N e w s

LG to invest Sh100million in regional expansion

LG Electronics has announced it will expand its branch network in the eastern African region to improve the availability of its products and services for a growing client base. LG is investing approximately Sh100 million in the first phase of this expansion that will see 25 additional retail outlets opened in Kenya, Uganda, Tanzania, Ethiopia, Sudan and Zambia by end of this year. Kenya will see two more outlets opened in Nairobi, bringing to.... Read more »

Posted on : Monday , 31st August 2015

Construction of Standard Gauge Railway in Kenya almost complete

 The Standard Gauge Railway in Kenya which is being constructed by China Road and Bridge Corporation is almost complete; this is according to the external manager Julius Ling.   Mr. Ling said that the Standard Gauge railway in Kenmya is 50 per cent complete and the first locomotive to use the railway between Mombasa and Nairobi is expected at the Port of Mombasa in November this year.   Currently, 48 per cent of the bridges.... Read more »

Posted on : Monday , 31st August 2015

German hydropower plant to start construction of transmission lines in East Africa

 Uganda’s 600MW Karuma hydropower plant is set to commence the construction of transmission power lines; this is after intec – GOPA-International Energy, a German energy consulting company agreed on a US$ 6.3m consultancy services contract.   Funding for the construction of the transmission lines at Karuma hydropower plant are from China’s Exim bank.   Eriasi Kiyemba, Uganda Electricity Transmission Company.... Read more »

Posted on : Monday , 31st August 2015

KenGen Shines at the East African Power Industry Awards in Kenya

 The Kenya Electricity Generating Company, KenGen scored a double win at the inaugural East African Power Industry Awards in Nairobi on Thursday evening when the utility won the Outstanding Clean Power Award and also took top place in the Excellence in Power Generation category.   Other popular winners were Dr Albert Butare, former Energy Minister of Rwanda who won the Lifetime Achievement Award for East Africa, as well as H.E. Dr.... Read more »

Posted on : Monday , 31st August 2015

More Kenyans Exploring Agricultural Businesses

 Each year, many Kenyans graduate from a college or university. Yet many graduates are unable find a job in the country after finishing their studies. The reason: large numbers of young Kenyans are already unemployed.   Now, some university graduates are turning to agriculture as a way to fight unemployment. They think that farming can be as satisfying as any other business or job.   Thirty-three-year old Caleb Karuga is the.... Read more »

Posted on : Monday , 31st August 2015

IFC supports Rwanda farmers

  Local maize farmers will be supported by the International Finance Corporation (IFC), a member of the World Bank Group which extended a loan of $25million to Bralirwa Ltd (Brasserie et Limonnaderies du Rwanda), funds that will go to sourcing the maize farmers and support Bralirwa in plans of expanding production of soft drinks.    “The funding will support our extensive program in Gisenyi, Kigali and the Ndego farm.... Read more »

Posted on : Monday , 31st August 2015

Ugandans urged to do more cross border trade in EAC

 Ugandans should take advantage of the East African Community integration to do more cross border trade, the undersecretary in the Ministry for East African Affairs has said.    Daniel Mugulusi said it is now easier to do trade among regional countries since Ugandans only require a national identity card to be able to access markets in neighbouring countries.   “Our neighbours have taken advantage of the East.... Read more »

Posted on : Monday , 31st August 2015

Muzizi power dam project takes off

 The 44 mega watt (MW) Muzizi Power Dam in Kibale District will finally be a reality soon following the signing of an agreement between the German Development Bank (KfW) and the Agency for French Development under which the two institutions will fund the project to the tune of €70m (about Shs 270 billion).   Muzizi Hydro Power Dam is to be constructed on River Muzizi, a tributary of Lake Albert, for the benefit of communities in.... Read more »

Posted on : Monday , 31st August 2015

Kenyans call for builders

 Stakeholders behind a $US25 billion mega project in East Africa will today call on WA companies to bid for work on the Lamu Corridor in Kenya, as they seek to overturn fears about corruption in the country.   Due to speak at today’s East Africa Oil and Gas Conference in Perth, Silvester Kisuku, chief executive of the LAPSSET Corridor Development Authority, will highlight opportunities.   Kenya Australia Chamber of.... Read more »

Posted on : Monday , 31st August 2015

Animal Feed Crushing Machine Launched

A rural development centre in Ongwediva has launched an animal crushing machine. The machine was made in Ongwediva by artisans at the centre.   The machine processes mahangu, maize, corn and other grains which are used as animal feed.   Nico Aipumbu, a marketing officer at the Ongwediva Rural Development Centre, said requests and demands from visitors of the show last year resulted in the centre creating the.... Read more »

Posted on : Saturday , 29th August 2015

Kenya: Simba, Vivo Secure Diversified Kenya Partnership

Nairobi — Vivo Energy Kenya, the company that distributes and markets Shell-branded fuels and lubricants, has sealed a mutual interest partnership with local diversified business group, Simba Corporation.   The deal will see Vivo access tailor made vehicle leasing solutions from Simba.   Alongside the partnership, Vivo has been retained by Simba Corp as the exclusive lubricants supplier for the upcoming Simba Corporation.... Read more »

Posted on : Saturday , 29th August 2015

Shell Declares Force Majeure On Bonny Light Exports

The spate of pipeline vandalism and crude oil theft in the Niger Delta is increasingly assuming alarming proportion as Shell Petroleum Development Company (SPDC) has again declared force majeure on the exports of Bonny Light grade of crude oil as result of the activities of vandals and oil thieves.   This action is coming in less than one week after the company lifted the force majeure it had declared on gas supplies to the Nigeria LNG.... Read more »

Posted on : Saturday , 29th August 2015



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