Saturday , 16 December 2017

Category: Energy

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Cote d’Ivoire: PIATA’s deal worth $280mn launches in Africa

Cote d’Ivoire: PIATA’s deal worth $280mn launches in Africa

The multi-million dollar Partnership for Inclusive Agricultural Transformation in Africa (PIATA) was launched today at the 2017 African Green Revolution Forum (AGRF). PIATA is an ...

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PARIS, France: Kenya Airways moves terminals in Charles de Gaulle Airport

PARIS, France: Kenya Airways moves terminals in Charles de Gaulle Airport

Kenya Airways will move its operations in Paris’ Charles De Gaulle (CDG) Airport to Terminal 2E from Terminal 2C in an effort to give better services to its customers traveling to ...

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Nairobi: Sanlam’s Kes2.7Bn Office Complex nearing completion

Nairobi: Sanlam’s Kes2.7Bn Office Complex nearing completion

The ongoing construction works of Kes 2.7billion eco-friendly 18-storey office complex by financial services firm Sanlam Kenya Plc has entered its final stretch. Speaking during a ...

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Bidco Africa picks Denmark’s CO-RO for new beverages business

Bidco Africa picks Denmark’s CO-RO for new beverages business

Bidco Africa has partnered with Danish drinks giant CO-RO to roll out a new beverages business in Kenya. The joint venture, called BIDCORO Africa Limited, will manufacture a range ...

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Deacons EA net loss widens to Sh180.4m

Deacons EA net loss widens to Sh180.4m

Fashion retailer Deacons East Africa has announced a net loss after tax of Sh180.4million for the first half of financial year 2017, widening from Sh52.6million the retailer repor ...

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Jubilee Insurance records Kes2.34Bn profit before tax

Jubilee Insurance records Kes2.34Bn profit before tax

Jubilee Insurance Monday announced half-year pre-tax profit to Kes 2.34 billion up from Kes1.97 billion the insurer recorded during the same period last year, a 19 per cent growth ...

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Nairobi: KenGen picks first woman CEO

Nairobi: KenGen picks first woman CEO

The Board of Kenya Electricity Generating Company (KenGen) has appointed the Company Secretary and Legal Affairs Director, Mrs. Rebecca Miano, as Acting Managing Director and chie ...

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LAGOS: Dangote’s $450m sugar complex to create over 15k jobs

LAGOS: Dangote’s $450m sugar complex to create over 15k jobs

Dangote Group in Minna, Niger State signed a Memorandum of Understanding (MoU) with the State Government for the establishment of a jumbo $450million state-of–art and fully integr ...

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Nairobi: Zamara announces Rwanda, Nigeria entry plans

Nairobi: Zamara announces Rwanda, Nigeria entry plans

Financial services firm Zamara has set its sights on African markets as it seeks to capitalise on the growing demand for insurance, brokerage and similar services on the continent ...

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Equity Bank profits soar to Kes13.3Bn

Equity Bank profits soar to Kes13.3Bn

Equity Bank Tuesday posted a profit before tax of Kes 13.3billion for the period ended 30th June 2017, helped by increased revenue from non-interest income and growing regional ba ...

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