N e w s

Strong shilling hits Kenya’s regional export earnings

The shilling has performed better against the dollar this year compared to key regional trading partners, potentially hurting export earnings from these markets.   Data compiled by financial services firm African Alliance shows that the currencies of Uganda, Tanzania, Rwanda and Egypt have depreciated at a faster rate to the dollar than the Kenya shilling, which is 0.8 per cent up on the dollar year-to-date at 101.45 units, having.... Read more »

Posted on : Wednesday , 17th August 2016

Tanzania Awaits Sh1 Billion Dutch Aid For Runway Feasibility Project

Dar es Salaam — Talks between Tanzania and the Netherlands are going on for the later to grant Sh1.2 billion (euros 500,000) to the later to finance a feasibility study for construction of a two-kilometre runway at the Julius Nyerere International Airport (JNIA).   The Tanzania Airports Authority (TAA) says it has submitted a proposal to the government of the Netherlands which "is willing to provide the grant for the.... Read more »

Posted on : Wednesday , 17th August 2016

Water service providers urged to adopt latest technology

Water services providers have been trained on improving quality of water through the use of technology to monitor chemical levels.   The training conducted by energy and water solutions services company Davis&Shirtliff brought together members of the Water Services Providers Association, who were shown available technologies for monitoring usage, metering and optimising chemicals in water purification.   “The training.... Read more »

Posted on : Wednesday , 17th August 2016

China-funded modern railway wins acclaims from African diplomats

The China-funded Mombasa-Nairobi railway in Kenya, which will eventually extend to the entire East African region, has won acclaims from African diplomats.    Thirteen African countries' diplomats in Kenya on Tuesday visited construction sites of the China-funded Mombasa-Nairobi railway in the country, hailing it as an embodiment of thriving China-Africa ties.    Ambassadors or high commissioners of Zimbabwe, Uganda,.... Read more »

Posted on : Wednesday , 17th August 2016

Japan to offer high quality infrastructural development support to Africa at TICAD summit

Japanese Prime Minister Shinzo Abe will attend the 6th Tokyo International Conference on African Development (TICAD) in the capital city of Nairobi for the two-day conference, which will mark the first time summit to be held in Africa, sources close to the prime minister confirmed Tuesday.   The external link of TICAD was launched by the government here in 1993, with the previous five related events also held in Japan aimed at planning.... Read more »

Posted on : Tuesday , 16th August 2016

Kenya: New Rules to Allow More Foreign Direct Investment in Kenya

The government has ratified new rules allowing foreign direct investment (FDI) in establishment of special economic zones (SEZ) where products will be manufactured for the export market.   In a Kenya gazette notice, Industry Trade and Co-operatives Cabinet Secretary Adan Mohamed said county governments were also at liberty to allocate land to any local or foreign investor planning to put up a SEZ whereby the identified facilities will.... Read more »

Posted on : Tuesday , 16th August 2016

African Renewable Energy Gains Attention

The potential for renewable energy development in Africa is experiencing an increase in attention lately as investors and world leaders seek a new clean energy frontier.   The continent could become a gold mine for renewable energy due to abundant solar and wind resources. But roadblocks to clean energy worldwide are amplified throughout the troubled regions of Africa - financial resources are thin and infrastructure is often.... Read more »

Posted on : Tuesday , 16th August 2016

Transforming healthcare through strengthened informal settlement

The Ministry of Health will next month set up 20 special clinics in urban informal settlements within Nairobi, Kisumu and Mombasa Counties to strengthen health system emergency preparedness.   The special clinics are part of the slum upgrading programme by the National Government expected to benefit more than 1.7 million Kenyans in the three counties.   The facilities which consists a fully equipped 40 feet container, with two.... Read more »

Posted on : Tuesday , 16th August 2016

Ethiopia: Industrial Parks Promoting Foreign Investment Influx,Tapering Unemployment

Around the world, industrial parks have become significant vehicles for countries to provide competitive environments for industries to take off. Cognizant to this fact, the government of Ethiopia prioritized to the development of industrial parks to accelerate the economic transformation, promote and attract both domestic and foreign investors.   The Industrial Parks Development Corporation (IPDC) has built about ten industrial parks,.... Read more »

Posted on : Tuesday , 16th August 2016

Black Rock Mining Ltd graphite test work delivers exceptionally high purities

Black Rock Mining Ltd has achieved a 99.1% total graphitic carbon purity for all flake sizes from its bulk sample taken from the Mahenge graphite project in Tanzania.    The sample taken from the Ulanzi prospect represents significant purity improvements in the finest two flake sizes.   Graphite at this high purity level will be sought after for battery and other applications and is expected to attract a price.... Read more »

Posted on : Tuesday , 16th August 2016

East Africa: EADB to Train 600 Medical Practitioners

Kampala — In light of the ever growing burden of non-communicable diseases (NCDs), East African Development Bank (EADB) is rolling out an ambitious medical training programme aimed at sensitizing the citizenry of four East African states; Kenya, Uganda, Tanzania and Rwanda where EADB has operations.   The programme; East African Development Bank Medical Training and Fellowship Programme aims at increasing the number, quality and.... Read more »

Posted on : Tuesday , 16th August 2016

KenolKobil and Castrol to build lubricant plant

KenolKobil and British industrial and automotive lubricants manufacturer Castrol have partnered to construct a $15 million (Sh1.5 billion) lubricants factory in Mombasa.   KenolKobil sought the partnership believing it to be a cheaper option than importing the lubricants from South Africa, where it has been obtaining the merchandise from.   The oil Company’s Chief Executive Officer David Ohana confirmed the partnership and.... Read more »

Posted on : Tuesday , 16th August 2016



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