Umeme to construct more substations
Umeme Ltd, the largest electricity distribution company in Uganda has embarked on a program of constructing power substations to reduce load shedding and power losses occurring due to transportation of power over long transmission lines.
Africa: Chinese Firm Signs U.S $1.487 Billion Deal to Build Cement Plants
Lagos — A Chinese firm has signed a deal worth 1.487 billion U.S. dollars with Nigeria-based cement giant Dangote Group to build cement plants in several African countries.
Simba Corporation in Sh161m vehicles supply deal
Simba Corporation, owners of auto dealer Simba Colt Motors, Thursday got a boost from a Sh161 million order for 46 Mitsubishi staff vehicles by Vivo Energy — which trades in Kenya as Shell.
Nairobi investors now eyeing Coast
Nairobi-based real estate and equity firms have expressed interest in investing at the Coast, a market that has in the recent past been shunned by investors due to security concerns.
