Market News Page No. 97| Africa Business News

Government Chemist Department To Start A Branch In Marsabit, Kenya

The government has finalized plans to set up a central chemical testing laboratory in Marsabit County to serve the northern region. Government chemist Ali Gakweli said preparations for the facility had started with the government chemist department securing a building at the local Kenya Agricultural and Livestock Research Organization (KARLO) centre. Gakweli who lead a team on a mission to lay ground for the starting up of the fourth.... Read more »

Posted on : Tuesday , 13th October 2020

The Advantage Kraft White Print paper enters packaging in Kenya

Dune Packaging is a manufacturer of rigid plastics has collaborated with Mondi to produce quality packaging for food items for the consumers, like grain, maize and flour using Advantage Kraft White Print paper. Dune packaging along with its partnership wants to infiltrate the market by providing open mouth paper bag packaging with multicolour and complex designs. "We have recognised a probability to change the packaging of.... Read more »

Posted on : Thursday , 8th October 2020

PETCO Ethiopia new solution for plastic bottles

Recycling is a fundamental structure resulting in solving pollution to a great extent in the environment, also meaning supervising waste management. Recycling helps in maintaining cleanliness by recycling by-products with recycle, reuse and reduce. These processes facilitate and create job opportunities through social entrepreneurship activities, entrepreneurs and self-employment. Modern youth, currently are getting more involved in activities.... Read more »

Posted on : Thursday , 8th October 2020

Future Boost for Domestic Automobile Assemblers in Ethiopia

Prime Minister Abiy Ahmed's leadership said to take unprecedented measures in formulating conducive business climate for automotive industry thereby enhancing the capacity of domestic car assembling firms and putting the import substitution strategy in a good shape.Speaking to The Ethiopian Herald, Founding CEO and Managing-Director of a local automotive firm, Marathon Motor Engineering, Melkamu Assefa said that Premier Abiy has taken viable.... Read more »

Posted on : Wednesday , 7th October 2020

Electronic manufacturer Anker Innovation set to launch in Kenya

Anker Innovation Technology Co. Ltd, a manufacturer of electronic products, has announced that they have picked Kenya as its launch pad in the East African market.They intend to tap into Kenya's exponential growth in use of technology and smart devices to transact business.Anker's Innovations Regional Sales Head, Faraz Mehdi said, "We are extremely excited to venture into the Kenyan market which has the highest share of internet usage through.... Read more »

Posted on : Wednesday , 7th October 2020

Over 400,000 Rwandan Homes To Benefit From Subsidised Solar Systems

The Government of Rwanda through BRD in alliance with the World Bank, and Swedish International cooperation agency SIDA ,have recently launched a subsidy window and Guarantee framework to offer credit facilities to SACCO's, Banks and microfinance institutions that will lend to households for off grid connections.The World Bank permitted a U$15million subsidy that is projected to benefit 182.927 low income households living in off-grid areas,.... Read more »

Posted on : Tuesday , 6th October 2020

Smart solar-powered water desalination system connected in Kenya

GivePower, a non-profit organisation providing solar energy and clean, affordable water, has positioned a seawater desalination system at Likoni in Mombassa County in eastern Kenya.Powered entirely by solar energy and battery storage, GivePower's desalination systems are housed in 20-foot shipping containers and capable of transforming 70,000 litres of brackish and/or seawater into clean drinking water every day.Unlike most ground well systems,.... Read more »

Posted on : Tuesday , 6th October 2020

Kenya's Mabati Rolling Mills commissions new manufacturing plant

Mabati Rolling Mills Limited (MRM), a member of the Safal Group has launched the SAFBUILD manufacturing plant at its Athi River facility in the outskirts of capital city Nairobi.MRM's SAFBUILD brings to the market a new way of building quality steel framed buildings using their custom designed Proprietary Software.The cold formed high strength frames are completely factory-produced ready for fast erection and assembly at site.The plant has a.... Read more »

Posted on : Tuesday , 6th October 2020

Tanzanian agri-tech startup wins the MEST Africa Challenge

Kilimo Fresh an agri-tech startup from Tanzania was declared winner to the MEST Africa Challenge and awarded an equity investment of US$50,000. Kilimo Fresh is a B2B digital distributor in fresh produce made available to Supermarkets, institutions, restaurants, hotels, wholesalers and also export markets. This platform enables produce buyers and smallholder farmers to a market which is reliable and fair, helping buyers have direct access.... Read more »

Posted on : Monday , 5th October 2020

Kenya lays foundation to its self-sustaining egg programme

The governor of Kirinyaga county, Anne Waiguru, under the ‘Wezesha Kirinyaga’ (‘Enable Kirinyaga’) programme, have initiated a project which will have 32 community farmers produce a million eggs per month, which will have each farmer earn daily 1,000 Kenyan shillings. The project focuses on increasing the profitability and the agricultural productivity of the country, concentrating on the upliftment in the livelihood of the youth and.... Read more »

Posted on : Monday , 5th October 2020

GDC begins exploraton at Korosi, Kenya

The Geothermal Development Company (GDC) has recently launched exploratory drilling at the Korosi geothermal site in the Rift Valley of Western Kenya. These drillings are part of the Baringo-Silali geothermal project which is said to produce 3,000 MWe.After having carried out exploratory drilling at the Paka geothermal site, the Geothermal Development Company (GDC) is starting operations at the Korosi site. The parapublic company will drill 3.... Read more »

Posted on : Friday , 2nd October 2020

Rwanda's affordable energy ambitions get $150m boost

Rwanda's quest to avail affordable energy to the population got a boost this week following, the approval by the World Bank Group of $150m (approximately Rwf142bn) to finance energy access for households, enterprises and public institutions in Rwanda.Half of the apportioned funds will be disbursed in form of grant while the other half will be given on credit, according to a statement.The funding permitted by the World Bank Board of Directors is.... Read more »

Posted on : Friday , 2nd October 2020