Market News Page No. 105| Africa Business News

Mcx Environmental to construct 30-Megawatt Solar Park in Mwale Kenya

Mwale Medical and Technology City (MMTC), Kenya's green city under construction, will soon be armed with a solar photovoltaic plant. The 30 MW plant will be constructed by the American company MCX Environmental Energy Corp. MCX Environmental Energy Corp, a US company specializing in renewable energy production, declared that it will build a solar photovoltaic park in Mwale Medical and Technology City (MMTC), a new city under construction in.... Read more »

Posted on : Monday , 22nd July 2019

Autoexpo Kenya to open tomorrow at KICC in in Nairobi

The 22nd Autoexpo Africa is being held in Kenya at the KICC Nairobi, from the 18th to the 20th of July 2019. East Africa’s premier Automotive Spareparts Accessories and Equipment fair features exhibitors from over 30 countries who are the leaders in the automotive industry will be showcasing their products, services and equipment. Celebrating its 22nd anniversary, the leading trade exhibition for automobile, truck and bus parts,.... Read more »

Posted on : Wednesday , 17th July 2019

Tanzania SGR project's final phase to be financed by China

Foreign Affairs Minister Mr Palamagamba Kabudi declared that Tanzania’s Standard Gauge Railway (SGR) project is going to receive fund from China. He added that the Government of China wanted to support the SGR at the later stage of the project and currently evaluating the project before it engages in further talks. Exim Bank of China proposed its intention to support the SGR in the initial stages, but the proposal was rejected based on.... Read more »

Posted on : Wednesday , 10th July 2019

Tanzania receives a major dam in Lumakali announced by the Government of Tanzania

The government of Tanzania announces the construction of a major dam in Lumakali, Njombe District. Deputy Minister of Energy Mr Subira Mgalu declared the report and states that the authorities are currently involved in reviewing the feasibility study conducted in 1998. The construction of this 388.2m high dam and power centre will produce 222MW of electricity which will be distributed from Lumakali to Mbeya. This project is probably going to.... Read more »

Posted on : Tuesday , 9th July 2019

Kenya to Supply Solar Solutions in Backward Counties

The government of Kenya has started a US$47mn facility under the Kenya-Off-Grid Solar Access Project (KOSAP) to provide viable solar and clean cooking solutions to 1.1mn people in the 14 marginalised counties of West Pokot, Turkana, Marsabit, Samburu, Isiolo, Mandera, Wajir, Garrisa, Tana River, Lamu, Kilifi, Kwale, Taita Taveta and Narok The results-based financing (RBF) and debt facilities under the KOSAP are financed by the World.... Read more »

Posted on : Tuesday , 9th July 2019

3D Printing Poised to Usher in a Period of Rapid Growth in the Kenyan Market

Kenya has long been considered as the innovation hub in Africa.In Kenya today, several businesses provide 3D printing facilities with the nation having an innovative and entrepreneurial spirit.3D printing has been a very sensible and pleasant technology, and if anything that propels it all, it is the Kenyan mentality to offer home-grown alternatives. In this line of thinking, Kenya likes to provide its own alternatives to its own issues and 3D.... Read more »

Posted on : Tuesday , 2nd July 2019

Tanzania Government Launched A Four-Year National Strategic Plan For Ear And Hearing Care

The government of Tanzania launched a four-year national strategic plan for ear and hearing care 2019/23 with a promise to reach the most rural places. Ummy Mwalimu, Minister for Health, Community Development, Gender, Elderly and Children, said, "the government had made outstanding efforts to make sure there was a significant reduction in the number of people with hearing impairment." She said, "this has been.... Read more »

Posted on : Tuesday , 2nd July 2019

UPM Raflatac Introduces New Film Label for the African market, Anticipates Huge Demand

UPM Raflatac are global manufacturers and suppliers of pressure sensitive label materials.Recently the company intoduced their fresh PE 65 film label stock range for the African market along with the European, Middle Eastern and Indian markets.The PE 65 Film Labels are the company's thinnest squeezable films to date in addition to being the thinnest PE label produced for the home and personal care segment. The PE 65 film structures are clear.... Read more »

Posted on : Wednesday , 10th July 2019

Kenya Health Minister Launched A New Vaccine To Protect People Against Meningitis

The Health ministry has launched a new vaccine meant to protect people against meningitis A in five target countries as part of routine immunisation. Meningitis is a bacterial infection of the protective membranes (meninges) that surround the brain and spinal cord. The campaign was launched at Lodwar County Referral Hospital. The ministry said, "it will target an estimated three million people aged between one and 29.... Read more »

Posted on : Tuesday , 2nd July 2019

Tanzania Exports 1 Million tons Of Corn To Kenya

Tanzania is set to sell 1 million tons of corn to neighboring Kenya to provide a helping hand to them from curbed production and caused prices of the grain to soar. A formal request for the sale from Kenya has been received, Tanzania’s state minister for agriculture, Omary Mgumba, said Friday in an emailed statement without giving details of the transaction. He also quoted that tanzania will not only provide corn to kenya but is in the.... Read more »

Posted on : Monday , 1st July 2019

Kenya Welcomes Novozymes, A Denmark Based Global Biotechnology Company

Novozymes, a Denmark based global biotechnology company, has opened a regional office in Nairobi, Kenya as it seeks to broaden its presence in East Africa. Novozymes is a global market leader in biological solutions, producing industrial enzymes and microorganisms to food industry among other sectors. The regional office will initially supply solutions to the brewing and baking industry and allow the company to meet customer and consumer.... Read more »

Posted on : Saturday , 29th June 2019

Haneti Nickel Project increases scope following positive targets

The well known Aim-listed Katoro Gold’s 75%-owned Haneti nickel project, in Tanzania, has acknowledged that there may be a large chonolith-type nickel sulphide deposit. The company has included plans to for a fully funded drilling programme at the two key targets, Mihanza Hill and Mwaka Hill, where it hopes to determine the existence of disseminated or massive sulphide mineralisation. This will define a future larger drilling.... Read more »

Posted on : Thursday , 27th June 2019