New funding solution for renewable energy investors in Kenya Published by Dinfin Mulupi on 2 June 2010 Prospective investors in renewable energy in Kenya have an opportunity to receive funding from the Energy and Environment Partnership Programme for Southern and East Africa (EEP-SE&A).
Tapping money from waste water Published by Dinfin Mulupi on 1 June 2010 A Kenya-based company, Biobox East Africa, has seen a business opportunity in the recycling of waste water. Dinfin Mulupi reports
Rwanda best place to do business in East Africa – report Published by Dinfin Mulupi on 28 May 2010 Rwanda is the best place to do business in East Africa. This according to a World Bank report published this week.
Japanese organisation financing new Mombasa container terminal Published by Dinfin Mulupi on 24 May 2010 The Kenya Ports Authority (KPA) has said designs for the construction of a KSh.16 billion (US$202 million) second container terminal at the Mombasa port will be ready by June.
Dutch company seeing potential in polluted water Published by Dinfin Mulupi on 20 May 2010 Multi Purpose Industries (MPI), a Dutch company specialising in potable water solutions, has launched a state-of-the-art decentralised water purification unit in Kenya. MPI has invested over US$70 million in the project.
A single East African currency by 2012? Published by Dinfin Mulupi on 17 May 2010 Talks are ongoing between central banks of the East African Community member states on the introduction of a single currency by 2012. If negotiations among the member states succeed the EAC countries would have a single currency in the next two years.
Indian firm to establish cement plant in East Africa Published by Dinfin Mulupi on 13 May 2010 Cemtech Sanghi Group, a subsidiary of the India-based cement giant, Sanghi Group, will this month begin construction of a Ksh.14 billion (US$180 million) cement project in the West Pokot district in the Rift Valley Province of Kenya.
High hopes for commercial gas find in Kenya Published by Dinfin Mulupi on 13 May 2010 Kenya is an inch closer to striking natural gas, the Minister for Energy Kiraitu Murungi has said.
Central Bank of Kenya to launch sharia-compliant bonds and treasury bills Published by Dinfin Mulupi on 5 May 2010 The Central Bank of Kenya (CBK) has announced that it is working on plans to launch the flotation of sharia-compliant bonds and treasury bills in the Kenyan money market.
New BMW X1 expected to exceed sales targets in East Africa Published by Dinfin Mulupi on 5 May 2010 Kenya’s exclusive BMW distributor, Bavaria Auto, yesterday launched the new 2010 BMW X1 sports utility vehicle series in the capital Nairobi.
Gulf African Bank to expand to Tanzania and Uganda Published by Dinfin Mulupi on 5 May 2010 Gulf African Bank (GAB) has announced it is planning to enter Tanzania and Uganda by the end of the year. The plans follow the Islamic bank’s successful launch and growth in the Kenyan market.
Kenyan entrepreneur turns trash into cash Published by Dinfin Mulupi on 3 May 2010 A Kenyan firm has discovered a way to turn plastic waste into a profitable business venture. Lorna Rutto is the founder of Global Bio Energy, a company that manufactures fencing posts from recycled consumer plastic waste from Dandora, a slum in Kenya’s capital city of Nairobi.