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Lisec Group

Austria's Lisec Group to enter Nigerian glass markets, reveals expansion plan

Lisec Group disclosed expansion plans directed to entering the Nigerian glass market, reported Ventures Africa.

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TransCentury

TransCentury sells stake in railway firm Rift Valley Railways

Kenya's investment firm TransCentury has sold 34 percent of the stake it holds in Rift Valley Railways to Citadel, reported Ventures Africa.

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CladLight

Kenyan startup CladLight creates Smart Jacket to reduce motorbike accidents

Kenya-based wearable tech startup CladLight created the Smart Jacket, a wearable jacket with modified reflector and transmitter, to make motorbike driving more stable and help reduce the number of accidents in the country.

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Microsoft 4Afrika

Microsoft 4Afrika selects five African startups for innovation grant

US tech giant Microsoft selected five African tech startups to receive innovation grants, technical support, and mentorship from Microsoft under its venture arm extension, the Microsoft 4Afrika Initiative.

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Jeff Immelt

General Electric Co CEO Jeffrey Immelt asks private investors for more investment in African healthcare

General Electric Co Chief Executive Officer Jeffrey Immelt has asked private investors to pour more funds in African nations where government-run services have been strained, Bloomberg reported.

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Kenya's Sewer Systems

Turning sewage into money and power in Africa

Nyeri County and Karatina University in Kenya are working on a project that can turn sewage into biogas that can power the local water pumps and reduce electricity costs.

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DEG

German DEG acquires stake in Chase Bank Kenya worth USD10 million

German investment firm DEG bought a stake in Kenyan Chase Bank worth USD10 million. Chase said DEG's investment will be used to finance their expansion, including the creation of new outlets.

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Flag of Kenya

Kenya's Eurobond issue to upgrade country's infrastructure

Kenya's Treasury Secretary Henry Rotich confirms the sale of as much as USD2 billion worth of Eurobonds for the country's debt payments and energy projects.

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Kenya Mall Attack

Nairobi morgue braces for more bodies in Kenyan mall attack

The city morgue of Nairobi had readied itself to receive more dead bodies from the mall attack in Nairobi, Kenya.

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Aliko Dangote

Nigeria's Dangote plans to build USD 400 million cement plant in Kenya- Kenyatta

President Uhuru Kenyatta's office said Africa's richest man Aliko Dangote would invest in a USD 400 million cement factory in Kenya.

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Kenya

Belgium government grant-loan helps expand water, sanitation services in Kenyan town

A grant-loan from the Belgian government would expand the water and sanitation services in Iten, Kenya.

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Kenyan President Uhuru Kenyatta

Kenyan government constructs new 2.5 million-capacity airport terminal

Kenyan President Uhuru Kenyatta revealed that his government will be constructing a temporary terminal that will hold 2.5 million passengers.

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Flag of Kenya

Home Afrika to issue REITs to support growth targets

Home Afrika is set to create REITs that would finance several property projects in Sub-Saharan Africa.

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Kenya Energy

Energy sector in Kenya needs to improve - Agency

The Energy Regulatory Commission said that the country needs to improve its energy sector.

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Kenyan Parliament 2013

Kenya to create sovereign wealth fund of mining companies

Kenya announced places to create sovereign wealth fund for mining companies and mining ventures.

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