Coetzee said: “The MCPP, as an integrated project, is persistently growing in stature. This is best reflected in the continued progress we are making towards concluding critical commercial arrangements on the MCPP, to ensure optimal value creation and realization on the Company’s flagship asset.
These efforts are in turn strongly supported by the ongoing feasibility work that is continuing in parallel, and at pace. It is clear from th.... Read more »
Posted on : Saturday , 17th October 2015
Nairobi — Kenya Power has signed power purchase agreements with four local generators for the uptake of 20.8MW additional power capacity from renewable energy sources.
Posted on : Saturday , 17th October 2015
An environmentalist in Gatundu wants the government to put in place stringent measures to control small-scale mining with a view to curb environmental degradation in Kiambu County.
The director of Gatundu Data Link Initiative William Kimotho said haphazard mineral exploitation was an “environmental time bomb” to the region.
Speaking at his Gatundu town office, Kimotho called for stringent regulations for the small-scale miners to ensure that.... Read more »
Posted on : Saturday , 17th October 2015
Israeli energy firm Ormat Technologies has teamed up with Japan's Toshiba Corporation to source and implement joint geothermal contracts.
Posted on : Saturday , 17th October 2015
France says it has granted 170 million dollars aimed at increasing the power supply for the Federal Capital Territory (FCT).
Posted on : Saturday , 17th October 2015
The second phase of the $3 billion platinum project in Darwendale, a joint venture between Zimbabwe and Russian companies, is expected to start next year, with visiting Russian Deputy Minister of Industry and Trade Mr Georgy Kalamanov, yesterday expressing satisfaction with the progress made so far.
Posted on : Saturday , 17th October 2015
Operations at Hwange Colliery Company Ltd's (HCCL) Chaba concession resumed this week after Mota Engel, the Portuguese company contracted to mine the area, went on a week-long production strike demanding outsanding debts, businessdigest has established.
Posted on : Saturday , 17th October 2015
Agricultural extension service in Ethiopia is said to have started in 1953 with the establishment of the then Imperial Ethiopian College of Agriculture and Mechanical Arts (IECAMA), currently known as Haramaya University.
Posted on : Saturday , 17th October 2015
A Russian nuclear firm Rosatom Corporation has announced plans to construct four Reactors in Dabaa nuclear plant in Egypt.
Posted on : Saturday , 17th October 2015
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