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…
According to Ms. Aziza Swedi, Acting Director of Licensing and ICT, the Tanzania Mining Commission has granted 54,626 mining licenses in the last seven years. The commission granted a variety of licenses between…
HYATT Regency Dar es Salaam, the Kilimanjaro, plans new hotel facility in Dodoma to tap business opportunities in the rapidly growing capital city. Unveiled in Dar es Salaam this week by the Hotel’s…
In order to alleviate water shortages in the Nairobi Metropolitan area, the Kenyan government has put the Sh 4.5 billion (about USD 35 million) Kigoro Water Treatment Plant in Gatanga, Murang’a County, into…
According to the Pan-African Manufacturers Association, ineffective border procedures, expensive trade, and inadequate infrastructure are the main barriers preventing Africa’s manufacturing industry from expanding. Ahmed Mansur, the interim president of PAMA, made this…
CFAO Engines has revealed two vehicles into the Kenyan market – the Suzuki Great Vitara and the Suzuki FronX. The acquaintance of these vehicles looks for with enhance Suzuki vehicle contributions in the…
Key investors are promoting a regional approach to vehicle assembly by setting up specialized centers of excellence inside member nations in an attempt to boost East African economies. This action seeks to promote…
GCL Energy Investment, a subsidiary of GCL Group (Golden Concord Group), a leading Chinese integrated energy service provider that specializes in clean energy and new energy with diversified development of related industries, and…
The Boqolmayo area of the Liibaan region, the Somali State of Ethiopia has completed an important solar-powered electric supply project that will supply more than 43,500 households with electricity around-the-clock. A 2-megawatt solar…
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