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Working group meeting to address impact of neonicotinoids in Africa

By: Tasneem Bulbulia     10th May 2019 The potential risk of neonicotinoids in Africa will be assessed at a working group meeting hosted by the Academy of Science of South Africa (ASSAf) and the German National Academy of Sciences Leopoldina, in Nairobi, Kenya, from May 13 to 15. The working group meeting follows on a workshop held in... 

Kenya fails to secure funding for extension of flagship rail project

By: John Muchira     10th May 2019 Kenya’s flagship infrastructure project, the standard-gauge railway (SGR) project, will terminate about 120 km from the capital, Nairobi, after government failed to secure funding for an extension to Kisumu. Hopes by Kenya to extend the project to the lakeside city of Kisumu from Naivasha were... 

Energy solutions provider aims for Africa expansion

By: Jessica Oosthuizen     3rd May 2019 Electrical house (eHouse) solutions and electric vehicle (EV) charging infrastructure provider TGOOD Africa is expanding its business into Africa and aims to establish offices in Mozambique, Namibia and Zambia in the next nine to twelve months. The company’s head office for its sub-Saharan... 

Kenya secures $666m from China for tech city, highway

By: Reuters     29th April 2019 Kenya has secured 67.5-billion shillings ($666-million) in funding from China to build a data centre in a tech city currently under construction and a highway in Nairobi, the president's office said on Friday. Kenya has turned to China over the past few years for funds, technology and equipment... 

Gold worth billions smuggled out of Africa

By: Reuters     24th April 2019 Billions of dollars' worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found. Customs data shows that the UAE imported $15.1-billion worth of gold... 

Accor plans 60 new hotels in Africa, half of them in Egypt

By: Bloomberg     24th April 2019 Accor SA will open 60 new hotels in 14 countries in Africa in the next four years, its CEO for Middle East and Africa Mark Willis said. Over the next two years, the European hotel operator will open over half of them in Egypt, which Willis said was rebounding after “external factors” hurt the... 

IMF slates unpredictable policies in report Tanzania blocked

By: Bloomberg     23rd April 2019 The International Monetary Fund said that Tanzania’s economy is being harmed by the government’s “unpredictable and interventionist policies” in a report whose release the East African country has blocked. Tanzania refused to authorize the publication of the report, the IMF said Wednesday in a... 

Africa’s air cargo sector needs trade and aviation liberalisation to reach full potential

By: Rebecca Campbell     19th April 2019 In early February, the International Air Transport Association (IATA) released its global air freight data for the whole of 2018. Although worldwide demand, measured in freight (metric) ton kilometres (FTKs) rose by 3.5% in comparison to 2017, it was far below 2017’s 9.7% growth. And demand... 

Miners behind pre-poll South African stock rally not done yet

By: Bloomberg     17th April 2019 South African mining stocks have had their best start to the year since 2016 and there’s every chance they are not done yet. The FTSE/JSE Africa Mining Index has gained 22% as of April 16 and is close to an eight-year high, helping South Africa’s benchmark gauge advance 12% as investors show few... 

Rendeavour Rolls Out 30 MW Solar Strategy in Kenya

15th April 2019 Initial solar plant produces enough power for 8,500 people per year Rendeavour has installed its first solar power plant in Kenya, as part of a 30 MW strategy for Tatu City, the company's new city development in Nairobi.  

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