Sri Lanka's Sierra Cables to build plant in Kenya
Sri Lanka based Sierra Cables plans to set up a manufacturing plant in Kenya targeting East Africa’s power generation projects.
New African Development Bank President Adesina looking to mobilize $55B for energy projects on the continent
African Development Bank President Akinwumi Adesina, who took over this month, said he’s aiming to eliminate Africa’s energy deficit by 2025 by mobilizing $55 billion of investment.
Nampak Plans Glass Factories in Africa's Most Populous Nations
Nampak Ltd., Africa’s biggest maker of beverage cans, has agreed with partners to build glass-bottle manufacturing plants to take advantage of growing demand for packaged consumer goods and bottled drinks in the two countries where a quarter of Africans live — Nigeria and Ethiopia.
Kenya and South Sudan to receive fibre optic connection
Kenya and South Sudan are set to benefit from being connected to a high-speed fibre optic cable within the next two years which will greatly enhance communication as well as inter-border trade.
