Tanzania will sign key agreements with oil majors including Equinor ASA and Shell Plc next month to pave the way for a planned $40 billion liquefied natural gas export project, according to the nation’s Energy Minister January Makamba.
“It’s happening,†January Makamba said in an interview in Sharm el-Sheikh, Egypt, where he is attending the COP27 international climate summit. “In December, we will conclude the conversation. We are .... Read more »
Posted on : Tuesday , 15th November 2022
The recently formed sovereign wealth fund (SWF), Ethiopian Investment Holdings (EIH), crosses the border to hold stake in a lucrative mega logistics facility in Djibouti.
As indicated by the information that Capital obtained, the 1st overseas investment venture for the SWF will come through a secured 30% stake in an ultra-modern oil port facility, which can comfortably accommodate the latest generation vessels.
The investment holding is said to .... Read more »
Posted on : Tuesday , 15th November 2022
Tanzania's commitment to provide access to specialised and super-specialized healthcare services was given a boost as the Ministry of Health signed an MoU with Egypt's Alameda Healthcare company.
Prof. Abel Makubi, permanent secretary in charge of the Ministry of Health, noted that this was the government's seventh similar agreement, following those with Kenya, Burundi, Rwanda, Israel, India, and Turkey.
According to him, the MoU with the Alamed.... Read more »
Posted on : Friday , 11th November 2022
The Ethio-American Doctors Group (EADG) and the China Civil Engineering Construction Corporation (CCECC) recently signed a contract in Addis Ababa for the construction of the first phase of the EADG healthcare centre located.
A cutting-edge hospital that provides top-notch healthcare will be built as part of the project's first phase in three years. The contract was signed by Li Minggang, managing director of CCECC, and Tesfaye Fanta, president of EADG.
&nbs.... Read more »
Posted on : Friday , 11th November 2022
Construction on the Ethio-Djibouti 2nd Circuit High Power Transmission Line and Distribution Station Project was recently launched by Ethiopia and Djibouti. Along with strengthening the electrical and transportation links between the 2 neighbouring states, the project is anticipated to bring Ethiopia foreign revenue.
EEP CEO Ashebir Balcha stated during the project’s launch that the 2 connected countries will benefit socioeconomically from the project. Acco.... Read more »
Posted on : Thursday , 10th November 2022
Kenya Electricity Generating Company (KenGen) is inviting tenders for the feasibility study of the Olkaria VII geothermal power plant. The plant will be built at the Olkaria geothermal complex in Nakuru County in western Kenya.
A new steam power plant is expected to be built at the Olkaria geothermal site in the Rift Valley, western Kenya. The 7th plant is the subject of a recent tender by Kenya Electricity Generating Company (KenGen). The Kenyan state-owned compa.... Read more »
Posted on : Thursday , 10th November 2022
The Makonde Plateau Water Supply Project in the Mtwara region will be implemented in Tanzania with the help of 84.7 billion Tanzanian shillings (more than $36 million) from the government. Over the coming years, it is intended to increase this region of the nation's access to clean drinking water.
The government has budgeted Tshs 84.7 billion (more than US$36 million) for the continued execution of the Makonde Plateau Water Supply Project in the Mtwara Region as Tanzania stru.... Read more »
Posted on : Wednesday , 9th November 2022
In Rwanda, Solarkiosk Solutions (SKS) and East African Power (EAP) are launching a joint venture to build solar-powered multi-service centres. "The Pulse will expand to other countries in the Great Lakes region.
The productive use of solar energy is taking on a whole new dimension in Rwanda. The Pulse joint venture has been set up to exploit the potential of solar energy in rural areas. It is the result of a partnership between Solarkiosk Solutions (SKS), a compan.... Read more »
Posted on : Tuesday , 8th November 2022
Since October 13, 2022, 28 hospitals in Kenya have been supplied with clean water. This is thanks to new water desalination systems. The German start-up Boreal Light supplied the systems, which were then installed by the Kenyan start-up WaterKiosk Africa.
Inaugurated by the Chief Administrative Secretary of Kenya’s Ministry of Water, Sanitation and Irrigation, Andrew Tuimur, the new facilities serve hospitals in Kenya’s coastal region as well as Turk.... Read more »
Posted on : Tuesday , 8th November 2022
Lighting the majority of Kenyans are without power, which forces them to use kerosene to light their homes. Kerosene is an extremely polluting fuel because when it burns, it releases more black carbon than wood, which is harmful to the health of its users. Kerosene lamps are also costly, their light is too weak for studying or reading, and they present a fire and burn risk.
One Acre Fund operates in Kenya's western and southwestern regions, two of the country’s primary.... Read more »
Posted on : Thursday , 10th November 2022
The Ethiopian Ambassador, Jamal Beker Abdula, has informed the government of Pakistan that seven to ten agreements pertaining to trade promotion, political consultation, defence cooperation, aviation, technology transfer, and others will be signed within the next month or two to help connect the two countries and promote economic exchange.
"Ethiopia's economy is import-driven, and its dynamics are similar to Pakistan," said Farazur Rehman, President of the Korangi.... Read more »
Posted on : Friday , 4th November 2022
President Samia Suluhu Hassan and her Democratic Republic of the Congo (DRC) counterpart, Félix Tshisekedi, have agreed to collaborate in a number of areas to boost bilateral trade.
Tanzania and the DRC intend to collaborate in a variety of areas, including trade, investment, infrastructure, finance, energy, education, defence, security, and immigration.
This decision was reached following discussions between the two leaders at the State Hous.... Read more »
Posted on : Friday , 4th November 2022
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