N e w s

East Africa: Total Mulls Acquisition of GAPCO

Dar es Salaam — A leading retailer of petroleum products in Africa, Total is expanding on the continent with the acquisition of Gulf Africa Petroleum Corporation's (GAPCO) assets in Kenya Uganda and Tanzania. The transaction is subject to the authorities' approval in the three countries.   A communiqué issued by the company of which this paper has a copy reveals that the principal assets being acquired are two logistical.... Read more »

Posted on : Wednesday , 8th June 2016

Report Says Kenya Amongst Top Nations in Green Power

Kenya has developed the fourth-largest geothermal energy in the world, putting the country among top green energy economies.   The latest Renewables Global Status report shows that the amount of geothermal energy in Kenya's national grid expanded to a total of 600 megawatts (MW) by the end of 2015.   Geothermal now accounts for over a quarter of the country's total power capacity of 2,333MW.   Turkey set up the largest.... Read more »

Posted on : Wednesday , 8th June 2016

Trade Mark East Africa Aims to Raise U.S. $1Billion for Infrastructural Projects

Kampala — Trade mark East Africa (TMEA) is to raise about US$ 1billion from their development partner's to finance infrastructure projects and other social, services in the Six East African Community countries.   This was revealed by the Chairman of Board of Directors Ali Mufuruki who said EAC still needs the support of his organisation especially when it comes to Infrastructure development.   He said without well-developed.... Read more »

Posted on : Wednesday , 8th June 2016

Tanzania: Second Phase of Rural Electrification Project Almost Complete - Govt

 Dodoma — The second phase of the rural electrification programme is 91 percent completed by, the deputy minister for Energy and Minerals, Mr Medard Kalemani has said.   The programme, which is rolled out by Rural Energy Agency (REA) is expected to end this month to pave the way for the third phase.   Mr Kalemani said the third phase aims to connect all villages in the country to electricity but focus will be put on.... Read more »

Posted on : Tuesday , 7th June 2016

Tanzania: Renewable Energy, Water and Transport to Get Sh240 Billion French Aid

Dar es Salaam — The French Development Agency AFD will inject over Sh240 billion into renewable energy, water and transport projects in Tanzania.   AFD Representative in Tanzania Emmanuel Baudra, told reporters in Dar es Salaam yesterday that the latest development plans are in line with the French President's commitment to increase support by a 50 per cent by 2020.   The AFD Board in Tanzania has already approved more than.... Read more »

Posted on : Tuesday , 7th June 2016

Uganda: UETCL to Build $100 Million Power Sub-Stations with Chinese Aid

 Kampala — A Chinese construction firm has embarked on the construction of the four mega sub-stations at Luzira, Namanve, Mukono, and Iganga industrial parks.   Mr Mark Namungo, the senior power analyst at the Uganda Electricity Transmission Company Limited (UETCL), said the project is expected to cost$100m (Shs337b) which was borrowed from the Chinese Exim Bank.   "... us being the government implementers of this.... Read more »

Posted on : Tuesday , 7th June 2016

Tanzania: Industrial Sector Set to Get Investment from Pension Funds

As the temperature to industrialise in the country heats up, social security funds are seeing themselves in a position to invest in development of industries as their risks have been mitigated by existing guidelines.   The Social Security Regulatory Authority (SSRA) Director General, Ms Irene Isaka, said in a statement that with the existing investment guidelines, investments in the industries can be in the form of loans, equities,.... Read more »

Posted on : Tuesday , 7th June 2016

Tanzania: President Invites Chinese Investors to Boost Infrastructure, Industrial Development

President John Magufuli has invited investors from Jiangsu Province in China to partner with Tanzanians in setting up industries and building the infrastructure, particularly the standard gauge railway line. In line with the invitation, Dr Magufuli has assured Chinese investors of maximum cooperation from his government.   According to a statement issued in Dar es Salaam yesterday by the Directorate of Presidential Communications Unit,.... Read more »

Posted on : Tuesday , 7th June 2016

Kenya Power, Kipeto Sign 100MW Power Purchase Deal

UTHOR: By MARGARET NJUGUNAH, NAIROBI, Kenya, Jun 2 - In a move that will see Kenya's wind power increased from the current 787 Megawatts, Kenya Power and Kipeto Energy Limited have signed a 20 year power purchase deal which will see Kipeto deliver 100 Megawatts of power to the country's power grid.   The wind project will be put up at a cost of Sh32.26 billion and will be funded by the US government's Overseas Private Investment.... Read more »

Posted on : Saturday , 4th June 2016

EU Pledges Additional Support for Power Projects in East Africa

The current vigour the 5thgovernment is exhibiting is key to achieving Sustainable Development Goal number 7, access to affordable, reliable, sustainable and modern energy for all, the Head of delegation of the European Union to Tanzania and East Africa region has said.   Speaking yesterday when launching a new booklet titled 'Empowering Tanzania: Energy for Growth and Sustainable Development', Head of EU delegation Ambassador Roeland Van.... Read more »

Posted on : Saturday , 4th June 2016

Tanzania Appointed Chair of African Minerals Council

Tanzania has been elected chair of the Governing Council of African Minerals and Geosciences Centre (AMGC). The appointment was made over the council's 36th annual meeting in Addis Ababa.   Tanzania was represented by the Permanent Representative to the United Nations Economic Commission for Africa (Uneca) and its ambassador to Ethiopia, Ms Naimi Hamza Aziz, who attended the meeting on behalf of the Minister for Energy and Minerals, Prof.... Read more »

Posted on : Saturday , 4th June 2016

Tanzania: Kiwira Coal Mine Expansion To Start Next Year

 Dodoma — Construction of a coal to electricity project at Kiwira coal mine will start next year, according to the deputy minister for Energy and Minerals, Mr Medard Kalemani informed Parliament today.   He noted that the State Mining Corporation, Stamico, will spend a total of $500 million to develop the project. Preparatory work for the development of the project was in advanced stage.   "In 2015/16 Stamico was.... Read more »

Posted on : Saturday , 4th June 2016



Featured Companies
  • /
  • African Business Development Association
  • /
  • MASHKHIMPROM LLC
  • DYNAMIC LIGHTING SOLUTIONS LLP
  • DR AGARWALS EYE HOSPITAL
  • NATIONAL EDGING EAST AFRICA LTD
  • MARSTEK SOLAR SYSTEM SOLUTIONS TANZANIA LTD.
  • FORACARE SUISSE AG
  • PEIMAR INDUSTRIES SRL
  • Your Banner HERE!

Complete List  

Advertisers:


Home | About Afrotrade | Advertise With Us | Trade Events | Contact Us | Link to us | Imp Links | Terms |  Follow us on : Facebook
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2025 Afrotrade