African Business News

Launch of Health Projects at Kisii hospital in Kenya

President Uhuru Kenyatta, Deputy President William Ruto and Opposition leader Raila Odinga pays a visit to Kisii County to launch health projects.

This is the first time that the three leaders will visit the county together on a development tour since the August 2017 General Election.


Kisii Governor James Ongwae said, "the President will begin several projects at the County Referral Hospital."


"Africa Energy" declared the opening of new petroleum province offshore in South Africa

Africa Energy Corp., an oil and gas company with exploration assets offshore South Africa and Namibia, is glad to announce a notable gas condensate discovery on the Brulpadda prospects located on Block 11B/12B offshore South Africa.

Africa Energy holds a 4.9% effective interest in the Exploration Right for Block 11B/12B.


Tanzania’s heart institute is all set to treat more patients in 2019

Jakaya Kikwete Cardiac Institute (JKCI), plans to perform surgeries to more than 1,500 in its efforts to decrease the number of patients, who are broached to abroad for treatment.


The executive director of JKCI, Prof Mohamed Janabi, said that, "last year the institute conducted a total of 1,356 surgeries. Our main intention is to continue to save people's lives. Hopefully one day with the increasing cardiovascular treatment skills to our experts we will not be sending patients abroad."


Tanzania-Uganda's oil and pipeline projects to top this year's infrastructure transactions in the region

A new report shows that Tanzania and Uganda top EA's oil and pipeline project funding needs this year as the two countries seeking over $7 billion funding for the said project.

According to Debtwire's Africa Project Finance Trend update for 2019, the oil and infrastructure sectors are the most probably to attract interest from investors and financiers this year.


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