Market News Page No. 9| Africa Business News

Tanzania Estimates a $11.7 Billion Income Boost Through Mineral Value Addition

David Tarimo, chairman of Tanzania's CEO Roundtable (CEOrt), speaks during a discussion at the Hyatt Regency Kilimanjaro Hotel in Dar es Salaam about the presentation of a report outlining recommendations on how Tanzania can increase its national revenue (GDP) by leveraging value chains of mineral-based products. The nation intends to accomplish this by making investments in value-added goods such as jewellery, cement, ceramics,.... Read more »

Posted on : Tuesday , 7th October 2025

Isuzu East Africa plans to assemble all its models in Kenya

In an effort to strengthen its hold on the regional market it has controlled for fifty years, Isuzu East Africa plans to start building all of its models in Kenya by the end of this year. Rita Kavashe, the managing director of the company, stated that the mu-X, a premium sports utility vehicle, will be put together in Kenya in accordance with the African Continental Free Trade Area (AfCFTA) goals. At a ceremony commemorating the Golden.... Read more »

Posted on : Friday , 3rd October 2025

Uasin Gishu Announces Eldoret Sh3 Billion Solar Street Lighting Project in Kenya

To make Eldoret City safer, smarter, and more energy-efficient, Uasin Gishu County plans to implement a Sh3 billion solar-powered street lighting project as part of a public-private cooperation. Two years will be spent on building, followed by thirteen years of operation, upkeep, and eventual county handover as part of the fifteen-year project. To get the opinions of the residents, local involvement forums have been successfully organized in.... Read more »

Posted on : Friday , 3rd October 2025

Kenya`s Kisumu Will See a Significant Expansion of Its Water Network

With the opening of an enhanced water supply and storage system, more than 25,000 homes in Kisumu City and the surrounding areas will have access to clean piped water as part of the Lake Victoria Water and Sanitation (LVWATSAN) program.The Lake Victoria South Water Works Development Agency (LVSWWDA) is carrying on the Phase II Lot 1 project, which will add 25 kilometers to the city's water network in Maseno Township and extend it by 156.... Read more »

Posted on : Thursday , 2nd October 2025

Over 2,500 Hectares Reclaimed in Kenya’s Kaptagat Forest Conservation Programme

More than 2,500 hectares of Kaptagat Forest have been successfully reclaimed under the Kaptagat Integrated Conservation Programme, spearheaded by Treasury Principal Secretary Dr. Chris Kiptoo. Now in its ninth edition, the initiative has brought together government agencies, local communities, and partner organizations to restore a critical water tower that had suffered years of degradation. Over 2 million indigenous tree seedlings have been.... Read more »

Posted on : Thursday , 2nd October 2025

Tanzania’s Construction Boom Opens Doors for Local Engineers

The enormous spike in ongoing construction projects around the country has created new opportunities for local engineers, attracting thousands to national development initiatives that were formerly dominated by foreign specialists. A growing pattern not only enhances professional expertise at home, but also offers the impetus required to fulfil the country's Vision 2050 for the construction sector.Eng David Manga, chairman of the Engineers.... Read more »

Posted on : Thursday , 2nd October 2025

Kenya's Mabati Rolling Mills Benefit From 2.9 MW of Solar Power from Orb Energy

The 2.9 MW rooftop solar installed by Orb Energy at Kenya's Mabati Rolling Mills will increase clean energy while lowering expenses. In order to develop a 2.9 MW rooftop solar system at Mabati Rolling Mills' (MRM) Mariakani factory, Orb Energy has teamed with MRM. More than 4,200 MWh of electricity will be produced by the system each year, which will lessen dependency on the national grid and save operating expenses. The.... Read more »

Posted on : Thursday , 25th September 2025

Southern Tanzania is Set to Benefit From TAZA's Power Project

The Tanzania-Zambia Transmission Interconnector (TAZA) initiative is quickly transforming the electricity distribution in southern Tanzania, as the 400-kilovolt Tunduma–Sumbawanga line has reached more than 79 percent completion.The Chief Executive Officer of TANESCO, Mr. Lazaro Twange, stated that the initiative will enhance the reliability of power and promote socio-economic development in the regions of Iringa, Njombe, Mbeya, Songwe,.... Read more »

Posted on : Monday , 6th October 2025

Dodoma Secures 5.5 Billion/-Boost for Child and Maternal Health in Tanzania

The Korea Foundation for International Healthcare (KOFIH) has provided the DODOMA Region with 2.455 million US dollars (about 5.524 billion/-) during the last four years to improve maternal and child health services. The money has been allocated to the districts of Kongwa and Mpwapwa, where they have enhanced the delivery of health services by training staff, renovating and modernising 17 institutions, acquiring necessary medical equipment.... Read more »

Posted on : Friday , 12th September 2025

To Transform Kenya's Medical Sector, Ruto Signs Multi-Million Dollar Health Partnerships with UK Universities

President William Ruto supervised the signing of significant Memorandums of Understanding with three prominent British institutions - King's College London, the University of Nottingham and the Liverpool School of Tropical Medicine during his official visit to the UK. Kenya is celebrating a major diplomatic and economic milestone with these collaborations, which are worth millions of dollars and are intended to improve healthcare education,.... Read more »

Posted on : Friday , 12th September 2025

Trade Between Tanzania and Turkey is Greatly Expanding.

Turkish exports accounted for 217 million US dollars of the 284 million US dollars in commerce between Tanzania and Turkey last year, indicating both a trade deficit and a growing economic partnership between the two nations.As part of strategic efforts to strengthen trade and industrial cooperation between the two nations, the figures were revealed in Dar es Salaam during the Turkiye–Tanzania Steel Trade Delegation, a high-level business.... Read more »

Posted on : Tuesday , 9th September 2025

National Mining Corporation Spearheads New Strategic Mineral Initiatives in Kenya

Kenya's mining sector has enormous, largely untapped potential, particularly for important mineral reserves. The global demand for strategic minerals, which are used to power electric vehicles, renewable energy technologies, and modern military systems, is increasing at an unprecedented rate. Nations around the world are safeguarding supply channels for these critical commodities, understanding their enormous geopolitical and economic value..... Read more »

Posted on : Tuesday , 2nd September 2025