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Sri Lanka, Kenya sign eight agreements to cement ties
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| Sri Lanka President Mahinda Rajapakse returned yesterday after undertaking a tour of Kenya where the two countries entered into eight agreements to strengthen relations, President’s Office said.Rajapakse attended the 50th anniversary celebratioRead More... |
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World Bank increases Kenya funding
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| President Kenyatta said the bank funded public sector projects to the tune of $8.5 billion (Ksh722. 5 billion) and invested another US$4.3 billion (Ksh373.84 billion) to support 23 national and six regional projects to reduce the effects of climate cRead More... |
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Sh3 Billion Set Aside for Power
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| About 330,000 customers will benefit from a five year Sh3.3 billion project that will avail credit to clients who require financing for electricity connection.
In the published annual report for 2013, Kenya Power acting managing director and CEO BenRead More... |
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Kenya's economic growth unlikely to hit 5.6 per cent
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| Kenya’s economy is unlikely to hit the 5.6 per cent economic growth rate in 2013 projected by the government earlier this year. According to the Kenya National Bureau of Statistics (KNBS) the economy posted a 4.4 per cent growth in the third quRead More... |
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Kenya Gets Funding for Kinangop Power
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| The African Infrastructure Investment Fund 2 ("AIIF2") and Norfund, the Norwegian Investment Fund for Developing Countries, achieved financial close of the 60.8MW Kinangop Wind Park project in Kenya.Kinangop Wind Park is the first independent large-sRead More... |
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Sh3 Billion Set Aside for Power
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| About 330,000 customers will benefit from a five year Sh3.3 billion project that will avail credit to clients who require financing for electricity connection.
In the published annual report for 2013, Kenya Power acting managing director and CEO BenRead More... |
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Kiambu to Build Sh1 Billion Hospital, Nursing School
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| Kiambu county government plans to put up a neurosurgery hospital and school worth more than Sh1 billion. The first class model hospital, which may be put up in Kiambu town, will be third in the world after the China and United States neurosurgery hosRead More... |
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Swala Energy, Otto Energy find Tanzania oil prospect
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| Swala Energy (ASX: SWE) and Otto Energy (ASX: OEL) have identified an oil prospect that could host between 12.5 million and 110.5 million barrels of oil in the Kilosa-Kilombero production sharing agreement in Tanzania.The Kito prospect was identifiedRead More... |
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Tanzania Eyes Energy Incubator Plan
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| The Institute of Management and Entrepreneurship Development (IMED) is launching a renewable energy incubator programme.The IMED Chief Executive Officer, Dr. Donath Olomi said the incubator will support youth who want to start or develop alternative Read More... |
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Tanzania assures Ophir Energy of smooth asset sale
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| Tanzania has assured Britain's Ophir Energy and a unit of Singapore's Temasek Holdings that their proposed $1.3 billion asset sale of natural gas fields in the east African nation will proceed smoothly and get timely approval.Ophir said last month itRead More... |
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Kenyan Growth Climbs 4.4% in Third Quarter as Building Surges
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| Kenya’s economic growth increased in the third quarter, led by expansion in the construction industry.Gross domestic product in the three months through September rose 4.4 percent on an annual basis, compared with 4.3 percent in the previous quRead More... |
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Kiambu to Build Sh1 Billion Hospital, Nursing School
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| Kiambu county government plans to put up a neurosurgery hospital and school worth more than Sh1 billion. The first class model hospital, which may be put up in Kiambu town, will be third in the world after the China and United States neurosurgery hosRead More... |
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Kenya starts building new terminal at Nairobi airport to take 20m passengers
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| Kenya began work on a $653 million expansion of the capital's main airport on Tuesday, the second large-scale infrastructure project it has launched in a week, aimed at boosting trade and cementing its status as a regional commercial hub.The new termRead More... |
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Africa's Richest Man Bets Big on Oil Refinery
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| Africa's richest man sat barefoot on his new yacht in a lagoon here after another night of about three hours sleep.The day was filled with meetings about his cement company and preparations for a polio-fighting trip with fellow billionaire Bill GatesRead More... |
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Solar boom boosts South African salaries
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| Ramone van Wyk's wage more than quadrupled when he gave up working on sheep farms in South Africa's arid Northern Cape province and got a job assembling a solar-thermal power plant for Abengoa SA."I've never earned this kind of salary," Van Wyk, 35, Read More... |
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