N e w s

Kenya: EADP, German Lender Agree $13 Million Credit Deal to Boost Agriculture Sector

Hurdles of Kenyan farmers, organisations as well as small and medium sized enterprises in the agriculture value chain in accessing credit are set to ease with the signing of a €13 million ($13.8 million) financing agreement between German lender KfW and the East African Development Bank .   The lender will provide medium to long term loans.   The agreement targets the "Agricultural Financing Kenya" project which is.... Read more »

Posted on : Friday , 28th April 2017

Tanzania: Social Funds to Create 25 New Industries, Generate Over 300,000 Jobs

Morogoro — Social security funds plan to establish at least 25 industries countrywide and create over 300,000 jobs for Tanzanians, the government declared here yesterday.   The Minister of State in the Prime Minister's Office, Policy, Parliamentary Affairs, Labour, Employment, Youth and People with Disabilities, Ms Jenista Mhagama, said the government was determined to achieve the industrial based economy through serious public and.... Read more »

Posted on : Thursday , 27th April 2017

Rwanda: New Govt Initiatives to Attract More Investment in Affordable Housing

How can Rwanda deliver more affordable housing units and ensure low and middle-income earners acquire decent homes in the medium-term? This question becomes more pertinent particularly as the country's urban population continues to grow rapidly while few houses are being delivered for this market segment.   However, the Rwanda Housing Authority (RHA), city authorities and other stakeholders say there is no cause for alarm "as there.... Read more »

Posted on : Thursday , 27th April 2017

Tanzania: Over Half of Rural Households Now Powered by Solar

Dar es Salaam — Solar power revolution is happening in Tanzania with a new study indicating that more than half (65 per cent) of rural households that have access to electricity use solar.   The Energy Access Situation Report 2016 released earlier this week by the National Bureau of Statistics and the Rural Energy Agency shows that grid electricity is the second largest source of power in rural areas with 34.5 per cent of households.... Read more »

Posted on : Thursday , 27th April 2017

Tanzania: Report States that 33 Percent Tanzanians Have Electricity Access

Dar es Salaam — A total of 3,753, 615 households in Mainland Tanzania are electrified with any form of electricity out of 11,454,818 households, a new study indicates.   This is equivalent to 32.8 per cent of all households of Mainland Tanzania and is an increase from 18 per cent of all households connected to electricity in 2011/12.   The Energy Access Situation Report 2016 released earlier this week by the National Bureau.... Read more »

Posted on : Thursday , 27th April 2017

Tanzania: Plug Loopholes or Lose Revenue from Gas Discoveries - CAG

Dar es Salaam — The Controller and Auditor General (CAG) has cautioned the government that the country is facing several risks of losing substantial revenue from the huge discoveries of natural gas unless measures are taken to plug loopholes.   According to a recent report by CAG Mussa Assad, the natural gas bonanza cannot build a strong economy to lift many Tanzanians from poverty unless several measures are taken on managing the.... Read more »

Posted on : Thursday , 27th April 2017

Kenya: American Roasters to Increase Coffee Imports by 25 Percent

American roasters are expected to raise coffee purchases from Kenya by a quarter to Sh3.5 billion annually after the country showcased its produce in the ongoing symposium in Seattle, US.   Coffee Directorate made a pitch for Kenya's specialty coffee during the exhibition to have the US, which pays a premium price for the commodity, increase its uptake 25 per cent.   America buys seven per cent of Kenya's annual export of 46,000.... Read more »

Posted on : Wednesday , 26th April 2017

Kenya: Current Administration Built 1,822km of New Roads During Term

The Ministry of Transport is fighting back on reports that the Jubilee administration has been skewed in construction of roads in the country.   Infrastructure Principal Secretary John Mosonik told the Nation that while it is true there were ongoing projects when the current administration came to power, a lot more has been accomplished in the last four years.   "Over last few days, the number of kilometres of roads in the.... Read more »

Posted on : Wednesday , 26th April 2017

Rwanda, Morocco Ink New Infrastructure Development Deal

Rwanda Football Federation (Ferwafa) has signed a new agreement with the Federation Royal Marocaine de Football (FRMF) aimed at improving football infrastructure in the country.   In a statement released on Saturday, Ferwafa president Vincent Nzamwita confirmed the development on the conclusion of a seven-day visit to Morocco on the invitation of his counterpart, Fouzi Lekjaa.   The two sides discussed the funding of the FERWAFA.... Read more »

Posted on : Wednesday , 26th April 2017

Rwanda: Kigali to Get New Digital System to Make Construction Permits Easier

It will now be easier and faster to process construction permit applications in the City of Kigali (CoK) and secondary cities around the country, thanks to a new digital system for issuing and managing building permits that starts today.   The electronic Building Permit Management Information System (eBPMIS) is designed to digitise building permit issuing services in the City of Kigali and secondary cities and to improve service delivery,.... Read more »

Posted on : Wednesday , 26th April 2017

Tanzania: Plastic Bag Factories Will Have to Install Recycling Plants As Well

Morogoro — New plastic bag manufacturing factories in the country will have to install recycling facilities as the government moves to curb environmental degradation, the National Environment Management Council (NEMC) has announced.   NEMC Coordinator for the Eastern Zone Jaffar Chimgege, speaking here over the weekend, said: "As a country, we face a serious challenge when it comes to littering the environment by plastic.... Read more »

Posted on : Wednesday , 26th April 2017

Nigeria reclaims position as Africa’s top oil producer

Nigeria may have reclaimed its position as Africa’s top oil producer beating Angola. Angola had led the African oil producing countries with its 1.7 million barrels of crude oil a day, well above Nigeria’s 1.5 million barrels per day, in September 2016, for seven straight months. According to the December 2016 Monthly oil Market report (MOMR) of the OPEC, crude oil production from Nigeria went a notch above that of Angola even.... Read more »

Posted on : Saturday , 22nd April 2017



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