N e w s

Kenyan experts say China-funded modern railway to hasten growth

The Chinese-funded Standard Gauge Railway (SGR) project will speed up economic transformation in Kenya and the larger eastern African region through increased cross-border trade, investments and easy mobility of skilled personnel, experts told Xinhua in recent interviews.   China's Exim Bank has provided 90 percent of financing to support implementation of the 472 kilometer high-speed railway that will link the port city of Mombasa to.... Read more »

Posted on : Saturday , 20th August 2016

Kenya: Construction of Sh5.5 Billion Situ Village Project Begins

The construction of a Sh5.5 billion exclusive gated community offering a live, work and play environment has started in Karen, Nairobi.   Two weeks ago, Cytonn, a leading real estate developer, broke ground at the construction site of Situ Village in Ololua Forest.   This is one of the firm's over Sh73 billion real estate projects in the pipeline.   Sitting on a 29-acre piece of land bordering the Ololua Forest, Situ Village.... Read more »

Posted on : Friday , 19th August 2016

Tanzania: After Dart Port Clean-Up, Time to Boost Railways

Dar es Salaam Port was one of the immediate points of focus by the new John Magufuli government and it was not hard to see why. This facility is, in all intents and purposes, Tanzania Treasury's cash-cow which, whenever it suffered a crash, the revenue collection targets suffered a great deal.   Two surprise visits at the Port by the Prime Minister soon after inauguration of the JPM government resulted into measures that turned around.... Read more »

Posted on : Thursday , 18th August 2016

Africa: It Is Good That Tazara Is Making Profit Again

We are so much delighted to share with our readers the good news from Lusaka, Zambia about the Tanzania-Zambia Railway Authority (TAZARA), which made 13.50 million US dollar profit in the 2015/2016 financial year as it makes steady progress towards fulfilling its great potential.   It has attributed the profit to improved business resulting from increased haulage from 87,000 metric tons of freight in the 2014/2015 financial year to.... Read more »

Posted on : Thursday , 18th August 2016

Tanzania Awaits Sh1 Billion Dutch Aid For Runway Feasibility Project

Dar es Salaam — Talks between Tanzania and the Netherlands are going on for the later to grant Sh1.2 billion (euros 500,000) to the later to finance a feasibility study for construction of a two-kilometre runway at the Julius Nyerere International Airport (JNIA).   The Tanzania Airports Authority (TAA) says it has submitted a proposal to the government of the Netherlands which "is willing to provide the grant for the.... Read more »

Posted on : Wednesday , 17th August 2016

Water service providers urged to adopt latest technology

Water services providers have been trained on improving quality of water through the use of technology to monitor chemical levels.   The training conducted by energy and water solutions services company Davis&Shirtliff brought together members of the Water Services Providers Association, who were shown available technologies for monitoring usage, metering and optimising chemicals in water purification.   “The training.... Read more »

Posted on : Wednesday , 17th August 2016

China-funded modern railway wins acclaims from African diplomats

The China-funded Mombasa-Nairobi railway in Kenya, which will eventually extend to the entire East African region, has won acclaims from African diplomats.    Thirteen African countries' diplomats in Kenya on Tuesday visited construction sites of the China-funded Mombasa-Nairobi railway in the country, hailing it as an embodiment of thriving China-Africa ties.    Ambassadors or high commissioners of Zimbabwe, Uganda,.... Read more »

Posted on : Wednesday , 17th August 2016

Japan to offer high quality infrastructural development support to Africa at TICAD summit

Japanese Prime Minister Shinzo Abe will attend the 6th Tokyo International Conference on African Development (TICAD) in the capital city of Nairobi for the two-day conference, which will mark the first time summit to be held in Africa, sources close to the prime minister confirmed Tuesday.   The external link of TICAD was launched by the government here in 1993, with the previous five related events also held in Japan aimed at planning.... Read more »

Posted on : Tuesday , 16th August 2016

Ethiopia: Industrial Parks Promoting Foreign Investment Influx,Tapering Unemployment

Around the world, industrial parks have become significant vehicles for countries to provide competitive environments for industries to take off. Cognizant to this fact, the government of Ethiopia prioritized to the development of industrial parks to accelerate the economic transformation, promote and attract both domestic and foreign investors.   The Industrial Parks Development Corporation (IPDC) has built about ten industrial parks,.... Read more »

Posted on : Tuesday , 16th August 2016

Kenya: Turkey Looking to Make Inroads in Regional Construction Industry

The Turkish business community on Friday launched a major drive to popularise their construction and building products with a view to penetrating the East African market.   Turkish Ambassador to Kenya Deniz Eke said Turkey manufacturers were ready to form partnerships with Kenyan traders to promote their products.   Ambassador Eke said the deal would involve exploring ways to make the products locally.   She said that this.... Read more »

Posted on : Monday , 15th August 2016

Dam construction going full steam while Egypt-Ethiopia talks stall

BENISHANGUL-GUMUZ, Ethiopia — Ethiopia is seeking rapprochement with Egypt through the media after years of rising apprehension over the Grand Ethiopian Renaissance Dam of the Blue Nile watershed.   The tension arose almost as soon as then-Ethiopian Prime Minister Meles Zenawi laid the foundation stone in April 2011 for the now almost-finished dam.    Political and technical negotiations between the capitals, Cairo and.... Read more »

Posted on : Monday , 15th August 2016

Plans for Nairobi city road network laudable

At the weekly State House Summit yesterday, plans for the construction of a Sh38 billion overpass from Mlolongo suburb to Westlands and the imminent launch of a Sh15 billion light train between Jomo Kenyatta International Airport and the city centre were unveiled. These are key projects that will surely transform the lives of city commuters in a big way. And they  couldn't have come at a better time.   Over time, Nairobi's population.... Read more »

Posted on : Friday , 12th August 2016



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