N e w s

Chinese investments in Kenya hit Sh663bn, FM Wang says

Wang said the Chinese investments and commitments to Kenya in the last three years were mainly in infrastructure and the establishment of industrial parks in Kisumu, Mombasa and Nairobi.   “It is our hope that mega projects like the Standard Gauge Railway (SGR) will leverage Kenya’s position as a regional trade and investment hub,” Wang said.   The Chinese Foreign Minister said he was pleased that the SGR has.... Read more »

Posted on : Thursday , 11th August 2016

Chinese-built railways in Africa become model of cooperation: FM

Railway lines built by Chinese firms in African countries are becoming a model of China-Africa cooperation in industrial capacity, China's Foreign Minister Wang Yi said during his visit to Kenya on Wednesday.   Wang cited the Nairobi-Mombasa railway line as an example during a joint press conference with his Kenyan counterpart Amina Mohamed after their talks and a meeting with President Uhuru Kenyatta.   The railway line, funded by.... Read more »

Posted on : Thursday , 11th August 2016

Ethiopia: Road Development Advancing Economic Growth - Premier

For the last two decades the government devoted its finance,time and human resources for road construction and tremendous results have been achieved. The double digit economic growth also attributed to the road and transport sector development though much remains to be done.   Inaugurating the 28.1-kms Lebu-Akaki- IT Park Goro road connecting the city with Addis-Adama Expressway yesterday, Prime Minister Hailemariam Dessalegn said that.... Read more »

Posted on : Wednesday , 10th August 2016

Tanzania: 35 Billion/ - Project to End Water Woes in Mwanza

Mwanza — Implementation of 14.5 million Euro (about 35bn/-) water project will soon start in Mwanza's Ilemela Municipality under the European Investment Bank funding. Ilemela Municipal Director John Wanga said here over the weekend that the project, upon completion, will help to address water woes currently facing some parts of the municipality. The director was speaking at a full council meeting, which among other things, aimed at.... Read more »

Posted on : Wednesday , 10th August 2016

Kenya's Infrastructure Projects On Track, Set To Have Huge Economic Impact

The Kenyan government's infrastructure projects are on track and are set to have a huge impact on the country's economic growth, says Infrastructure and Transport Cabinet Secretary (Minister) James Macharia.   The Minister, who singled out the Standard Gauge Raiway (SGR) project, said Monday that the multi-billion-dollar project, which is 88 per cent complete, had already contributed to 2.0 per cent of the country's gross domestic product.... Read more »

Posted on : Tuesday , 9th August 2016

East Africa: Brazil Keen On Links With East Africa

Arusha — Brazil, an economic giant of South America, is keen to promote stronger economic ties with East Africa, its ambassador to Tanzania Carlos Alfonso iglesias Puente revealed here on Tuesday.   "The Brazilian business community already has a significant presence in Tanzania and Kenya, especially in construction, energy and solid waste management sectors," he said during his visit to the East African Community (EAC).... Read more »

Posted on : Tuesday , 9th August 2016

Kenya: Uhuru Defends Massive Investment in Infrastructure

President Uhuru Kenyatta on Monday tore into critics questioning the rationale of building the standard gauge railway and other infrastructure projects, telling them the construction will go on "regardless of what everybody says."   At an infrastructure summit held in Nairobi, the President defended the massive investments in the projects which have also caused the country to incur huge debts, saying they are necessary to boost.... Read more »

Posted on : Monday , 8th August 2016

Tanzania: Target Realised As Road Projects Make Headway

 Bukoba — Deputy Minister for Works, Transport and Communications, Engineer Edwin Ngonyani has assured residents in Kagera region of the government's commitment to upgrade most of the roads to speed up people's development.   He also assured contractors undertaking various road projects of the government's commitment to pay them fully their outstanding payments, saying funds are available.   Mr Ngonyani made the remarks.... Read more »

Posted on : Saturday , 6th August 2016

Ethiopia: Enterprise to Build Office Complex

 The Oromia Forest and Wildlife Enterprise Monday laid the cornerstone for its administration office at Bole and another building at Lidetta. The new G+20 administration building at Bole would reflect the culture and traditional assets of the Oromo people.   Laying the cornerstone, State Chief Mukitar Kedir said that the building manifests the Oromo people of forest conservation. The Enterprise is actively promoting forest conserving.... Read more »

Posted on : Friday , 5th August 2016

Tanzania: Ericsson Mulling Investment in Various Sectors

Dar es Salaam — Ericsson is considering to invest an unspecified amount in various sectors of Tanzania.   It is looking up to sectors of transport, energy, technology, finance and public safety and security, according to sub-Saharan Africa head of government and industry relations, Mr Shiletsi Makhofane.   The Sweden-based firm specializes in software and infrastructure in ICT for telecommunications operators, traditional.... Read more »

Posted on : Friday , 5th August 2016

Tanzania: More Than 30 Billion/ - Set Aside for Ship Rehabilitation

 Nkasi — The government has allocated more than 31bn/- for rehabilitating three ships and purchasing of a new one during the 2016/17 financial year.   The Minister for Works, Transport and Communications, Prof Makame Mbarawa, revealed that after inspecting the Kipili anchorage along the shore of Lake Tanganyika in Nkasi District, Rukwa Region.   Expounding, Prof Mbarawa said that more than 5.6bn/- will be spent on.... Read more »

Posted on : Friday , 5th August 2016

Ethiopia: ERA Plans to Construct and Maintain 23,000 Kilometers of Road

 Ethiopian Roads Authority (ERA) aims to construct as well as maintain around 23,000 kilometers of road across Ethiopia during the just started fiscal year.   Commenting the plan Dereje Hailu, Communication Team Leader at ERA, said the Authority aims to upgrade and build new roads that stretch for 1,846 kilometers. Regarding maintenance, the Authority would maintain 21,290 kilometers of road, he furthered.   The current fiscal.... Read more »

Posted on : Thursday , 4th August 2016



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