Market News Page No. 148| Africa Business News

Kenya Inducted In China's Infrastructure Bank

Kenya’s application to be inducted in the China-led Asian Infrastructure Investment Bank (AIIB) has been accepted, creating a big financial boon for the developing nation. It will be a cheaper solution for Nairobi’s financing needs with regards to infrastructure. AIIB’s Vice President and Corporate Secretary Sir Danny Alexander commented in a statement, "We're very happy to welcome Papua New Guinea and Kenya as prospective.... Read more »

Posted on : Saturday , 5th May 2018

Kenyan Glass Giant Impala Glass Sets Stage at 21st Autoexpo Africa - Kenya 2018

'Roll down your mirrors and see the venue in Nairobi', is now a frequent line said by Impala Glass Industries, who are all set to participate in the 21st AUTOEXPO AFRICA - KENYA 2018, starting from the 17th till the 19th of May 2018 at the Kenyatta International Convention Center (KICC), Nairobi. The local magnet, whose home ground is Nairobi, has grown into the largest producer & distributor of glass related products over the.... Read more »

Posted on : Saturday , 5th May 2018

Fire Protection products and services to be showcased by NAFFCO at the 7th Oil and Gas Africa 2018 in Kenya

NAFFCO the Middle East’s leading producer and supplier of life safety solutions will present its wide range of fire safety equipment at the 7th Oil and Gas Africa organized by Expogroup in partnership with EACCIA, Town and County Planners Association of Kenya and the Ministry of Energy and Petroleum at the Kenyatta International Convention Center (KICC), Nairobi from the 29th to 31st of May. As an industry leader in.... Read more »

Posted on : Thursday , 3rd May 2018

Tanzanian State-owned NALF Launches New Brand of Alcohol

The National Alcohol & Liquor Factory (NALF) has announced the launch of ‘National Vodka’ their newest brand of alcohol. This new range has been long-awaited and has been launched after a whole year of growing speculation. National Vodka hit shelves last month and is now easily available in stores. This new line will be sold in 750ml bottle and will have an alcohol content of 40 percent. It will join a stable of other.... Read more »

Posted on : Friday , 4th May 2018

Swiss Belhotel to Make Tanzania Debut Next Year

The Swiss-Belhotel has joined hands with the Arabian Travel Market (ATM) from Dubai and also the Zanzibar Crown Hotel and Resort to take over managerial control of the Swiss-Belresort Zanzibar. The project is expected to be open for business in 2019. This will be the group’s first project in Tanzania and in the East African region as a whole. Mr. Nadhim Said Hamdan Al Rawahi, the Owner of Zanzibar Crown Hotel and Resort Limited, said,.... Read more »

Posted on : Thursday , 3rd May 2018

Shakti Pumps to Display Their Energy Efficient Solar Water Pumps at the 5th Solar Africa 2018, Kenya

India’s Shakti Pumps, a leading manufacturer of energy efficient submersible pumps will be showcasing their newly enhanced solar water pumps at the 5th Solar Africa 2018 organized by Expogroup in partnership with EACCIA, Town and County Planners Association of Kenya and the Ministry of Energy and Petroleum at the Kenyatta International Convention Center (KICC), Nairobi from the 29th to 31st of May. Shakti pumps are.... Read more »

Posted on : Thursday , 3rd May 2018

Davanti tyres: leading the way at the 21st Autoexpo Africa, Kenya

Kenya will witness the road come alive at the 21st AUTOEXPO AFRICA 2018 with Davanti Tyres exhibiting their wheels to an international audience from the 17th to 19th of May, 2018 at the Kenyatta International Convention Center (KICC), Nairobi. With a strong assurance of optimum performance, their tyres are made to run smooth, have an all weather grip and produce low noise values. The 2018 AutoExp will display a vision of expansion in the.... Read more »

Posted on : Tuesday , 1st May 2018

Robert Bosch Gmbh to Headline the 21st Autoexpo Kenya 2018

Robert Bosch Gmbh, global heavyweights in technology and services will lead Autoexpo’s impressive exhibitor line-up in Kenya this May. The company has a reputation of providing automotive products of the highest quality on an international scale and has partnered with Autoexpo this year to maximize their productivity in the fast-growing markets of East Africa. Bosch has had a constant presence on the African continent since 1906, across a.... Read more »

Posted on : Tuesday , 1st May 2018

UAE's Top Oil Distributor EMARAT to Showcase at the 21st AUTOEXPO AFRICA 2018, Kenya

The oil giant EMARAT will be the sponsor and participant at the 21st AUTOEXPO AFRICA 2018, Kenya held at the Kenyatta International Convention Center (KICC), Nairobi from the 17th to 19th of May, 2018. It has proven to be UAE’s leading petroleum brand for its dedicated service and par excellence lubricants on a global scale. With a strong vision it mind, it has empowered the Middle East by pushing itself to create a successful.... Read more »

Posted on : Saturday , 28th April 2018

NTPC- Indian Giants Set to Debut at the 7th edition of Power and Energy Africa 2018 In Kenya.

NTPC the top power company of India with a commissioned capacity of 53,651 MW plans to become a 130 GW company by 2032. It feeds a fourth of India's electricity needs or as they say "NTPC lights up every fourth bulb in the country". Having operations that match global standards, has led to it being known as one of the most efficient power companies in India. This well renowned company is participating at the 7th edition of Power.... Read more »

Posted on : Friday , 27th April 2018

KURA building footbridges at Sh880 million aimed at public safety

The newly upgraded Outer Ring Road in Eastlands will now boast of 11 footbridges the construction of which is currently underway KURA chief corporate communication officer John Cheboi yesterday said the Chinese firm Sinohydro Tianjin Engineering Limited will construct the footbridges at a total cost of Sh880 million. The company has started putting up the footbridge at Baba Ndogo area and sources said that the process will continue until.... Read more »

Posted on : Thursday , 19th April 2018

Nissan's Latest Auto-Manufacturer to Target Market in Kenya

Nissan Motor Co. Ltd. will soon begin assembly-operations in Kenya. This comes as a major boost the local administration which aims to make the country, East Africa’s hub for auto-manufacturing activities. A goal that remains very realistic due to Kenya’s strategic location in the regions and the dependence of neighboring nations on its economy. The Japanese giants are only the newest name in a long list of international auto-giants.... Read more »

Posted on : Wednesday , 18th April 2018