African Business News

Auto maker Mahindra aims for double-digit Africa growth, plans Kenya hub

India's largest utility and tractor producer, Mahindra and Mahindra, has set up an Africa-focused business unit as it looks to maintain double-digit growth levels in the continent, the company said on Tuesday.

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DHL plans to invest millions in Sub-Saharan Africa in 2015

DHL Express continues to see Sub-Saharan Africa as one of the most promising areas for growth which will contribute to the company’s global development.

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Falcon Oil and Gas set to explore South African shale opportunities

Falcon Oil & Gas is entering into negotiations with the South African government to agree on terms for a licence to explore for shale gas.

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KenGen strikes 375MW from new geothermal wells

Electricity generating company KenGen is set to boost its geothermal output following the discovery of steam wells that can generate up to 375 megawatts at its Olkaria fields.

The wells will be used to develop three power plants with total capacity of 350MW.

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