Market News Page No. 134| Africa Business News

An LED lighting revolution is underway in Rwanda

The rapidly growing urbanization in Rwanda is characterized by increasing street lighting all across different cities and its roads, this puts pressure on the city authorities because it consumes large amount of energy.Three firm synergy has come together in order to reduce energy consumption because of street lighting by introducing an intelligent system that is aiming at reducing energy consumption. The three firms.... Read more »

Posted on : Wednesday , 10th April 2019

Tanzania mega-investment in rural healthcare facilities

Construction of 67 new district health facilities countrywide have been confirmed by the Tanzanian govenment and it has been revealed that the project is on the advanced stages. Reducing challenges confronted by people from the rural areas is one the primary aims for the construction of the new facilities. According to Prime Minister Kassim Majaliwa, the plan is to have quality healthcare closer to the people so that they don’t have to.... Read more »

Posted on : Thursday , 28th March 2019

Tanzania to receive 67 new district health facilities

The announcement has been made by the Tanzanian Government that Tanzania is all set to begin construction of 67 new district health facilities countrywide. The construction of the new facilities are aimed and focused at diminishing challenges which are faced by the people from rural areas. Prime Minister Kassim Majaliwa, said, “The plan is to have quality healthcare closer to the people so that they don’t have to travel long.... Read more »

Posted on : Thursday , 28th March 2019

Rwanda lights up with Solar Energy investments

The location of Rwanda is approximately two degrees below the equator because of which it is generally characterized by savannah climate and its location endows it with sufficient intense radiation from the sun (solar radiation) equal to 5KWH/m2/day and approximately 5 hours of peak sun hours. The total solar energy installed on-grid in Rwanda is 12.08MW. Households that are far away from the coverage of the planned national grid are.... Read more »

Posted on : Thursday , 28th March 2019

African Development Bank Commits $25 Billion to Strengthen the Renewable Energies Sector

Renewable energy, especially solar energy, is the key to driving Africa's economic development and combating climate change, said the African Development Bank (AfDB) president, while providing $ 25 billion in a new climate funding between 2020 and 2025. AfDB said the funds would be used to boost investment in renewable energy projects such as solar power plants. Some of its funding beneficiaries would include projects in Ethiopia, Rwanda and.... Read more »

Posted on : Friday , 26th April 2019

POWER SECTOR IN RWANDA: PROGRESSIVE WITH AMBITIOUS TARGETS

The Rwandan Government through its power sector has very ambitious targets to achieve 512MW installed power generation capacity, which is currently 216MW power generation with a universal access(100%), this is expected to be achieved by 2023/24.they are also determined to achieve 52% on-grid connections and 48% off-grid connections also by 2023/24. review, analyses of literature and site visits to various branch offices of Rwanda.... Read more »

Posted on : Wednesday , 10th April 2019

Penn State Startup Kijenzi Supplies Kenyan Communities With 3d Printed Medical Supplies

A humanitarian start-up called Kijenzi from Pennsylvania State University’s College of Engineering, is aiding remote healthcare facilities in Kenya with 3D printed medical supplies. Initially the vision of Kijenzi was to utilize portable, custom 3D printers to speedily produce health equipment such as braces, clamps and vacuum pumps at low costs. As this began to progress in the Kenyan community, the team concluded that.... Read more »

Posted on : Wednesday , 27th March 2019

Kenya revolutionary packaging concept looks to conquer further

Cargolite packaging concept is quickly gaining popularity in Kenya with the benefits like no crushed boxes, no damaged flowers, an increased pack rate, improved stack ability and lower transport costs. These are just some of the pros of the concept that and soon, it will also be available to growers in Ethiopia. Also, the successful delivery of one air pallet from Addis Ababa (Ethiopia) to Aalsmeer (the Netherlands) in the last.... Read more »

Posted on : Wednesday , 27th March 2019

Energias de Portugal to Fund Six Solar Projects in Africa

EDP(Energias de Portugal) are one of Europe’s biggest energy operators. Through the A2E (Access to Energy) CSR Fund, EDP will support six sustainable and clean energy projects in East Africa in Kenya, Tanzania, Mozambique and Malawi. In this first phase, EUR 450 thousand will be used to promote access to energy in remote rural areas with no electricity grid connection, with the aim of alleviating energy poverty in developing.... Read more »

Posted on : Wednesday , 3rd April 2019

African oil imports sustained by China

Uncertainty over US waivers for investors of oil from Iran is commencing to grip the market again, under very different circumstances than when American sanctions were set to go into effect in 2018. Before existing exemptions were granted, traders in Saudi Arabia were forecasting $100 oil, and Donald Trump was looking forward to a decrease in fuel rates ahead of US midterm elections. The waivers blindsided the market, which had assumed.... Read more »

Posted on : Tuesday , 26th March 2019

France's Voltalia Invests Big in Kenya

French President Emmanuel Macron, who traveled to Kenya with a business delegation, saw the signing of more than EUR 2 billion ($ 2.26 billion) in infrastructure contracts. Renewables company Voltalia signed a contract of EUR 70 million for two solar power plants, while an Airbus - led consortium has won a contract of EUR 200 million for coastal and maritime monitoring. The deals also included a EUR 1.6 billion 30-year concession for a.... Read more »

Posted on : Friday , 5th April 2019

CONSTRUCTION AND DEVELOPMENT OF HOUSING SECTOR, GROWING IN RWANDA

The construction sector in Rwanda is experiencing a huge boost due to the population growth rate of 2.7% annually. The growing demand in the construction and real estate sectors is being experienced by Rwanda on a massive scale. Every year 28 thousand and 35 thousand housing and commercial units are in demand within Kigali; struggling to meet this need are the developers. "Taking a significant chunk of the GDP the construction sector has.... Read more »

Posted on : Wednesday , 10th April 2019