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Author: Akshay P.

Kenyan automakers receive a 3 million USD boost

April 11, 2024

Kenya Vehicle Manufacturers (KVM) has received 3 million USD in equity funding from Toyota Tsusho Corporation-owned CFAO Group, a significant participant in the mobility sector. The money will go toward …

Kenyan automakers receive a 3 million USD boost Read More

Tanzania Kupatana is acquired by AUTO24 to bolster its presence in East Africa

March 6, 2024

With the acquisition of Kupatana, the leading online classifieds platform in Tanzania, AUTO24.africa, a certified used car marketplace under the Africar Group’s purview and backed by Stellantis, strengthens its position …

Tanzania Kupatana is acquired by AUTO24 to bolster its presence in East Africa Read More

Powerhive seeks To Expand Its Spark Electric Motorcycle Manufacturing In Kenya

February 7, 2024

Mini grids were initially installed in Kisii, western Kenya, by Powerhive, a forward-thinking clean energy company that is currently leading the way in e-mobility solutions in Kenya. After that, Powerhive …

Powerhive seeks To Expand Its Spark Electric Motorcycle Manufacturing In Kenya Read More

Egyptian firm GB Auto launches new locally assembled matatu in Kenya

January 10, 2024

A brand-new locally assembled matatu has been introduced to the Kenyan market by the Egyptian automaker GB Auto. King Long Kingwin XMQ6520 car is designed to specifically meet the demands …

Egyptian firm GB Auto launches new locally assembled matatu in Kenya Read More

Kenya’s national auto policy draws capital to new car dealerships

December 7, 2023December 8, 2023

The National Automotive Policy (NAP), which was introduced three years ago and passed by the National Assembly, is about to bring major changes for Kenya’s automotive sector. The primary aim …

Kenya’s national auto policy draws capital to new car dealerships Read More

Ethiopia’s Tulukapi Mine to Open by KEFI Gold and Copper PLC

October 9, 2023October 9, 2023

According to KEFI Gold and Copper PLC, a mining exploration and development company, the open-pit Tulu Kapi project in Ethiopia will begin construction by 2023, with production beginning in 2025. …

Ethiopia’s Tulukapi Mine to Open by KEFI Gold and Copper PLC Read More

Peak signs an offtake agreement with Shenghe for a rare earth project in Tanzania

September 1, 2023

According to the offtake agreement, Shenghe will get an initial 50% of the production from the Ngualla project. For its Ngualla rare earth project in Tanzania, Australian miner Peak Rare …

Peak signs an offtake agreement with Shenghe for a rare earth project in Tanzania Read More

Mining industry has potential to contribute up to 10% of kenya’s GDP according to the government

July 28, 2023

Government projections indicate that the mining industry might boost the country’s GDP by up to 10%. Principal Secretary for Trade Abubakar Hassan said at a business event. “The government of …

Mining industry has potential to contribute up to 10% of kenya’s GDP according to the government Read More

PS promises the benefits of mining ventures to the general public

June 30, 2023

Mr. Kheri Mahimbali, Permanent secretary of the Ministry of Minerals, pledged to make sure that the government and the general public benefit appropriately from investments in significant mining projects. During …

PS promises the benefits of mining ventures to the general public Read More

Prefabricated houses are gaining demand in Kenya

June 9, 2023

Prefabs, usually referred to as prefabricated homes, are gradually gaining popularity in Kenya as builders adopt contemporary technology in an effort to avoid growing construction costs. These homes are constructed …

Prefabricated houses are gaining demand in Kenya Read More

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