Friday, May 25, 2018

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Tycoon Kariuki to build Sh40bn Mozambique gas power plant

Tycoon Humphrey Kariuki’s Great Lakes Africa Energy (GLAE) has entered an agreement with the Mozambique government to generate electricity using natural gas for domestic...

Actis to Buy 88% Stake in 100-Megawatt Kenyan Wind Project

London-based private equity company Actis LLP will take an 88 percent stake in the 100-megawatt Kipeto Wind Power in Kenya after buying out most...

Season of easing over as African central bankers expected to keep rates on hold

The risk of a reversal in the inflation drop that has characterised many of the biggest African economies in the last year, will likely...

Zimbabwe, China seal US $1bn power deal

Zimbabwe has signed a US $1bn deal with Sinosteel Corp in a development that will see the Chinese firm building a 400MW coal bed methane-fired power...

Africa bids to unlock trade finance potential

Amid great fanfare 44 African countries signed the long-awaited African Continental Free Trade Area (CFTA) earlier this year. The bloc is expected to boost...

China Metals Giant Pushes Further Into Africa in Bauxite Hunt

China’s largest state-owned aluminum producer is pushing further into Africa to secure supplies of raw materials used to make the metal. Aluminum Corp. of China...

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Tycoon Kariuki to build Sh40bn Mozambique gas power plant

Tycoon Humphrey Kariuki’s Great Lakes Africa Energy (GLAE) has entered an agreement with the Mozambique...

Actis to Buy 88% Stake in 100-Megawatt Kenyan Wind Project

London-based private equity company Actis LLP will take an 88 percent stake in the 100-megawatt...

Season of easing over as African central bankers expected to keep rates on hold

The risk of a reversal in the inflation drop that has characterised many of the...

Zimbabwe, China seal US $1bn power deal

Zimbabwe has signed a US $1bn deal with Sinosteel Corp in a development that will see the...

Africa bids to unlock trade finance potential

Amid great fanfare 44 African countries signed the long-awaited African Continental Free Trade Area (CFTA)...