N e w s

Tanzania: Govt to Lease New Aircraft to ATCL

 Dar es Salaam — Air Tanzania Company Limited (ATCL) will not own the two planes recently purchased by the government for a reported $47 million (Sh103.4 billion), it has emerged.   The Citizen now understands that the airliners, the first of which is expected to be delivered this week, will be leased to the troubled national carrier.   The planes will be owned by the Government Flight Agency (TGFA), which will lease.... Read more »

Posted on : Tuesday , 20th September 2016

East Africa: A Project That Link Up East African, African Society

 Several neighbouring countries of Ethiopia are showing choice of fulfilling their electric power demand by purchasing from the country. Recently, Tanzania has announced readiness to sign 400 MW power purchase deal with Ethiopia. The project brings nations towards a consensuses of utilizing the river Nile water resource together considerately. An electric power transmission to neighbouring Kenya is on progress. Ethiopia is also spreading.... Read more »

Posted on : Tuesday , 20th September 2016

Meet the world's first vehicle that can be packed up and shipped like Ikea furniture

 A philanthropist asked a racecar designer to make an all-terrain vehicle suitable for humanitarian missions in Africa. The result was the Ox, “the world’s first flatpack truck” — meaning it can be packed up into a flat box and shipped like Ikea furniture.   The truck is absurdly simple to assemble: its designers claim that three people can break it down into 60 parts in just 12 hours. (Apparently no one.... Read more »

Posted on : Tuesday , 20th September 2016

Ethiopia to Raise $58 Million for the Construction of the Ethiopian Grand Renaissance Dam

 Ethiopian authorities have announced plans to raise 1.8 billion Birr (about $58 million) for the construction of the Ethiopian Grand Renaissance Dam (GERD).   The Office of the National Council for the Coordination of Public Participation for the GERD’s construction said the government plans to raise the money this fiscal year, the Ethiopian Herald reported.   Funds for the 6,000 MW dam, which would be the biggest.... Read more »

Posted on : Tuesday , 20th September 2016

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

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