Market News Page No. 7| Africa Business News

The Female Force Behind Africa's New Era of Timber Construction

Wood is at the center of a construction revolution in Kenya, challenging traditional reliance on concrete and steel. Four women are leading the shift towards timber, advocating for its viability as a sustainable building material. With Kenya’s forest cover at 8.8% as of 2021, concerns about deforestation persist. However, commercial forestry—distinct from general forest conservation—offers a renewable solution for timber-based.... Read more »

Posted on : Monday , 3rd February 2025

Kishermoruak, Kenya Residents Will Gain from a Sh3.5 Million Water Project

Residents of Narok West Constituency's Kishermoruak neighborhood stand to gain from a Sh 3.5 million water project that will lessen the strain of procuring the valuable resource. Gabriel Tong'oyo, an area member of parliament, stated that he had allocated funds from the National Government Constituency Development Fund (NG-CDF) budget to improve the standard of living for those residing adjacent to the Maasai Mara Game reserve. It is.... Read more »

Posted on : Friday , 31st January 2025

Transformative Ksh. 1 Billion Last Mile Connectivity Energy Project Launched by President Ruto

The goal of President William Ruto's Ksh. 1 billion Last Mile Connectivity Energy Project in Busia County is to increase access to power in underprivileged areas. By improving 148 transformers, this project is expected to alter the region's electricity delivery and benefit almost 20,000 residents. The president committed to supply dependable and reasonably priced electricity, which is anticipated to improve living conditions, boost economic.... Read more »

Posted on : Thursday , 30th January 2025

A £3 Million Investment To Assist Africa's Production Of Perovskite Solar Modules

A £3 million ($3.7 million) funding has been given to a group of entrepreneurs and researchers to investigate the production of perovskite solar modules in South Africa, Kenya, Rwanda, and Nigeria. By encouraging domestic solar manufacturing in low- and middle-income nations, the REACH-PSM (Resilient Renewable Energy Access Through Community-Driven Holistic Development in Perovskite Solar Module Manufacturing) project seeks to advance.... Read more »

Posted on : Thursday , 30th January 2025

Kenyan Market Expansion For Neosun Energy

With system capacities ranging from 200kW to 10MW, the expansion aims to provide commercial and industrial (C&I) projects with affordable and sustainable energy solutions.According to Neosun, the country's energy sector "presents both challenges and opportunities," making its debut into Kenya especially appropriate. Even though green energy accounts for more than 80% of its power needs, severe energy shortages persist in many areas.Neosun.... Read more »

Posted on : Wednesday , 29th January 2025

Nationwide Electric Vehicle Charging Network to be Installed in Ethiopia

The Ethiopian Petroleum and Energy Authority plans to build charging stations for electric vehicles every 50 to 120 kilometers across the country. The goal of this program is to facilitate long-distance travel and encourage the increasing use of EVs. According to Bahru Oljra, Executive Director of Energy Sector Control, a new directive has been approved which outlines licensing, charging tariffs, power supply levels, and security standards.... Read more »

Posted on : Wednesday , 29th January 2025

JSI to Collaborate With the Tanzanian Government To Transform the Pharmaceutical Management System and Public Health Supply Chain In Tanzania

With great pleasure, JSI announces that the U.S. Agency for International Development (USAID) has chosen them to lead the USAID NextGen Ugavi Bora, Afya Bora (Better Supply, Better Health) Activity in Tanzania. Through the 10-year activity, Tanzania's supply chain and pharmaceutical management (SC&PM) systems will be significantly strengthened to guarantee sustainable access to and appropriate use of reasonably priced, safe,.... Read more »

Posted on : Thursday , 9th January 2025

H.E. Hiroshi Matsuura, the Japanese Ambassador to Kenya, Handed Over Mtrh's 1.5 Tesla MRI Machine and Ambulance

H.E. Hiroshi Matsuura, Japanese Ambassador to Kenya, handed over two new projects at Moi Teaching and Referral Hospital (MTRH). The new 1.5 Tesla MRI at MTRH's Memorial Wing will increase healthcare service provision to thousands of patients from Western Kenya's 25 counties and beyond. Ambassador Hiroshi stated in his statement that Japan is pleased to be working with Kenya in various areas of healthcare and added that the new 1.5.... Read more »

Posted on : Thursday , 9th January 2025

The Rise of Chinese-Inspired Bamboo Tableware in Kenyan Households

Bamboo wood is gaining popularity in Kenya as a sustainable and versatile alternative to traditional materials. Inspired by Chinese innovations and supported by the International Bamboo and Rattan Organization (INBAR), bamboo is transforming industries, homes, and livelihoods. Edmond Machoki, a biotechnology graduate, highlights bamboo’s numerous advantages. Unlike other materials, bamboo matures quickly and is harvested sustainably..... Read more »

Posted on : Monday , 6th January 2025

Karimjee Group Introduces Station to Transform Automobile Repair Sector

Karimjee Group, a well-known corporate conglomerate in East Africa, has opened a new service station called auto Inc. that is expected to completely transform Tanzania's vehicle repair market. Auto Inc. is strategically positioned to provide a contemporary, all-encompassing approach to automotive maintenance, with the goal of making high-end services easily available to everyone. Serving all vehicle needs under one roof, the station is.... Read more »

Posted on : Monday , 6th January 2025

Promoting Environmentally Friendly Mining Techniques in Kenya

With a new collaboration with the Mining Engineers Society of Kenya (MESK), Marula Mining has made significant progress in developing Kenya's mining sector.A Memorandum of Understanding (MOU), which was signed by the two organisations, lays out a common goal for developing professional development, integrating communities, and encouraging sustainable practices in the industry. Technical evaluations, important projects centred on critical.... Read more »

Posted on : Monday , 6th January 2025

Kiambu County Implements Solar Technology for Street Lighting, Moving Away from Conventional Power Sources

Kiambu County has taken a bold step by transitioning from national grid-powered streetlights to solar-powered alternatives. This shift aims to curb soaring electricity bills, which exceed one billion shillings annually. Governor Kimani Wamatangi launched the initiative, dubbed "Angaza Kiambu," in Thika on December 18. Over 500 solar streetlights have already been installed in Thika Township, Hospital, Kamenu, Ngoliba, and Gatuayaga wards. The.... Read more »

Posted on : Monday , 6th January 2025