N e w s

Africa: The US-Africa Business Forum: Investing in solar energy

 Solar energy is a very good and important investment in sub-Saharan Africa.   The energy is cheap, clean and relatively easy to install. It is also very beneficial to consumers.  As Andy Herscowitz, the coordinator for Power Africa notes, individuals do not have to rely on an electricity grid that can be unreliable, and once they own their own systems, they are self-reliant for power.   For example, Mobisol, a German.... Read more »

Posted on : Tuesday , 20th September 2016

A switch from nuclear to solar would brighten the future for Africans and for Britain alike

 The Sahara and Somerset don’t strike one as obvious doppelgangers: you’re as unlikely to find date palms in the Mendips as to come across a cider brewery on a sand dune. But now they find themselves curiously connected when it comes to the future of electricity generation, representing two possible paths ahead.   The £18.5 billion nuclear plant at Hinkley Point given the green light by the government last week will.... Read more »

Posted on : Tuesday , 20th September 2016

Sh1.7b to boost better storage of biomedical materials

 The United States has donated Sh1.7 billion ($17 million) to Kenya to improve its storage of biomedical materials.   The money will be used to improve storage infrastructure and train public health workers and those in life-sciences like zoology, microbiology, physiology and biochemistry to mitigate the threat of infectious diseases.   When not handled properly or lands in the wrong hands, infectious bacteria such as anthrax.... Read more »

Posted on : Tuesday , 20th September 2016

African officials urge investments in climate smart agriculture

 There is need for African governments, multilateral agencies and private sector to prioritize investments in climate resilient farming that promise food security and higher incomes for rural people, officials said on Thursday.   Speaking at a side event in the ongoing Africa Green Revolution Forum in Nairobi, the officials were emphatic that African states had no option but to adopt farming systems that can withstand climatic shocks.... Read more »

Posted on : Tuesday , 20th September 2016

Lobby group wants more consultations over new SGR route

 Conservationists are up in arms about the Nairobi-Naivasha standard gauge railway (SGR) route that will cut through the Nairobi National Park, and are calling for the postponement of its launch to allow for more consultations.   Kenya’s President Uhuru Kenyatta is expected to launch this new phase, whose construction will begin at the Nairobi National Park, on September 26.   Conservationist lobby Friends of Nairobi.... Read more »

Posted on : Tuesday , 20th September 2016

Titanium oxide prices set to rise by 2017

 Base Resources Ltd of Australia expects prices of titanium oxide mined in Kwale county on Kenya’s Coast to improve in the months leading to 2017.   The firm, which started production at the Kwale mineral sands project late 2013 has in the past one year been affected by depressed titanium oxide prices due to oversupply on the global market and reduced demand in China.   Base managing director Tim Carstens said there are.... Read more »

Posted on : Tuesday , 20th September 2016

The Sharing Economy: A driver for e-commerce in Kenya and Africa

 NAIROBI, KENYA: According to a report by Price WaterHouse Coopers (UK), global revenues generated by the growing phenomenal that is shared economy or peer to peer (P2P) business is predicted to be worth $335bn by 2025. However, this figure is only said to represent revenues generated from the main sharing economic sectors that is financing, accommodation, transport, online staffing and video and music sharing. These numbers are probably.... Read more »

Posted on : Tuesday , 20th September 2016

China’s Exim bank backs underground power supply project in Nairobi

 Kenya Power has started work on a major project to boost the electricity supply network in and around Nairobi, backed by financing from the Export-Import (Exim) Bank of China.   Kenya Power chief executive officer and managing director Ben Chumo said in an interview with ESI Africa that the underground cabling initiative had begun around the Kenyan capital at a cost of $128 million, supported by a concessional loan from the Exim.... Read more »

Posted on : Tuesday , 20th September 2016

Red Cross in record bid to plant 5 million trees in an hour

 The humanitarian organisation said it will make its bid to break the Guinness World Record in November in 19 regions across Kenya. If successful, the attempt, dubbed the Tree Challenge 2016, would double the current record held by the Philippines, which planted 2.4 million trees in one hour. “As thousands of people have expressed interest in being part of this Tree Challenge, the Kenya Red Cross Society, in partnership with.... Read more »

Posted on : Tuesday , 20th September 2016

Data on Tanzania’s crude oil, gas now available to public

 Tanzania has made available to the public data on crude oil and natural gas blocks with the aim of attracting more prospectors, investors and researchers.   The data, gathered from onshore and offshore blocks, can be obtained from the Tanzania Petroleum Development Corporation for a fee.   “The data belongs to Tanzania and will be made available for viewing by appointment through TPDC’s managing director James.... Read more »

Posted on : Tuesday , 20th September 2016

East Africa: Uganda Oil Pipeline Opportunities to Be Unveiled

 The Uganda-Tanzania crude oil pipeline business opportunities are going to be unveiled to private sector in special workshop next Tuesday.   The workshop, organised by Tanzania Private Sector Foundation and Petro Fiorentini, expects to unveil opportunities available before, during and after pipeline construction. The organisers also expect to express the role of value chain and local content to the country's business.... Read more »

Posted on : Tuesday , 20th September 2016

Tanzania: Govt Banks On Mid-Sized Firms for Industrialization

 Dar es Salaam — The government expects the private sector to boost the country's industrialisation drive and achieve its goal of becoming a middle income economy by 2025.   Permanent Secretary in the ministry of Industry, Trade and Investments Adelhelm Meru delivering a speech at the gala dinner for this year's Top 100 Mid-Sized Companies on Friday night said small and medium sized enterprises (SMEs) were regarded as the.... Read more »

Posted on : Tuesday , 20th September 2016



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