N e w s

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

Rwanda bets on energy summit to lure investors

 Rwanda is counting on the upcoming third annual energy summit to sell the country to world investors.   The summit to be held in November will bring together over 500 energy experts and policy makers to discuss strategies of increasing energy penetration, distribution and supply in the most efficient and effective ways.   According to Jean Bosco Mugiraneza, the chief Executive Officer, Rwanda Energy Group (REG), the 3rd.... Read more »

Posted on : Friday , 7th October 2016

UK firms eye Sh64bn deals in green energy

 British investors are targeting projects worth about £500 million (Sh64.47 billion) in renewable energy sector, UK prime minister's trade envoy to Kenya and Tanzania Clive Hollick has said.   The projects are mainly in solar, wind and biomass power, areas where the country has underperformed.   The investors include Nova Energy, Green Globe Architecture Ltd, Tullow Oil, Eaton, KC Global Procurement LLP, OST Energy,.... Read more »

Posted on : Friday , 7th October 2016

Tanzania: 4 Firms Ink Deal On Seeds Insurance

 Ltd (Acre) Africa, Seed Co Tanzania and UAP Insurance Tanzania yesterday signed a deal.   Under the pact the four institutions will partner in the provision of the first mobile crop insurance in Tanzania. Known as Linda Mbegu (Protect you seeds), the move will enable farmers across the country to insure their seeds, a vital step towards lifting agriculture that employs a large part of the workforce.   Data shows that the.... Read more »

Posted on : Friday , 7th October 2016

Rwanda: Construction of Model Villages to Enhance Living Standards of Rural Communities

The government will pursue a plan to set aside planned settlement sites in different parts of the country and invest in building 'model villages' there as part of the latest efforts to modernise rural settlements, officials at the Rwanda Housing Authority (RHA) have said.   They delivered the message yesterday to the media on the occasion to celebrate the World Habitat Day which normally falls on every first Monday of October.... Read more »

Posted on : Friday , 7th October 2016



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