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MOZAMBIQUE AND GREAT LAKES AFRICA ENERGY SIGN MoU FOR DOMESTIC USE OF THE ROVUMA BASIN NATURAL GAS RESERVES FOR POWER GENERATION
Special Correspondent -1
The Government of Mozambique has signed a Memorandum of Understanding (MoU) with Great Lakes Africa Energy (GLAE) to generate electric power using natural gas for domestic use at an estimated value of US $400million.
The agreement signed last Friday in Maputo, Mozambique with GLAE, a United Kingdom registered Pan African energy solutions provider, will involve the construction of a 250...
With even exotic brands like Bentley, Maserati, and Lamborghini now selling their own super-premium sport-utility vehicles, it seems that a not-so-subtle takeover of the luxury market is manifest destiny. Already, luxury SUVs, especially car-based crossovers, outsell upscale sedans, with compact models being especially popular these days among young up-and-comers and empty nesters alike.
And like their sedan counterparts, it seems...
Shop to provide smartphone and fibre experiential zones to cater to increasing adoption of digital services in Nakuru
Safaricom (NSE: SCOM) has opened a second shop in Nakuru town, marking its third strategic investment in the lakeside town. Located at the Westside Mall, the shop has been designed to offer a premium experience to customers from Nakuru and...
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Siemens takes Digital Solutions of the year award at Africa Utility Week
Special Correspondent -
Siemens provides a comprehensive portfolio of products, solutions, and services to help build and operate microgrids of any size
Siemens (www.Siemens.com) wins the Digital Solutions of the year award for its Siemens South Africa Head Quarters Micro Grid Project at the Africa Utility Week Industry Awards evening which took place in Cape Town last night.
Why Microgrids are the future...
The next few months are monumental for the Kenya Rugby Union (www.KRU.co.ke) as three of its national sides are engaged in continental and global action.
The women’s sevens team, the Lionesses, are on the cusp of continental glory as they have a strong chance of winning the Rugby Africa Women’s Sevens taking place next weekend in Gaborone, Botswana. They...
Farming
Safaricom Foundation Launches New Strategy To Bolster Health, Education And Economic Empowerment
Special Correspondent -
The strategy is geared towards positively impacting local communication
Safaricom Foundation has today launched its three year strategic roadmap, which commits to focus on health, education and economic empowerment.
In the new strategy, the Foundation will also continue to provide immediate financial support to relief agencies and local organisations that are first responders to emergencies and disasters.
“Our mission is...
Ecobank’s digital strategy leverages digitalisation for scale and ubiquity and is the key plank in its ambition to be the top consumer financial services franchise in Africa
LOME, Togo, May 17, 2018/ -- Ecobank (www.Ecobank.com) won the Best Digital Strategy Award at the Retail Banker International’s prestigious awards ceremony held at the Waldorf Hilton Hotel in London last week.
Ecobank’s digital...
Farming
European Union Operation Atalanta and Kenyan maritime authorities conducting joint exercises
Special Correspondent -
European Union naval forces are working with other organisations to strengthen maritime security and protect vulnerable shipping in the Horn of Africa and in the Western Indian Ocean
NAIROBI, Kenya, May 17, 2018/ -- Senior Kenyan and European officials are today meeting in Mombasa where the flagship of the European Union's Atalanta operation, the ITS Carlos Margottini, is making a...
In response to Kenyan president Uhuru Kenyatta signing the Computer and Cybercrimes Law, new legislation that allows criminal charges to be brought against persons deemed to have “intentionally published false, misleading or fictitious data,” Freedom House issued the following statement:
“The cybercrimes law is another step backward for media freedom and online expression in Kenya,” said Morris Odhiambo, regional...
Barclays Africa Group shareholders have approved the lender’s planned change of name to Absa Group starting July.
This, in effect, sets in motion the start of the rebranding exercise for the bank’s subsidiaries across the continent.