Kenya: President Kenyatta’s housing project attracts $30bln investment
The affordable housing agenda of President Uhuru Kenyatta of Kenya has received investment offer of almost $30 billion (Sh3 trillion), way above the target of […]
Kenya
Microsoft launches $100m Development Centers in Africa
Tech giant Microsoft has launched a $100 million Africa Development Centre (ADC) with offices in Kenya and Nigeria. The program will support the recruitment of […]
Kenya betting big on geothermal plants in Rift Valley
In Kenya, Chinese company Kaishan Renewable Energy Development has signed procurement, engineering and construction (EPC) agreement to build a $65 million geothermal power plant. The […]
New legislation to ease geothermal investment in Ethiopia
The Ethiopian Council of Ministers is considering a bill to encourage independent power producers (IPPs) to invest in geothermal power generation in the east African […]
A futuristic smart city scores big with new solar plant in Kenya
In Kenya, local energy developer Equator Energy, has commissioned a 1 MW plant near the capital city Nairobi. The plant is located at Tatu City, […]
InfraCo Africa commits $2.2m for two solar projects in Kenya
InfraCo Africa, an infrastructure development facility has signed a $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu […]
Tanzania to achieve universal access to electricity by 2021
All Tanzanian villages will be connected into the national electricity grid by 2021, local media reported quoting the Minister of Energy Medard Kalemani. Kalemani made […]
EIB invests €495 million in transport, energy, internet across Africa
The European Investment Bank has formally agreed a total of €495 million of new financing for three projects to support sustainable transport, clean energy and […]
Poll reveals graft, unemployment as top worries of Kenyans
A recent survey in Kenya has established that Kenyans want the high cost of living, unemployment and corruption dealt with urgently as the year comes […]
Tourism: Africa receives only 5% of the international arrivals
Africa’s travel and tourism industry continues to record impressive growth over the years. In 2017, the continent hit a 63 million high in international tourist […]