N e w s

6000 Chinese firms want in on Tanzanian ores

MWANZA, Tanzania – Chinese resource companies are looking at  making Tanzania an investment stronghold.   Mining and infrastructure projects are attracting more Chinese companies and individuals in the Tanzanian economy.   There are 6,000 Chinese interested in exploiting minerals in South Tanzania.   The Njombe Regional Commissioner, Rehema Nchimbi was quoted recently as saying, “There are more than 6,000.... Read more »

Posted on : Tuesday , 27th January 2015

Tanzania: 45 Villages in Mara to Get Electricity

Musoma — AS part of the government's rural electrification plan, a total of 45 villages in Mara Region will be connected to power through the Rural Energy Agency (REA), it has been announced. The announcement was made by the Minister of Energy and Minerals, Prof Sospeter Muhongo, who is on a six-day tour of the region to inspect implementation of the second phase of rural electrification projects undertaken by REA and Tanzania Electric.... Read more »

Posted on : Monday , 26th January 2015

Kenya: KPLC Launch Sh 35 Million Mombasa Slum Electricity Project

An electricity project will ensure power connection to more than 3,000 households in Kaa Chonjo slum, Tudor. Kenya Power launched the project in Mombasa town yesterday.   Speaking at Kaa Chonjo slum, managing director Ben Chumo said the project is partly funded by the World Bank.   As the project gears up on one side, It is an invitation to all businessmen dealing in power and energy sector to expand their business in this pool of.... Read more »

Posted on : Monday , 26th January 2015

Southern Africa: Renewable Energy - Future of SADC Energy Sector

Harare — Access to clean sustainable energy has become part of the international development agenda during the past two decades, reflecting the global recognition of the important role that energy plays in the delivery of basic services and in generating jobs and income. Widely regarded as the "Missing Millennium Development Goal (MDG)", energy has a direct impact on the welfare of people, facilitating the supply of water and.... Read more »

Posted on : Monday , 26th January 2015

Solar could power half of Kenya by 2016, according to experts

Kenyan government identifies nine viable sites for its proposed $1.2 billion investment in solar energy. The Kenya Renewable Energy Association – in collaboration with the Kenyan government and a number of private companies – has identified nine potential sites for the ambitious construction of solar power plants in the country. A pot of $1.2 billion has been made available to Kenya’s burgeoning solar power industry, which.... Read more »

Posted on : Monday , 26th January 2015

Kilwa residents earn 361m/- from timber exports

In a statement, Mpingo Conservation and Development Initiative (MCDI) said nine communities set aside 100,000 hectares of village natural forests with sustainable harvesting for exports.   “MCDI also supported seven communities in the nearby Liwale and Tunduru districts to reserve 80,000 hectares of forest in 2014,” the statement said.   The Kilwa based MCDI further noted that the communities have the legal rights in.... Read more »

Posted on : Monday , 26th January 2015

Africa: Gauteng to focus on manufacturing industry to revive its industrialization.

 Gauteng will focus on manufacturing to revive its industrialisation. "While the orientation of the economy has shifted towards business and finance services, manufacturing still forms the cornerstone of the province's plans to fight unemployment, poverty and inequality," Gauteng MEC for Economic Development, Environment, Agriculture and Rural Development Lebogang Maile said. He was addressing the Gauteng Industrialisation Forum.... Read more »

Posted on : Monday , 26th January 2015

Turkey eyes to boost trade investment & economic ties with Africa

 Turkey’s moves to gain more influence in African trade are “at the point of no return” and “should go on” despite the presence of giant competitors on the continent. This was the view of economic analysts speaking ahead of President Recep Tayyip Erdoğan’s 12-country African visit starting this week. Erdoğan will begin his first visit of 2015 by visiting two East African states, Ethiopia and.... Read more »

Posted on : Monday , 26th January 2015

Tanzania, Jordan to sign trade pact

 The government will next month sign free trade agreement with the Middle East Kingdom of Jordan that would enable smooth movement of goods and services from both countries.   Speaking to this paper in a telephone interview the Vice Chairman of Tanzania Chamber of Commerce Industry and Agriculture (TCCIA), Dar es Salaam Region, Vicent Minja said the signing is a result of the recent visit made by the chamber in.... Read more »

Posted on : Monday , 26th January 2015

Kenya now seeks to join global sisal board

The Agriculture, Fisheries and Food Authority Sisal Inspectorate move seeks to reverse its predecessor, the Kenya Sisal Board’s decision to quit the global body.   According to the Fibre Crops Directorate’s Interim Head Anthony Mureithi, the country early this month formally requested to rejoin the Inter Governmental Group on Hard Fibres which comprises countries such as Brazil, Tanzania, China and Madagascar, among other.... Read more »

Posted on : Monday , 26th January 2015

Kenya Power plans to outsource the entire metering process

Managing Director Ben Chumo confirmed that the initiative is also aimed at eliminating corruption which for a long time has denied the company huge sums in revenue.   “Our focus as a company is to ensure meter reading and billing is professionally done,” he said in an interview in his Stima Plaza office.   For a long time, Mr Chumo added, the company has been faced with graft where some personnel conspire with customers.... Read more »

Posted on : Monday , 26th January 2015

Eni announces a new oil and gas discovery in the Western Desert of Egypt

In the last three years, in the Western Desert of Egypt Eni has doubled its oil production through exploration of deep sequences. Eni has announced a new discovery of oil and gas in the West Melehia deep exploration prospect, located in the Melehia licence, in the Western Desert of Egypt, 300 square kilometers west of Alexandria.   The exploration well, which allowed the discovery of Melehia West Deep 1X, was drilled to a depth of 4,175.... Read more »

Posted on : Saturday , 24th January 2015



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