Market News Page No. 147| Africa Business News

First phase of power pool project to be completion by mid 2019

Concluding the first phase of the region's power pool project, the Ethiopia and Kenya electricity transmission interconnector is anticipated to be completed next year. Tanzania was given more than $450 million by the World Bank for a similar project that will connect the country to Zambia and South Africa, under the regional power pool project. Joseph Njoroge, Kenya’s Energy Principal Secretary said that the 1,045km.... Read more »

Posted on : Friday , 17th August 2018

Solar Pumps Transforming Rural Agricultural Landscape

Throughout the developing world, solar pumps are changing the agricultural landscape. The availability of power throughout the year, as well as government interest across the globe, are benefits in the fight against climate change. An analysis shows that small solar pumps are a better alternative for 11% of the contemporary and future small motorized fuel hydrocarbon pumps on smallholder estates. The cost of energy has been.... Read more »

Posted on : Friday , 10th August 2018

WFP Pledges to Boost Tanzania's Maize Markets

The visiting Executive Director of WFP (The World Food Programme), David Beasley confirmed that they plan to buy 75000 metric tons of maize from Tanzania, while he was in Dar es Salaam this week. This is in line with the UN organizations ongoing exercise to expand market reliability for the corns from Tanzania. They intend to buy between 75,000-100,000 Metric tons of the crop in the next six months from the 30,000 tons they had already.... Read more »

Posted on : Thursday , 9th August 2018

Tullow Oil to Resume Turkana Oil Operations

Tullow Oil, British Oil Company will continue its oil and gas development activities in Turkana County, the Government has said. A statement from the Ministry of Petroleum and Mining reveals that the government has reached an agreement with the company, and such includes addressing the grievances that stalled the transportation of the commodity to the coast. It reads: “The Government has resolved to establish.... Read more »

Posted on : Wednesday , 8th August 2018

UNICEF Pledges 150 Mn to Boost Kenya's Heathcare Programme

Supporting the Universal Healthcare programme in Kenya, the United Nations Children’s Fund has pledged $150 million towards the nutrition and immunization programs planned by the country for the next four years. The meeting held between the Health Cabinet Secretary Sicily Kariuki and UNICEF Country Representative Werner Shultink on Wednesday focused on the improvement of the health and medical facilities in the country, which.... Read more »

Posted on : Monday , 6th August 2018

Tanzania- Stieglers Gorge water project almost complete

According to the Ministry of Water and Irrigation, Stiegler’s Gorge water project in Tanzania is now at 80% complete. Dr. Suphian Masasi, DAWASA Acting Chief Executive Officer, confirmed the news and said that the project, which is implemented through the Dar es Salaam Water and Sewerage Authority (DAWASA), is expected to be completed by August 15 this year. The project is being undertaken by a Chinese company, China Henan.... Read more »

Posted on : Friday , 3rd August 2018

Rwandan Youth Develop Solar-Powered Technology for Farmers

Farmers will be able to manage farming practices such as effective irrigation of their crops without necessarily being at their farm's thanks to a solar-powered technology developed by Rwandan young innovators. The technology uses irrigation and solar-fueled sensors to collect data on soil moisture, nutrient needs and water needed to foster crop growth. It is similar to a project by Precise Agriculture (PA), a modern.... Read more »

Posted on : Tuesday , 31st July 2018

US $175bn Gas Project to Benefit Tanzania

The US-led initiative to invest in gas-powered power plants in Africa will benefit Tanzania a lot. Through the Roadmap, US companies will invest $175 billion in gas power projects in eight other African countries excluding Tanzania, namely Côte d’Ivoire, Kenya, Ghana, Senegal, Nigeria, Angola, Mozambique and South Africa. The initiative is in its preliminary stages and it is not yet known which.... Read more »

Posted on : Saturday , 28th July 2018

Kenya's La Miguela All Sets to Storm the 21st Medexpo Africa 2018

'Healthcare' a word that defines our overall fitness, the environment and everything in between. This included the safety measures taken to prevent disease spread and secure our well being. Manufactures providing us the gadgets that ensure security have been held in high esteem, one big example is Kenya’s very own La Miguela Holdings. Widely known for their Needle Smelter, the company will showcase this marvel at the 21st Medexpo Africa.... Read more »

Posted on : Thursday , 26th July 2018

Tanzania- Lighting Africa Project Launched by Hanergy

The pioneering multinational clean energy company, Hanergy Thin-Film Power Group, launched the “Lighting Africa” project at its first stop Tanzania together with China Foundation for Peace and Development and Tanzania-China Friendship Association by promising to donate the first 100 Humbrellas in the coming months. “Lighting Africa” is a philanthropic project started by Hanergy and joined by China.... Read more »

Posted on : Wednesday , 25th July 2018

Voice controlled LED filament bulbs using Siri

LEDvance, is a cutting edge company and currently the sole provider of voice-dimmable filament LED lamps that work with Apple products. The concept is now available in Europe, after having first launch t in North America. Being a Germany based company, LEDvance is marketing the bulbs in Europe under the Osram name while using the Sylvania label in North America. It's presence in Africa is still to mature so LEDvance uses business.... Read more »

Posted on : Wednesday , 22nd August 2018

WALTON All Set To Exhibit at The 21st KITE Africa 2018

Electronics’ have come a long way and has become the most used gadget and product in our day to day lives. May it be computers, phones, television, kitchen appliances etc, all have found an easy pass into our daily routine and so have their manufacturers. One such name is Walton Hi Tech Industries, the Asian enterprise that has rocked not only its country Bangladesh but the international markets with its reach in 20 countries. This.... Read more »

Posted on : Friday , 20th July 2018