N e w s

Kenya Power thinks big on electricity access

  Ministry of Energy and Petroleum cabinet secretary Davis Chirchir has said that negotiations with the African Development Bank (AfDB) for a KSh60bn ($680m) loan for a project to expand access to electricity from 32% to 70% over five years are at an advanced stage and should be completed by December. Disbursement of the first Sh12bn instalment is anticipated in this financial year. Speaking at a media briefing for transmission and.... Read more »

Posted on : Tuesday , 19th August 2014

Kenya: Milk Coolers for Pokot South Farmers

West Pokot County: Dairy farmers from Tapach and Sina areas in Pokot South Sub County have a reason to smile after the County government purchased two milk cooling plants to boost milk production.   Addressing residents outside his office after flagging off the machines, West Pokot Governor Simon Kachapin said the project is aimed at improving dairy farming in the region.   He said the County government has spent Sh.25 million to.... Read more »

Posted on : Tuesday , 19th August 2014

Tanzania: New Geothermal Firm Established

 BLESSED with the potential to generate over 4,000 megawatts of electricity from geothermal sources, the government has formed a company to steer the country into effectively and beneficially tapping it.   Operating as a subsidiary of Tanzania Electric Supply Company (Tanesco), the Tanzania Geothermal Development Company started operations in July this year, according to the Energy and Minerals Minister, Professor Sospeter.... Read more »

Posted on : Tuesday , 19th August 2014

Kenya: Railway Project to Employ 30,000 Kenyans

 Nairobi — More than 2,400 Kenyans have already been hired for the construction of the Standard Gauge Railway (SGR).   Assistant President of China Communications and Construction Company Wen Gang says they also intend to sub-contract about 40 percent of the project to local companies.   At a meeting with President Uhuru Kenyatta at State House Nairobi on Monday, Wen said at its peak, the SGR project will employ more.... Read more »

Posted on : Tuesday , 19th August 2014

Kenya: What Kenya Has Lined Up in Race for U.S. Investments

Kenya is in a good position to wrestle a significant share of the billions of dollars promised during the recent US-Africa Summit in renewed investment plans as a major hub in East Africa.   However, its neighbour Ethiopia and West Africa's Nigeria and Ghana are seen as Kenya's main competitors in drawing the investments from US companies and government.   President Barrack Obama gave the clearest indication two weeks ago that the.... Read more »

Posted on : Tuesday , 19th August 2014

Kenya: Sh2.8 Million Banana Project for Ungunja Farmers

Farmers in Unguja will benefit from a Sh2.8 million programme that seeks to enhance production of bananas and sweet potatoes in the subcounty. Ugunja Community Resource Centre has initiated the programme.   The centre's chief executive officer Aggrey Omondi said the programme will benefit 4,075 farmers. Omondi was speaking on Thursday at Savannah Hotel in Ugunja during the launch of the programme.   He said the pilot project will.... Read more »

Posted on : Tuesday , 19th August 2014

Angola produced 1.7 million barrels of oil per day in July

 Angola produced 1.7 million barrels of oil per day last July, Petroleum Minister José Maria Botelho de Vasconcelos announced on Wednesday in Luanda. The production figure shows a growing tendency toward achieving the production target of 2 million barrels of oil per day in 2015, Botelho de Vasconcelos said during a seminar on dispersants and on-site burning. Cited by Angop news agency, he specified that more than 99 percent of.... Read more »

Posted on : Tuesday , 19th August 2014

Kenya: American Firms Told to Bid for Energy Projects

American companies should compete to develop power projects if Kenya is to get a bigger chunk of funds under Power Africa, according to Energy and Petroleum Cabinet Secretary Davis Chirchir.   Power Africa is an initiative by the American government to help double access to electricity in Africa countries. It is initially focusing on six countries including Kenya, Tanzania, Ethiopia, Nigeria, Ghana and Liberia.   The initiative.... Read more »

Posted on : Monday , 18th August 2014

Opportunities for UK oil and gas companies in Africa

LONDON, 13 August 2014 / PRN Africa / — UKTI's event in Glasgow during the Commonwealth Games highlighted support available to help UK business access export opportunities in east and west Africa.   UK Trade & Investment (UKTI) ran an oil and gas seminar at the British Business House (BBH) in Glasgow during the Commonwealth Games. 80 delegates took part in the seminar, including guests from east and west.... Read more »

Posted on : Monday , 18th August 2014

Dangote Cement set to expand production plants

Dangote Cement Plc plans to expand its cement production plants to Africa, Middle East and Latin American countries. The company hopes that it will, through the planned investment, rank among the top ten global cement manufacturers and also help Nigeria to earn foreign exchange.   According to the Deputy General Manager of Production at the Ibese Plant, Sunday Adondua, Dangote Cement is currently operating in fourteen African countries..... Read more »

Posted on : Monday , 18th August 2014

Nigeria seals $17m water construction deal with China s CGC

Nigeria’s Cross River State has signed a $17 million contract for the construction of Ogoja Water scheme with a Chinese firm CGC.The State Commissioner for Water Resources, Mr. Etowa Elemi, signed the contract on behalf of the state government while the Managing Director of CGC Nigeria Limited, Mr. Ye Sejiun, signed on behalf of the Chinese company.   Speaking at the signing ceremony on Friday in Calabar, the state capital, Governor.... Read more »

Posted on : Monday , 18th August 2014

Louis Berger to oversee Yaounde-Douala highway segment construction in Cameroon

Louis Berger, a $1 billion global professional services corporation, has recently signed a five-year project management contract financed by local funds for the construction of the first segment of the Yaoundé-Douala highway in Cameroon. The total construction value of the project is almost €7million.   The road segment will connect Cameroon’s government and diplomatic hub in Yaoundé to the country’s.... Read more »

Posted on : Monday , 18th August 2014



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