APR Energy is set to provide a gas turbine power plant for an industrial customer in Egypt after landing a €27 Million contract. The leading world Mobile power supplier signed the deal early this week after a competitive tender that attracted many companies to provide a gas turbine power plant for an industrial customer in Egypt. The project, which is for a minimum of 12 months, has an estimated value exceeding US$30 million.... Read more »

Posted on : Tuesday , 7th July 2015

Tigoni — Residents of Tigoni in Kiambu County are set to benefit from a hospital upgrade by the county government. The Sh160 million 200-bed capacity hospital to be constructed at the Tigoni Health Centre will benefit residents who have had to grapple with congestion in the wards especially accident victims. Kiambu Governor William Kabogo has reiterated his government's commitment to better health service delivery. "My government.... Read more »

Posted on : Monday , 6th July 2015

Unlike other middle class estates that are slowly experiencing an influx of residents, Mamboleo is relatively more secure and tranquil. "Actually, a majority of professionals in Kisumu now find the Mamboleo/ Kajulu hills a perfect destination of choice owing to encroachment of Milimani and Tom Mboya estates by offices, hotels and guest houses," she said. Lake Basin commission managing director Kabok Aguko says the shopping.... Read more »

Posted on : Monday , 6th July 2015

 Kenya’s road network expanded by 16 per cent in 2014 and the first 40 km of the new Mombasa-Nairobi standard gauge railway project has also been completed According to Central Bank of Kenya’s Economic Survey 2015, total number of paved roads reached 13,000 km last year, up from 11,230 km in 2013. This is a result of the government increasing access to rural areas as a part of its annuity plan, under which at least 10,000 km of.... Read more »

Posted on : Monday , 6th July 2015

The Government of Tanzania announced that is currently evaluating a considerable reduction on the Value Added Tax (VAT) on houses in order to boost the investment in real estate in Tanzania and raise living standards. tanzania-vat-real-estateThe reduction on the VAT is aimed at helping low income families to purchase a property from the National Housing Corporation (NHC) which this year started the construction of 139 affordable houses, part of.... Read more »

Posted on : Monday , 6th July 2015

 Spring Lights Gas (SLG) which is one of the largest Piped gas suppliers for KwaZulu Natal Industry is set to commission a new compressed natural gas (CNG) Plant in Southern Durban before the end of this year.   The CEO of Spring Light Gas, Nkosinathi Solomon noted recently that construction work on the plant had already begun but hesitated to give the exact cost of the whole construction process.   The new SLG facility will.... Read more »

Posted on : Saturday , 4th July 2015

 A US$ 70m iron sheet factory has been inaugurated in Kiambu County, Kenya by Devki Group. The new factory is projected to be able to produce 300,000 tonnes of iron sheets in Kenya annually.   The development which is under the group’s affiliate, Maisha Mabati Mills Ltd, is the largest of its kind in Africa set to produce long lasting roofing sheets coated with aluminium and zinc.   “This mill, which is the largest.... Read more »

Posted on : Friday , 3rd July 2015

 Top Japanese firms are set to land Egypt’s US$45 Billion city construction that will kick off in few months time. According to the Egyptian government sources six Japanese firms are likely to implement Egypt’s new city project. The country’s daily Amwal Alghad said that the deal between the government and the Japanese firms offer is currently on its preliminary stage as the negotiations between the UAE-based Emaar.... Read more »

Posted on : Friday , 3rd July 2015

 Africa's Trade and Industry ministry is set to construct a world class furniture manufacturing city in Damietta which is located towards the Mediterranean Sea. According to Egypt’s minister for trade & industry Mounir Fakhry Abdel Nour the project which is located 15km from the Mediterranean Sea, and 200km north of Cairo will span an area of 1.4sqm (331 feddan; 1 feddan = 0.42ha), and that the ministry is working to ensure speedy.... Read more »

Posted on : Thursday , 2nd July 2015

Nairobi - Nairobi County Government is seeking to raise about Sh530 billion through a Public Private Partnership (PPP) to undertake its urban regeneration and renewal projects within the city. Speaking during an investors briefing on Wednesday morning, Governor Evans Kidero indicated that the project will consist of three phases which will involve the redevelopment of old housing estates in sections of the city into apartment buildings,.... Read more »

Posted on : Thursday , 2nd July 2015

Uganda, Kenya and South Sudan are among several African states to have signed a new deal on cyber security to protect multi-million-dollar oil and transport projects. Presidents Yoweri Museveni of Uganda, Paul Kagame of Rwanda and Uhuru Kenyatta of Kenya signed a memorandum of understanding on cyber security at the 10th Northern Corridor Integration Summit in the Ugandan capital, Kampala, on Saturday. South Sudanese leader Salva Kiir and.... Read more »

Posted on : Thursday , 2nd July 2015

On 19th June 2015, the Export-Import Bank of India (Exim) and the Ministry of Finance of Tanzania signed an agreement to extend additional line of credit (LOC) of USD 268 million to the Government of Tanzania, for financing the extension of Lake Victoria water pipeline to Tabora, Igunga, and Nzega. Lake-Victoria-Water-Pipeline-exim-tanzaniaMr. Yaduvendra Mathur, Chairman and Managing Director of Exim India and Ms. Dorothy Stanley Mwanyika,.... Read more »

Posted on : Thursday , 2nd July 2015