Market News Page No. 8| Africa Business News | Afrotrade

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Government Outlines Strategy to Bring Foreign Investors into Mining Sector

In a recent high-level meeting in the United States, Prime Cabinet Secretary Musalia Mudavadi revealed Kenya's strategy to engage international mining firms to tap into the country’s vast rare earth mineral reserves.Mudavadi met with Kevin Rudd, the Australian Ambassador to the U.S., to discuss potential collaborations. During the talks, Ambassador Rudd expressed Australia's strong interest in mining the Mrima Hills in Kwale County, citing.... Read more »

Posted on : Tuesday , 6th January 2026

Dongfeng vehicles from China arrive in Kenya with local EV assembly

Dongfeng Motor, a Chinese automaker, has started preparing to build its first electric cars in Kenya. The automaker, which has its headquarters in Wuhan, Hubei province, has been producing ICE light commercial vehicles and pick-ups at its Nairobi location, but it has now entered the electric vehicle competition that is propelling Kenya to the top of the climatech map. In partnership with Associated Vehicle Assemblers Ltd. (AVA), a car.... Read more »

Posted on : Tuesday , 6th January 2026

Advancing Forest Conservation and Sustainable Development Across Tanzania

In Tanzania, forests and vegetation cover approximately 39 per cent of the country’s total land area, equivalent to 35,257,000 hectares. This vast forest resource positions Tanzania among Africa’s most richly endowed countries in terms of natural woodland assets. According to the United Nations Food and Agriculture Organisation (FAO), Tanzania’s forest estate remains a critical economic and environmental asset, whose long-term value runs.... Read more »

Posted on : Monday , 5th January 2026

Significant Energy Lighting Infrastructure Projects in Tanzania

Standard Chartered used the Africa Energy Lighting Conference as a platform to reaffirm its long-term commitment to advancing Africa’s energy lighting transformation through large-scale, sustainable infrastructure projects. By displaying its major initiatives - how strategic financing and innovation are helping to reshape the continent’s lighting landscape, improve access to reliable illumination, and support inclusive economic growth across.... Read more »

Posted on : Monday , 5th January 2026

The Tanzanian Government Deserves Praise for Its Water Grid Strategy

As the water grid takes shape, Tanzania is witnessing a wind of change. The government has started building a National Water Grid, a project intended to guarantee that every region has access to the nation's freshwater resources and lessen dependency on seasonal rains, according to a comment from Minister of Water Mr. Jumaa Aweso yesterday. According to him, the project's goal is to connect the country's main water sources by imitating the.... Read more »

Posted on : Monday , 5th January 2026

Tanzania Has Signed a $320 Million Deal With Siemens to develop a 177MW Power Project.

Tanzania has established a memorandum of understanding with Siemens Energy, located in Sweden, to create gas-fueled power plants with a total capacity of 177 megawatts, which is estimated to cost $320 million. The initiative, supported by CRDB Bank, entails the production of equipment in Tanzania, with the goal of commissioning it by the conclusion of 2027. The project is being led by Raddy Energy Solution Limited, the parent organization of.... Read more »

Posted on : Monday , 5th January 2026

Ruto Unveils Plans for Large-Scale Airport Construction at JKIA

Kenya is set to begin construction of a new, modern airport at Jomo Kenyatta International Airport (JKIA) before the end of the year, as the government moves to expand aviation infrastructure and ease congestion at the country’s main gateway.President William Ruto announced that the construction of the world-class facility will anchor Kenya’s ambition to become a regional aviation hub while supporting trade and tourism growth. He said the.... Read more »

Posted on : Monday , 5th January 2026

To increase its presence in East Africa, Metso and Rock Plant sign a distribution deal.

Metso and Rock Plant Ltd., a reputable and long-standing dealership for top construction and quarrying machinery brands in East Africa, have reached a distribution agreement.With this deal, Metso's footprint in East Africa will be strengthened through a strategic, growth-oriented cooperation. In Kenya, Tanzania, and Uganda, Rock Plant will serve as a representative for Metso's crushing and screening machinery, components, and services.One of.... Read more »

Posted on : Tuesday , 9th December 2025

TMHS Aims to Serve the Entire Continent as it Celebrates its 15th Anniversary

With the creation of six businesses to provide healthcare and environmental services throughout the continent, TINDWA Medical Health Services (TMHS) commemorated its 15 years of providing health services in Tanzania.Speaking at the launch in Dar es Salaam to commemorate the institution's 15th anniversary, Dr. Chakow Halfan, CEO of TMHS Group, informed local media outlets that his company is a Tanzanian supplier of all healthcare services,.... Read more »

Posted on : Monday , 8th December 2025

WHO Offers Kenya More Than $2.3 Million in Supplies, Medical Equipment and Ambulances

In a ceremony led by His Excellency President William Ruto at State House in Nairobi, the World Health Organization (WHO) offered the Kenyan government vital medical supplies and equipment worth more than $2.3 million. The complete package, which represents a major investment in Kenya's health infrastructure and emergency response capabilities, was given to President Ruto, the government and the Kenyan people by Dr. Mohamed Janabi, WHO.... Read more »

Posted on : Monday , 8th December 2025

Urysia Expands Kenya’s Automotive Lineup with Addition of Jeep and Citroen

Kenya’s automotive sector is continuing to draw interest from global vehicle manufacturers, with the latest arrivals — Jeep and Citroen — reflecting increased trust in the country as a regional mobility hub. The two brands were officially introduced in Nairobi under Urysia Limited, in a move that shows the rising competition among dealers to grab a shifting client base. Trade PS Regina Ombam said the entry of more global players.... Read more »

Posted on : Wednesday , 3rd December 2025

Kenya's High Grand Falls Massive Dam on the River Tana

The administration's dedication to achieving inclusive development throughout the nation has been reiterated by President William Ruto. During a development trip in Masalani town, Ijara Sub-County, the President promised the locals that national development plans will give equal consideration to northern Kenya. He emphasized that his government is making significant investments in contemporary markets, affordable housing, electricity.... Read more »

Posted on : Monday , 1st December 2025

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