Market News Page No. 166| Africa Business News | Afrotrade

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Oil Discovery in Kajiado is God's Blessing Says Lenku

An exploration process is set to begin in the village of Kajiado’s Inkokirding’a after the discovery of gas in the region last week. George Igunza, A Senior Geothermal Development Company geochemist made the announcement on Tuesday; he also revealed that a gas sample from the borehole at a farm in the Kipeto plateau had undergone analysis successfully. The analysis revealed the presence of pure methane gas.... Read more »

Posted on : Friday , 13th October 2017

UNAIDS - Occupational Safety in Medical Sector of Prime Importance

UNAIDS Country Director for Kenya, Janine Jacobi has called for reinforcements in the country’s workforce to put an end to HIV as a major public health threat by 2030. Jacobi also spoke about the stigma and discrimination that health workers, infected by HIV face today while also revealing the good work done by UNAIDS and their partners to solve this issue. Jacobi made these remarks at a forum to discuss occupational hazards, safety, and.... Read more »

Posted on : Thursday , 12th October 2017

German Company Wilo to Open Shop in Kenya

Wilo, A German Water Pumps, and pump systems manufacturer will soon open an assembly plant in Nairobi, Kenya. The plant will be expected to serve the needs of the whole East African market. The firm’s Country Manager Belete Asnake confirmed that the plant will be fully functional by 2020. He also revealed that the firm’s regional office currently hires 20 people but that number is expected to rise rapidly with the.... Read more »

Posted on : Thursday , 12th October 2017

A Million More Homes To Gain Access To Power in Kenya and Uganda

One million homes in Kenya and Uganda will gain access to electricity, thanks to a number of investors’ raisings Sh 8 billion in collaboration with the UK government to finance a new solar project. Kenya based solar kit reseller, M-KOPA Solar announced that the initial payments were made through Dutch Development Bank FMO (Sh 1.3 billion), UK Investment Agency CDC (Sh 2 billion), Norwegian government’s Nor fund.... Read more »

Posted on : Thursday , 12th October 2017

Vision City Project Transforming Rwandan Real Estate

Private Real Estate Company Ultimate Developers Ltd is proactively transforming the property business in Rwanda. UDL is directly responsible for the socio-economic transformation of many Rwandans through the work they have done with the Vision City project. Vision City is the biggest residential housing project undertaken in Rwandan history. The project will be situated in the Uptown neighborhood of Gaculiro. This is.... Read more »

Posted on : Wednesday , 11th October 2017

RURA Aims to Power 70 percent of Rwanda

RURA’s role as a regulator of the energy sector is to assist national socio-economic transformation and poverty eradication by providing sufficient, reliable, affordable and sustainable energy supply. The goal remains to create and foster an environment that encourages more involvement from the private sector, which is only positive and a change from when the government was the sole investor in the energy.... Read more »

Posted on : Wednesday , 11th October 2017

The Heart Foundation Lake Chapter to Improve Health Sector

The Heart Foundation Lake Chapter is a new initiative begun by the Buganda Medical Centre (BMC) to raise funds for the training of cardiologists. There has been a rise in the number of heart-related diseases in the Lake Zone area and very few capable cardiologists to handle the issue. An astounding 700 people were screened and confirmed to have heart complications during a recent campaign on World Heart.... Read more »

Posted on : Wednesday , 11th October 2017

Strandline Resources look to complete mine in 12 months time

Strandline Resources have conducted a definitive feasibility study (DFS) for the Fungoni heavy mineral sands project in Tanzania and have concluded with results of a strong financial performance. The study has shown that the company will need to invest $30m in developing projects, while investments are also lacking in working capital, mine infrastructure, land access, port facilities and also in pre-production mining. The DFS.... Read more »

Posted on : Wednesday , 11th October 2017

Rwanda - Brewery Factory Being Set-Up in Kamonyi District

Paul Mubiligi, the Board Chairman of Southern Province Investment Corporation (SPIC) has announced that a factory is in the process of being set-up in the Kamonyi District. The purpose of the factory will be to brew sorghum beer, a nonalcoholic drink, known locally as ‘Ikigage’. A non-alcoholic drink called ‘Ubushera’ will also be a part of the factory’s agenda. Mr. Mubiligi said that construction.... Read more »

Posted on : Wednesday , 11th October 2017

Bugamdo Medical Receive Viamo Ultrasound from Toshiba Medical

Toshiba Medical has donated a Viamo Portable Ultrasound System to the Bugando Medical Centre to help with surgeries at the clinic. The Bugando Medical Centre treats an estimated 13 million people. Surgeries are conducted on children with anorectic malformations and Viamo will be used to image their spinal cords and urinary tracts. The hospital’s staff also attended training sessions to perform exams on patients with facing.... Read more »

Posted on : Tuesday , 10th October 2017

Transport Sector Critical to EDPRS 2 Strategy

The Transportation Sector is set to play a pivotal role under the Economic Development Poverty Reduction Strategy 2, in achieving the goal of increasing international as well as domestic interconnections, boosting the national economy in the process. The Rwandan Government identifies the transport sector as a key area to foster the growth and development of the nation. Quality and reliability will be critical to minimizing.... Read more »

Posted on : Tuesday , 10th October 2017

Training Work-Shop on Anesthetics to Be Held in Tanzania

East African Anesthesia experts will be representing their respective countries at a 4-day training workshop on the subject of Managing Emergencies in Pediatric Anesthesia (MEPA). On this occasion, MOI will be hosting the event for the very first time The training is expected to enhance the skills of Tanzania’s anesthesia experts and their ability to treat a variety of conditions faced by children. This.... Read more »

Posted on : Monday , 9th October 2017

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