As part of its Clinical Corridor Initiative, Marengo Asia Hospitals has signed a memorandum of understanding (MoU) with Metropolitan Hospitals Limited (Kenya) and Zoscales Partners to establish a “Centre of Excellence” at the Metropolitan Hospital in Nairobi. By tackling the region’s pressing need for cutting-edge healthcare…
The Adani Group of India’s power distribution company, Adani Energy Solutions, announced desires to build transmission lines and substations in Kenya for a total estimated cost of US $900 million. The plans, which have received approval from the nation, are a part of Kenya’s larger initiatives…
Uganda is expanding its oil exploration efforts, potentially increasing its proven reserves of 6.5 billion barrels. Energy Minister Ruth Nankabirwa announced that geologists are exploring the Moroto-Kadam and Kyoga Basins for potential commercial oil and gas deposits. Initial results from the Moroto-Kadam Basin are promising. Initial…
Acquiring a plastic drum manufacturing company in Pinetown, Kwa-Zulu Natal, has allowed Mauser Packaging Solutions, a prominent international industrial packaging manufacturer, to increase its footprint in South Africa. Prior to being acquired by Eliptotime PTY Ltd and Nampak Products Ltd, the company was formally transferred to…
A Sh.5 million solar-powered water project by Habitat for Humanity Kenya has provided relief to over 5,000 villagers of Kandutura, Rumuruti, Laikipia County, Kenya. Rumuruti villagers who spoke with KNA said that the water project has eliminated the need for lengthy trips to acquire the valuable…
The construction of the anticipated multibillion-dollar Iringa-Msembe Road project officially started after the World Bank extended funding to Tanzania’s government. The Tanzania Transport Integration Project (TanTIP) was being implemented by the Ministry of Finance and Planning. A portion of the TanTIP’s funds (142.56 billion) will be…
Klaus Eckhof, CEO of AJN Resources Inc., joined Stephen Gunnion of Proactive to discuss the company’s agreement to purchase up to 70% of the Dabel gold mine located in northern Kenya. Eckhof emphasized the region’s untapped potential, citing the artisanal mining activity and wide strike length…
Kenya’s Nairobi – A $10 million (Sh1.29 billion) investment has been announced by Hexing Group to build a local assembly line in Kenya for power goods that were previously imported from its Chinese manufacturing facility. In order to capitalize on new opportunities in Kenya and the…
Over 23,000 residences in Rurii Ward, Ol-Kalou Constituency, will benefit from a multi-million dollar water project that Ol-Kalou Water Company (Ol-WASCO), in collaboration with the Nyandarua County administration, will deliver. The water from the planned Sh19 million Kirima Water borehole would be piped to Rurii Village,…
Norfund has provided a USD 5.5 million senior loan to Kim-Fay to support the construction of a new recycling facility. This funding, combined with additional financing from I&M Bank, represents a key strategic initiative for the company. The recycling facility, set for completion in 2025, will…
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