Market News Page No. 169| Africa Business News | Afrotrade

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India and Tanzanians Growing Relationship

India has asked Tanzania to grant long-term visas for reputed business companies with multi-entry facility to promote investments between the two countries, the commerce ministry said today. During the fourth session of India-Tanzania Joint Trade Committee meeting the issue was discussed. The Commerce and Industry Minister Nirmala Sitharaman led the Indian delegation and the Minister for Industry, Trade and Investment.... Read more »

Posted on : Monday , 18th September 2017

Major Mlimani City expansion project expected to cost $100 million

A total of $100 million will be the total cost of the ongoing expansion project for Mlimani City (about Sh224 billion on the prevailing exchange rate) as investors seek to make sure that the facility meets international standards. According to the supplement addendum between the government, the investors and the University of Dar es Salaam, By December 2019 the expansion of the facility is expected to be completed. A hotel and.... Read more »

Posted on : Monday , 18th September 2017

Rwandas Electrification objective

Additional financing for energy projects have been approved by Rwanda. The cabinet did this with the objective to close the gaps in power generation. It got approved during a cabinet meeting chaired by President Paul Kagame. He approved the loans and grants worth over $51 million to fund three major renewable energy projects. Before the end of next year the country targets to increase to 563MW of electricity. It also.... Read more »

Posted on : Monday , 18th September 2017

Eye from Zion treats 723 in Kenya, sets up new eye clinic

During the week of August 15-23, 2017, volunteers with Israel’s Eye from Zion humanitarian organization held an “eye camp” in Chuka, Kenya. They received 723 patients in three locations, from infants to senior citizens, performing free treatments and surgeries – 85 percent of the surgeries to remove cataracts and 10% to correct astigmatism. Medical personnel volunteering for this mission came from Western.... Read more »

Posted on : Wednesday , 13th September 2017

Kenya: Missionary receives national award for her medical work

Irish Loreto Missionary, Sr Mary Owens, has been presented with an award by the Ministry of Health in Kenya in appreciation of her timeless service and dedication to the country’s Anti-Retroviral Therapy (ART) Programme. The Programme provides quality HIV care, treatment and support to those infected or affected by HIV and is part of the ministry’s National AIDS and STI Control Programme. Over 200,000 children under 14 years.... Read more »

Posted on : Wednesday , 13th September 2017

Medical-Education in Sub-Sahara Africa

Medical education in Africa has significantly evolved over the years. From the time when there were only 5 medical schools in the region, to the expansion era after African countries achieved independence and now when the medical education structure is making efforts in providing m-health programmes for students. Online courses have great potential of improving healthcare in Sub-Sahara Africa. However, the medical education.... Read more »

Posted on : Wednesday , 13th September 2017

Indian doctors offer health services at Mombasa Hospital

The administrative director of Mombasa Hospital Abbas Nasser says specialist surgeons from India are conducting a free medical camp at Pandya hospital where they are treating patients with cancer, heart and diabetes and related problems. “Those that shall require surgery will be operated on free of charge”, he said. He lauded the collaboration with the Indian doctors saying this would make it easier and.... Read more »

Posted on : Wednesday , 13th September 2017

Kenya's MPs to name only 1 wife in new medical scheme

Elected MPs with large families or more than one spouse will have to bear the brunt of the austerity measures introduced by the Salaries and Remunerations Commission (SRC). Unlike in the past, the Parliamentary Service Commission (PSC) medical scheme now covers only the MP or senator and a maximum of five dependants. According to the scheme seen by The Standard, family members covered include one spouse and four children aged under 25.... Read more »

Posted on : Wednesday , 13th September 2017

Kenya: the AfDB looks to fund Lamu coal project

The African Development Bank (AfDB) is considering to fund the construction of Kenya’s first coal-fired power plant. Speaking to Xinhua in Nairobi on Monday, AfDB Director-General of the East Africa Regional office, Gabriel Negatu, said the multilateral development finance institution is awaiting the environmental and social audits before they can release the funds. "The owners of the 1,000MW Lamu coal plant.... Read more »

Posted on : Wednesday , 13th September 2017

KenGen powering Kenya to the future

The Kenya Electricity Generating Company was established in 1954 and listed at the Nairobi Securities Exchange in 2006. In 2006, The Securities Exchange was located in Nation House and I recall the euphoria and the excitement around that listing. It was a momentous moment in the history of the Kenyan capital markets and I urge the Kenyatta administration version two to revisit that period, when our capital markets felt.... Read more »

Posted on : Wednesday , 13th September 2017

Kenya: Loans for Solar Systems Make Power Affordable in Rural Kenya

Naivasha — Access to credit enables villagers to buy solar equipment in instalments - easier and cheaper than a grid connection It is early evening in Ndabibi village in Naivasha, and there are threatening clouds overhead. Kenneth Njoroge quickly parks his motorcyle by the mud structure that serves as his kitchen and rushes into the main house before the rain starts pounding. Until recently, Njoroge's home northwest.... Read more »

Posted on : Wednesday , 13th September 2017

Kenya: gov to shoulder Lake Turkana Wind Power bill

In East Africa, developers of the Lake Turkana Wind Power project are billing Kenya Power monthly due to its failure to distribute the generated power as a result of a lack of transmission infrastructure. According to the Daily Nation, this is despite recent discussions between energy ministry officials and the wind farm managers to delay the billing, which would ultimately be passed on to consumers. Kenya Power managing.... Read more »

Posted on : Wednesday , 13th September 2017

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