Bamburi Cement net profit nearly doubles in first half
A boom in construction and foreign exchange gains has helped Bamburi Cement’s net profit almost double for the six months to June. The cement manufacturer reported an 86 per cent leap in net profits to Sh3 billion, with the management projecting an even better second half.
Liberia: Govt Needs U.S.$2.2 Billon for Roads - Says Public Works Minister
Public Works Minister William Moore says the ministry needs US$2.2 billion to construct the country's 10,000 kilometers of roads. Addressing the Ministry of Information press briefing Tuesday in Monrovia, Moore said the finding follows an assessment conducted by technicians of the ministry, international partners and consultants.
Kenya to generate over half of its electricity through solar power by 2016
Government invests $1.2bn jointly with private companies to build solar power plants across the country
Kenya has identified nine sites to build solar power plants that could provide more than half the country's electricity by 2016.
Kenya: New Kenyan Law to Regulate Oil, Gas Exploration
Kenya's parliament is scheduled to debate a new petroleum Bill that will establish an independent upstream regulatory authority and a sovereign wealth fund.
