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ZIMBABWE: A Special Fund Will Mobilize $45 Million for Renewable Energy In 2022

February 9, 2022

In Zimbabwe, the authorities, with the support of the United Nations Fund for SDGs, have set up a Renewable Energy Fund (REF). This scheme will attract investment in hydropower, solar …

ZIMBABWE: A Special Fund Will Mobilize $45 Million for Renewable Energy In 2022 Read More

Prospects for LNG Project High As Negotiations Resume

January 17, 2022January 17, 2022

The government has said the Host Government Agreement (HGA) negotiations for the $30 billion Liquefied Natural Gas (LNG) project that stalled since year 2017 have resumed. The discussions to construct …

Prospects for LNG Project High As Negotiations Resume Read More

Kenya Renews Lamu Oil Search

January 17, 2022

Kenya has stepped up oil and gas exploration activities in the Lamu Basin weeks after rejecting a ruling over a four-decade maritime dispute with Somalia. Petroleum commissioner James Ng’ang’a said …

Kenya Renews Lamu Oil Search Read More

China Grants Kenya Sh51b, Signs Six Agreements to Boost Trade

January 14, 2022January 14, 2022

Kenya and China have signed 6 bilateral agreements that will facilitate trade between the 2 nations key among the export of avocado to the lucrative Asian economic giant. During the …

China Grants Kenya Sh51b, Signs Six Agreements to Boost Trade Read More

Chinese Foreign Minister to Visit Kenya in Africa Tour

January 14, 2022January 14, 2022

Chinese State Councillor and Foreign Minister Wang Yi has begun his 4 day visit in Africa to cement trade relation where he is expected to sign a number of bilateral …

Chinese Foreign Minister to Visit Kenya in Africa Tour Read More

MALI: BOAD Lends €23 Million for the Kourouba Mini-Hydro Plant (3.9 MW)

January 13, 2022January 13, 2022

The West African Development Bank (BOAD) is granting CFAF 15 billion (around €23 million) to the Malian government for the construction of the Kourouba mini-hydro plant, located 90 km away …

MALI: BOAD Lends €23 Million for the Kourouba Mini-Hydro Plant (3.9 MW) Read More

Zimbabwe: 12.3% Electricity Tariffs Increase a Great Knock for Citizens

January 13, 2022

Zimbabwe Energy Regulatory Authority (ZERA) has, in terms of Section 53 of the Electricity Act and effective on the 1st of January 2022, increased electricity tariffs by 12.3 per cent. …

Zimbabwe: 12.3% Electricity Tariffs Increase a Great Knock for Citizens Read More

Tanzania attracts the most FDI when compared to other EAC Member States

January 3, 2022January 3, 2022

Tanzania leads the East African Community region in terms of attracting foreign direct investments (FDIs), with approximately US$29 billion flowing into the country between March and August of this year. …

Tanzania attracts the most FDI when compared to other EAC Member States Read More

Ethiopia Secures $1 Billion in Foreign Direct Investment in 4 Months

January 3, 2022

Ethiopia has secured $1 billion in FDI (foreign direct investment) during the first four months of the Ethiopian fiscal year, which began on July 8, 2021, according to Lelise Neme, …

Ethiopia Secures $1 Billion in Foreign Direct Investment in 4 Months Read More

Tanzania: Kudos for Tanzania Boosting Digital Economy

December 24, 2021January 3, 2022

This is a huge leap forward economically, with the economy intertwined with the traditional economy, making a clear delineation harder. The digital economy results from billions of everyday online connections …

Tanzania: Kudos for Tanzania Boosting Digital Economy Read More

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