Market News Page No. 518| Africa Business News | Afrotrade

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Kenya small business flourish using efficient methodology

Small and medium-sized enterprises (SMEs) in Kenya have increased their productivity and are delivering goods to customers more quickly after introducing the Lean methodology into their processes. Through a series of three workshops, most recently held on 20-21 January in Nairobi, the chief executive officers and managers of Greenforest Foods, Mace Foods, and Stawi Foods and Fruits learned to analyse their production and delivery.... Read more »

Posted on : Thursday , 29th January 2015

Rwanda Coffee Farmers to boost crop output

Huye District residents are expecting bumper harvests of coffee following a coffee extension programme in the district. The move, which seeks to increase areas covered by coffee in the district, is expected to help generate more revenue for farmers, increase productivity, raise household income as well as quality of local coffee, among others Huye is one of the major producers of coffee in the country and is mainly known for the Maraba.... Read more »

Posted on : Thursday , 29th January 2015

Africa's new breed of solar energy entrepreneurs

African economies may be booming, but continued growth and quality of life are being jeopardised by lack of power. The International Energy Agency (IEA) estimates 585 million people in sub-Saharan Africa lack access to electricity, with the electrification rate as low as 14.2% in rural areas. The problem is most acute in East Africa, where only 23% of Kenyans; 10.8% of Rwandans; and 14.8% of Tanzanians have access to an electricity.... Read more »

Posted on : Wednesday , 28th January 2015

Africa's quiet solar revolution

RUSHA, TANZANIA — By Tanzanian standards, Nosim Noah is not poor. A tall, handsome woman with the angular features of her fellow Masai tribe members, Ms. Noah makes a good living selling women’s and children’s clothes in the markets of this northern Tanzanian city. The four-bedroom brick house she shares with her parents and three children outside town has many modern comforts: mosquito screens on the windows and doors, a gas.... Read more »

Posted on : Wednesday , 28th January 2015

Tanzania: Maasai Bomas to Get Solar Power, Computer Connections

Monduli — THE mud-sealed, straw thatched, traditional Maasai Bomas may not be exactly something you would look at with any interest, except that soon these domestic structures will be exuding electricity light and also will be having computers installed inside. The International Collaborative for Science Education and Environment (ICSEE) Tanzania in association with the Adventists Development and Relief Agency (ADRA) is executing the.... Read more »

Posted on : Wednesday , 28th January 2015

Government plans to provide electricity to at least to 70 percent of Kenyans

DAVOS: The Government plans to provide electricity to at least to 70 percent of Kenyans in the next three years, Deputy President William Ruto has said. Speaking in Davos, Switzerland, Mr Ruto said the Government had engaged in the ambitious project including infrastructural development so as to spur economic growth. He said Kenya wanted to create an environment that will attract investment to the country and create employment. "Kenya is.... Read more »

Posted on : Wednesday , 28th January 2015

Kenya�s soft diplomatic power in sizzling geothermal energy

The formation of the scenic Rift Valley may have inadvertently handed Kenya a wild card. You can imagine the era when volcanoes erupted with pleasure and in abandon from Longonot to Menengai, from Paka to Silali. The chain is endless especially along the fault-lines of the rift. Yet, today, that phenomena that must have looked like an extract from hell, gives Kenya not only scenic landscapes; the very act of volcanism is supporting Kenya’s.... Read more »

Posted on : Wednesday , 28th January 2015

Kenya Power mulls outsourcing meter reading to increase revenue

Kenya Power plans to outsource the entire metering process as part of its strategy to enhance service delivery to customers and increase revenue. The national electricity distributor opines that by sub-contracting the exercise, it will be easier to get accurate power usage by customers and increase revenue. Managing Director Ben Chumo confirmed that the initiative is also aimed at eliminating corruption which for a long time has denied the.... Read more »

Posted on : Wednesday , 28th January 2015

Caterpillar expects tough 2015, restructuring anticipated

World’s leading manufacturer of construction and mining equipment Caterpillar has said it expects a tough 2015 as a result of the modest improvement anticipated globally as well as the continued weakness in commodity prices—particularly oil, copper, coal and iron ore as to which the company depends on for its sales. The company adds to undertake restructuring actions that will cost the company about.... Read more »

Posted on : Wednesday , 28th January 2015

East African markets top in sub-Sahara Africa

The sub-Saharan Africa market performance report, however, shows sub-Saharan Africa equity market performance was mixed, with Rwanda Securities Exchange declining by 4.5 per cent over the reporting period. The worst performers in local currency terms were Zimbabwe where the market lost 19.5 per cent and Nigeria which lost 16.1 per cent of its value in the year. In dollar terms, however, most markets had negative returns. Performers with.... Read more »

Posted on : Tuesday , 27th January 2015

Developing & Structuring Industrial and Infrastructure Projects in Africa

Developing industrial and infrastructure projects is not just a technical task, but involves a full range of elements to develop a sustainable business model. This business model takes into account ownership structure, communities, understanding requirements for funding, capacity, technology, financial models, environmental and market analysis, etc. Project developers, and their stakeholders, regularly find a heavier burden to bring all.... Read more »

Posted on : Tuesday , 27th January 2015

Tanzania plans to revive tyre maker

The government has once again expressed its commitment to reviving the Arusha-based General Tyre East African Limited (GTEA) factory before the end of this year. Janeth Mbene, the deputy Minister for Industry and Trade was last week here to brief on the government’s plans on reviving the tyre-making plant. “As government, we are interested to see the factory resumes operation as soon as possible. But, I.... Read more »

Posted on : Tuesday , 27th January 2015

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