19th edition of AUTOEXPO-2016 gives professionals a way to make the most of this unique opportunity to meet and reinforces successful strategy based on three key themes: more business, more services and more events. It will take place from 10th â€“ 12th June at The Dome in Nairobi, Kenya and from 07th â€“ 09th July at the Mlimani Conference Centre in the capital city of Dar-Es-Salaam, Tanzania.Â
Â Trading & Sourcing will be open to all exhibitors, individuals and national pavilions, targeting large buyers and the distribution industry in particular. Open for three days to better meet the needs of international customers. AUTOEXPO-2016 will host exhibitors internationally and locally in a combined space of over 3115 sq meters. We aim at gathering positive energy to propel co-operation and innovation.
Tanzania standard gauge railway gets financial support
The construction of Tanzania standard gauge railway Line has received much needed impetus after the China Exim Bank agreed to support the project with a USD7.6m loan.-
According to the ministry of transport officials the Tanzania standard gauge railway is expected to cover about 2,190-kilometre and will be implemented by Chinese contractors in assistance with local contractors.
The statement also added that the loan given will be able to fund the construction of the project fully and itâ€™s expected to begin in the current financial year as the government has also allocated funds for the same.Read more...
The Ghana energy commission plans to fully implement an initiative of supporting industrial firms to generate their own power. The commission targets steel and mining companies.
However, the commission plans to kick off the implementation procedure before the end of 2016 in order to achieve Ghanaâ€™s 10% renewable energy target for the nationâ€™s energy mix come 2020. Additionally, companies will as well be able to purchase renewable energy for their operations.
The Association of Ghana Industries (AGI) has described the initiative as a cheaper option when it comes to power consumption by the massive production companies.Read more...
The Nigerian National Petroleum Corporation (NNPC) has plans to establish energy renewable plant in Nigeria using agricultural products. The energy renewable plant in Nigeria will be constructed in Benue State,is among the Federal Governmentâ€™s effort to diversify the countryâ€™s economy.
Rabiu Suleiman, Corporationâ€™s Group General Manager in charge of Renewable Energy Division, confirmed that the project will cost about US$300m. He added that the project will receive financial boost from a joint venture which is made up foreign partners. However, technical partners have already been secured by the corporation.
The Federal Government conceived the renewable energy using agricultural products to diversify energy generation from the existing sources in 2005 and since then the new renewable energy proposal has been in the governmentâ€™s pipeline to fulfil it.Read more...
China Wu Yi, a Chinese based firm is now expected to carry out a major road expansion in Kenya in the next few weeks.
China Wu Yi won the U$158Million project to expand the a 25km stretch of Waiyaki Way starting from James Gichuru Road junction to Mai Mahiu turnoff on the Nairobi-Nakuru highway.
The road expansion in Kenya which is expected to reduce the frequent traffic jams experienced in Kenyaâ€™s capital Nairobi is part of the World Bank-funded mega roads expansion project.
The other project that is in the World Bank mission is to converse of the 45.2km road between the Jomo Kenyatta International Airport (JKIA) and Rironi into a superhighway.Read more...
The mayor of Cape Town Patricia de Lille has launched a Manenberg housing construction that is expected to house more than 500 families.
The US$8.6 million Manenberg housing construction, located in The Downs development in Manenberg will be able to accommodate 587 families and it is part of the Cityâ€™s Integrated Development Plan.
Speaking during the ground breaking ceremony on Wednesday, de Lille said: â€śHousing opportunities will be provided for residents from Manenberg, Surrey Estate, Tambo Square, Sherwood Park and Gugulethu.â€ť She recounted how the Cape Town, in 2011, had identified Manenberg as an area with and area with urgent need of urban upgrading and in need of regeneration.
The Manenberg housing construction is as a result of the Cityâ€™s commitment to addressing social problems within the cityâ€™s communities. The mayor said the City had committed over US$14 million towards upgrading the councilâ€™s residential units in the area. She added that more money amounting to US$2.8 million had to be spent towards additional costs that were incurred because of delays caused by gangsterism and crime.Read more...
Pan Africa Solar to develop and deliver 1,000MW solar projects in Nigeria. The German based utility scale solar energy Company, has also revealed plans to inject over US$1bn foreign direct investments into the country for the next coming five years.
The project is made up of a consortium of sponsors who are African Finance Corporation (AFC), Pan Africa Solar and JCM Capital. DEG and Proparco are the FMO lead arrangers of debt raised from the development finance institutions. Power Africa, MIGA and World Bank are also providing support towards the Project.
On behalf of the Federal Government of Nigeria, Nigeria Bulk Energy Trader (NBET) signed Nigeriaâ€™s first ever solar power purchase agreement (PPA) with Pan Africa Solar. Marcus Heal, the companyâ€™s CEO signed the agreement on behalf the company.
The concluded PPA agreement has paved way for the construction of the 75MW solar photovoltaic power project. The US$146m project will be executed in Katsina State.Read more...