Market News Page No. 255| Africa Business News | Afrotrade

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Tanzania: Mindray Brings Hope to Medics in Tanzania

Beijing — Mindray Medical International Company, manufacturer of medical equipment, has a number of equipment in several hospitals. The Shenzhen based company supplied equipment to Aga Khan Hosptial, Hindu Mandal Hospital, Regency Medical Centre, Muhimbili National Hospital, TMJ, Sanitas Hospital, and some others. According to Mindray spokesperson Mr Jason Wang, the company resorted to technological.... Read more »

Posted on : Tuesday , 11th October 2016

Tanzania: Firm Discovers Graphite in Tanzania

Johannesburg — Investment company Armadale Capital has discovered high-grade coarse flake graphite mineralisation near surface at its Mahenge Liandu project, in Tanzania. The reverse circulation (RC) drilling undertaken to date has intersected wide intervals of high-grade graphite mineralisation. Mineralised graphitic schists with widths of between 40m and 65m have been intersected in multiple holes. This discovery.... Read more »

Posted on : Tuesday , 11th October 2016

State to upgrade crude oil refi nery for exports

The government plans to spend up to Sh1.5 billion to modify the dormant petroleum refinery in Mombasa to handle waxy crude oil from Lokichar Basin for export from next June. Petroleum Principal Secretary Andrew Kamau on Friday said the cash will be used to instal heating equipment among other things at the Kenya Petroleum Refineries, which has been idle since September 2013. This was after India’s Essar Energy fell.... Read more »

Posted on : Tuesday , 11th October 2016

UK and Kenya push onward with green power

Kenyan energy firms have met with British investors to secure investment in the growing renewables sector. The UK-Kenya Renewable Energy Conference in Nairobi hosted around 100 company representatives from both countries to help accelerate the availability of affordable power. It follows the Memorandum of Understanding signed by the governments in May, which saw the UK commit 70 billion Kenyan Shillings (£559m) to.... Read more »

Posted on : Tuesday , 11th October 2016

HFDI to put up Sh5bn estate in Thika Road�s Clay City

The apartments will be built at the former Clay Works off Thika Road in a joint venture with Clay Works Limited which owns the land. The project will sit on 24.5 acres and will be built in three phases. Phase one will be set on 8.6 acres, Phase two on 10.5 acres and Phase three on 5.4 acres. James Karanja, the Executive Director of HFDI, the property development and investment subsidiary of HF Group, said the two bedroom.... Read more »

Posted on : Tuesday , 11th October 2016

Africa: Ethiopia-Djibouti Railway Lifts China's Efforts in Africa's Rail Network

Nairobi — The launch of the Chinese-built Ethiopia-Djibouti railway has shown China's special position in the modernization of Africa's infrastructure, Kenyan scholars said Saturday. "The launching of the Ethiopia-Djibouti standard gauge railway line is expected to spur similar efforts of Africa to link the continent more effectively with an efficient railway transport network, which could be what Africa needs for close.... Read more »

Posted on : Tuesday , 11th October 2016

Tanzania secures $259 mln funding for power grid link with Kenya

Tanzania has secured $258.82 million from the African Development Bank and the Japan International Cooperation Agency for a high voltage electricity line to connect its national power grid to Kenya's, its power utility said on Sunday. The 400 kilovolt (kV) line will be completed within two years and is part of efforts to deepen integration between the two countries' economies, Tanzania's TANESCO said in a statement on its website. Kenya.... Read more »

Posted on : Tuesday , 11th October 2016

Increased consumer spending in Africa attracts Gulf investors

Africa's strong economic fundamentals and investment opportunities has attracted Gulf region investors who now want to tap into increased consumption. During this year's ALN Annual International Conference in Dubai, over 300 investors gathered under the theme 'Africa: Bridging the Gulf" offering them an insight into Africa's high-performing sectors. In the two-day event, in which a report by McKinsey & Co tipped.... Read more »

Posted on : Tuesday , 11th October 2016

Solar Street Lighting Market Advanced technologies and growth opportunities in global Industry by 2024

Outdoor street lighting units used to illuminate a street or open areas via solar energy is termed as solar street light (SSL). Since their primary energy source is solar power, they operate in a stand-alone mode, therefore are not dependent on the general grid for any power requirements, whatsoever. Due to their dependency on sunlight, the lighting unit needs to be installed in a shadow-free area or a place where direct sunlight is.... Read more »

Posted on : Friday , 7th October 2016

AAA Growers, Packaging Line, Kenya

The demand for year-round availability of out-of-season vegetables in Western European has prompted the establishment of large vegetable growing and convenience packaging businesses in countries such as Kenya, where the climate is more amenable for mass cultivation. AAA Growers is a Kenyan-based horticultural firm that farms, processes and exports a wide range of vegetables and flowers for the European, South African and UK.... Read more »

Posted on : Friday , 7th October 2016

Inside Kenya�s most photographed house

Walk into Alan Donovan’s medieval mud palace and you are at once seduced by the widest assortment of indigenous African art and fabrics that give the flooring, walls and rooms a pleasant glow. Most of the more than 6,000 pieces in the house can hardly be found anywhere in the world today, apart from a few private collections or public museums. Alan’s architectural masterpiece standing just off Mombasa Road, on.... Read more »

Posted on : Friday , 7th October 2016

Mercedes-Benz SA launches South Africa's first automotive Facebook Messenger Chatbot

Lauded as one of the most scalable communication touchpoints this year, Facebook captured headlines with the launch of Facebook Messenger Chatbots in April 2016. Digital performance agency iProspect SA recognised, that this technological development provided an unprecedented opportunity for Mercedes-Benz South Africa (MBSA) to leverage its fan base of over 1 million users to meet their client's business goals and engage their target.... Read more »

Posted on : Friday , 7th October 2016

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