Market News Page No. 174| Africa Business News

Boost to Kenyan Horticulture by Elgon Kenya-Dudutech Pact

The deal is struck between Integrated Pest Management (IPM) provider Dudutech and agro input company Elgon Kenya. Through this pact, Elgon will distribute Dudutech’s products that are acclaimed worldwide. This agreement is thought of as transformative in the horticultural industry of Kenya. Recording an average growth of 15% to 20% annually, the horticultural category within the agricultural sector is the most flourishing industry. This.... Read more »

Posted on : Wednesday , 18th April 2018

SunCulture Launches Solar-Powered Water Pump In Kenya

SunCulture the company from Africa, launched a solar-powered water pump in Kenya designed to offer smallholder farmers low cost solution to unreliable rainfall and lack of access to grid electricity. SunCulture said the RainMaker, a new internet-connected solar water pump system, targets mass market of underserved smallholder farmers in Asia, Africa, and Latin America. Samir Ibrahim the firm’s CEO said most small.... Read more »

Posted on : Wednesday , 1st November 2017

BILL GATES� SUPPORT FOR CERVICAL CANCER IN TANZANIA CONCLUDES

Access to screening services available at prevailing family planning clinics increases, as cervical cancer cases grow. Anil Tambay, Maries Stopes Tanzania Country Director stated in Dar es Salaam to mark the conclusion of the cervical cancer screening and preventative therapy project by the Bill and Melinda Gates Foundation. He remarked that such family planning programmes were “natural entry points” for prevention.... Read more »

Posted on : Tuesday , 7th November 2017

Kenya Among Those to Lend Support To Somalia

The Government of Kenya has made a donation of an assortment of medical supplies to the Federal Government of Somalia to aid and treat all those affected by the recent bombings in Mogadishu by the terror outfit Al-Shabaab. The supplies were transported by air from Kenya to the Federal Minister of Health and Social Services, Fawziya Abikar. The mayor of Mogadishu, Thabit Abdi Mohamed was also present to receive the.... Read more »

Posted on : Wednesday , 1st November 2017

Zarara To Begin Lamu Offshore Drilling

NEMA has given a British oil and gas firm the green light to start Sh16.4 billion drilling for commercial gas on Pate Island, Lamu county. The National Environmental Management Authority (NEMA) has cleared Zarara Oil and Gas Ltd to start drilling one of two wells believed to contain huge natural gas deposit on the archipelago. Mr. Salim Ahmed Bashir - Lamu County Nema director of environment - confirmed that Zarara has.... Read more »

Posted on : Wednesday , 1st November 2017

Symbion to Co-Invest $100 million In Methane Gas Project in Rwanda

Symbion CEO, Paul Hinks has announced that they will collaborate with Highland Group Ltd to make an investment of $100 million to generate 106 megawatts of methane power on Lake Kivu in Rwanda. The lake has an estimated 55 billion cubic meters of naturally occurring methane gas. The power generation capacity of Lake Kivu has been conservatively estimated at approximately 500 MW over a period of 40 years. At.... Read more »

Posted on : Wednesday , 1st November 2017

New Cricket Stadium Launched in Rwanda

In a historic event for Rwanda’s cricket fraternity, the country’s very first international cricket stadium was launched. The brand new ‘Gahanga Cricket Stadium’ covers 4.5 hectares and was inaugurated by Paul Kagame, the President of Rwanda. The stadium was funded mainly by international cricket players keen to see the sport take flight in Rwanda. The cost of construction amounted to.... Read more »

Posted on : Wednesday , 1st November 2017

Vision 2030 Chief Looks to Improved Medical Tourism

Specialized hospitals in Kenya are expected to help raise funds through medical tourism. This particular activity has worked wonders in India and is expected to do the same for Kenya too. Julius Muia, the Vision 2030 Delivery Secretariat, Director-General said that a recently conducted a situational analysis across the nation revealed the presence of 5000 foreign citizens visiting Kenya on a yearly basis to make use of the medical.... Read more »

Posted on : Tuesday , 31st October 2017

BREAKTHROUGH DTG PRICE AGREEMENT FOR 90 LMIC COUNTRIES

The first low-price, single-pill antiretroviral treatment is likely to be made available in 90 LMIC (low and middle income) countries thanks to a breakthrough costing agreement for HIV drugs. The regime which contains DTG (dolutegravir) could become extensively available in LMIC countries for about a tenth of the current price – around US $75 per person per year. The deal came about due to collaborative efforts between.... Read more »

Posted on : Tuesday , 31st October 2017

Local and International Renewable Energy Producers Meet in Kigali

Domestic and international players are expected to meet in Kigali soon in an attempt to identify new opportunities in the renewable energy sector. The objective of the forum will be to act as a platform for networking and showcasing new technologies in the sector. The forum is set to venture into Rwanda and will bring to light new and exciting investment opportunities in the renewable energy sector. The forum will.... Read more »

Posted on : Tuesday , 31st October 2017

Kenya Power- Network Expansion To Cost Ksh 40B

Over the next three years, Kenya Power is targeting to increase its customers to 7.5 million, plans to commercialize its fiber optic cable to generate some of the cash to finance the power network expansion. The total installed capacity currently stands at 2333MW bolstered by intense geothermal generation while peak demand is 1,656MW. Demand for electricity for the year to June 30th grew 4.4%. Even though a bulk.... Read more »

Posted on : Monday , 30th October 2017

Safari Doctors Bringing Healthcare to Remote Kenya

The UNICEF has hailed Kenya as a “success” for their constant efforts to fight poverty and work towards a better economic environment. However, while they have succeeded in this sphere, they have failed elsewhere. For all the progress made across a variety of sectors of the Kenyan economy, the medical sphere still remains terribly understaffed with only 1 doctor and 12 nurses available every 10,000 people in the nation.... Read more »

Posted on : Monday , 30th October 2017