Market News Page No. 160| Africa Business News

30, 0000 Low Cost Homes to Solve Kenya's Housing Needs

Keeping in mind the 'Big Four' agenda, Kenya is all set to build 30,000 low cost homes in the region. The project will see the light in the region of East Nairobi with 5,000 houses in Shauri Moyo, 20,000 houses in Makongeni, 3,000 houses in Starehe and 2,000 units in Park Road estates. State House spokesperson Mr. Manoah Esipisu informed that the project will be completed in a span of six months, a dead line set by the team responsible.... Read more »

Posted on : Wednesday , 9th May 2018

Tanzania- Natural Gas to be used by Dangotes Mtwara Cement plant

The Mtwara Cement plant will begin using natural gas in its production by the end of next month. The development creates hope that production at the country's largest cement producer will not be affected by electricity challenges, resulting in a number of benefits to consumers such as reduced prices. The move follows the completion of infrastructure, complete with the installation of a natural gas pipeline from Block.... Read more »

Posted on : Tuesday , 8th May 2018

President Magufuli Promoting Pharmaceutical Sector in Tanzania

President John Magufuli has pointed to the ever-expanding demand for medicine and medical supplies within the nation as an opportunity for companies at home and abroad to tap into this market. The nation’s immense demand is met mostly by overseas exporters that accounts for 94 percent of the total demand. A meager 6 percent of the demand is met by local players who manufacture the said drugs domestically. “The ministry responsible.... Read more »

Posted on : Tuesday , 8th May 2018

Tanzania to Attract More Medical Tourism after Adopting New Technologies

Tanzania is set to be the new hub for all medical tourism activities. There have been some very interesting developments in the sector of late with investments worth 14.5bn/- recorded. The Tanzanian administration have also acquired the Positron Emission Tomography Scan (PET Scan) which is expected to be a very big draw to the East African medical community. In yesteryears patients in need of a PET scan would be diverted to countries like India,.... Read more »

Posted on : Tuesday , 8th May 2018

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