China Road and Bridge Corporation (CRBC) in conjunction with Kenya Railways Corporation have entered into an agreement to expand the Standard Gauge Railway line. The railway line that is being built from Mombasa to Nairobi will be extended to Naivasha town, some kilometers away from Nairobi. The commercial treaty will give way for construction of phase two of the SGR project connecting Olkaria industrial park in Naivasha to Nairobi and the port of Mombasa to ease flow of goods.
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Posted on : Monday , 28th September 2015
Ethiopia government has promised a “bright future” for foreign investors in the country’s mining sector.
Ethiopian Minister of Mines Tolesa Shagi on Friday called on development partners to join the country’s efforts in boosting the mining sector development for mutual benefit.
Speaking at a two-day international mining conference in Addis Ababa, the minister explained Ethiopia’s mineral and petroleum potentials as well as .... Read more »
Posted on : Monday , 28th September 2015
A Tanzania Private Sector Foundation (TPSF) consultant, Dr Halima Noor, told a news conference during a high level policy dialogue for rice value chain stakeholders that Tanzania was not utilising her potential in producing and selling rice in East Africa.
"Something should be done now in this important rice sub sector," she said in Dar es Salaam over the weekend. Tasked by TPSF, Dr Noor presented a paper titled 'A Policy Scoping Study on Improving Rice Expo.... Read more »
Posted on : Monday , 28th September 2015
East Africa has its first boutique Insurance Intermediary Company set up to provide niche and specialist insurance solutions to oil and gas exploration firms and their contractors.
Underwriting Africa whose headquarters are based in Nairobi has among its Reinsurance Partners Swiss Re with other brokerage partners in London and Paris.
On the oil and gas front the company will fill a gap that has been void in the local space allowing the importation of sp.... Read more »
Posted on : Monday , 28th September 2015
The Kenya & East Africa Management Services Company (KEAMSCO), working in partnership with the Kenya National Chamber of Commerce & Industry (KNCCI) will be hosting the inaugural LAPSSET Global Investment Conference in Nairobi on October 26th to 29 2015.
The theme of the conference is Building Africa’s transformative & game-changer Infrastructure towards delivering a Just & Prosperous Kenya.
The LAPSSET Program is by far Africa&rsq.... Read more »
Posted on : Monday , 28th September 2015
Lighting Africa – Ethiopia, a World Bank Group program aimed at accelerating the development of the market for off-grid solar lighting products in Ethiopia, today launched a Consumer Education Campaign in Ethiopia highlighting the benefits provided by modern, quality off-grid lighting, and assisting them in making informed purchasing decisions.
Posted on : Saturday , 26th September 2015
Ethiopia on Sunday inaugurated a modern rail project that has been constructed by the China Railway Group (CREC) in the capital of the east African country. The electrified Addis Ababa Light Rail Transit (AA-LRT) is the first light railway on the African continent with two lines of a total length of 34 km.
Posted on : Saturday , 26th September 2015
Roads are an integral part of the transport system. They account for more than 90 per cent of all passengers and goods transport in the country.
Our Staff writer Chaby Barasa who recently accompanied CCM Union presidential candidate Dr John Magufuli on a campaign trail in several regions, revisits the crucial role road transport is playing in spearheading economic development in the country. "If you have roads, you have wealth."
The quotation .... Read more »
Posted on : Saturday , 26th September 2015
The Ghana Gas Company says it is upgrading its infrastructure to enhance the capacity to receive all the gas from the Jubilee Field for processing.
The development is expected to help improve the country’s current energy challenge.
Speaking to Joy Business about concerns that excess gas may have to be flared due to the lack of capacity, Chief Executive Dr. George Sipa Yankey differed.
He emphasized that Ghana Gas has more capacity t.... Read more »
Posted on : Saturday , 26th September 2015
The Uganda Chamber of Minerals and Petroleum (UCMP) has signed a cooperation agreement with a Chinese province to help boost the budding mining sector.
According to the UCMP vice chairman, Mr Richard Kaijuka, the chamber inked the deal with Shandong Provincial Bureau of Geology & Mineral Resources to invest in different areas of the mining sector in Uganda.
He said as a result, a national central mineral laboratory will be built, extensive mineral g.... Read more »
Posted on : Saturday , 26th September 2015
The National Oil Corporation of Kenya has invited for Expressions of Interest (EOI) from eligible companies to acquire a multi-client 3D broadband seismic survey including processing over the shallow waters of the offshore Lamu basin , Kenya.
According to NOC the multi-client surveys and studies are part of the preparation of an open licensing round tentatively scheduled for the year 2017 with a formal announcement on the date to be made by the Ministry of Energy and .... Read more »
Posted on : Friday , 25th September 2015
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