Venue: KICC, Nairobi, Kenya
Dates: 06th â€“ 08th May, 2016
Timing: 10.00 am to 06.00 pm
Business Visitors Only
Kenya has a well-developed building and construction industry with quality engineering, building and architectural design services being readily available. This industry is currently on an upward trend following re-habilitation and reconstruction of roads and bridges etc.
With increase in population, and growing demand for affordable housing, opportunities exist in the construction of residential, commercial and industrial buildings including prefabricated low-cost housing. Investors can also manufacture and supply construction materials and components for the sector.
Tullow Oil has announced it expects to produce oil for the first time in Kenya by 2020.
The announcement, made through its 2015 half-year report, puts to rest speculation that had earlier suggested Kenya would start producing oil by 2017.
In the report released on Wednesday (today), the multinational oil exploration company says a sanction decision for oil production is expected by the end of 2016, and the first production will happen â€śapproximately three and a half years post project sanctionâ€ť.
SkyPower Signs US $2.2 Billion Agreement to Develop and Build 1 GW of Solar Energy Projects in Kenya
NAIROBI, Kenya, July 27, 2015 /CNW/ â€“ SkyPower, the worldâ€™s largest developer and owner of utility-scale solar photovoltaic (PV) energy projects, signed a landmark agreement with the Kenyan Ministry of Energy and Petroleum for the development of 1 GW of world-class solar projects to be built in four phases in Kenya over the next five years.
The monumental US $2.2 billion agreement was signed in Nairobi, Kenya at the sixth annual Global Entrepreneurship Summit (GES). Initiated by the U.S. government in 2010, the conference gathers entrepreneurs at all stages of business development, business leaders, mentors and high-level government officials to help increase support for innovators and job creators around the world.
The upgrade of a key link road between Tanzania and Kenya is underway, raising prospects for enhanced cross-border trade.
The expansion of the multimillion-dollar superhighway running from Arusha-Holili in Tanzania to Taveta-Voi in Kenya, is expected to ease the movement of goods from Kenya's Mombasa port to landlocked countries.
The superhighway, which will be implemented in two phases on the Tanzanian side, commenced with a 14km four-lane road from Tengeru town to Sakina suburb on the Arusha-Moshi highway.
Barack Obama has called for an increase in intra-African trade alongside a renewed economic engagement with the United States, arguing that countries on the continent can do much more to build links with neighbouring states.
â€śThe biggest markets for your goods are often right next door. You donâ€™t have to just look overseas for growth, you can look internallyâ€¦it shouldnâ€™t be harder for African countries to trade with each other than it is for you to trade with Europe and America,â€ť he said.
A planned Sh220 billion investment in solar power will be spread across various counties in Kenya.
The solar power plant, which will be developed in four phases over the next four years, will be hosted in sites such as Lamu, Malindi, Kajiado, Kisumu, Kakamega and Baringo.
This follows Sunday's signing of an agreement between the ministry of energy, represented by Principal Secretary Joseph Njoroge, and SkyPower President and Chief Executive Kerry Adler to construct 1,000MW solar plants in different parts of the country.
Project follows a successful run of more than $2.5 billion worth of booked orders across Africa in the last year
- 100MW wind farm near Nairobi will contribute to installed energy capacity in Kenya
- $2.5 billion in new orders serve transport, aviation, healthcare and energy sectors
- Deal lands as GE makes substantial progress on its 2014 commitment to invest $2 billion in Africa by 2018
A Kenyan company has come up with a solar-charged electric motorbike, an engineering revolution that could significantly change transportation.
Pfoofy Power & Light Limited has also set up one solar-charging station to address the demand for motorbike transport, famously known as bodaboda, in South Nyakach-Kisumu County.
In what resembles the US techpreneur Elon Musk's electric car maker Tesla Motors, the local firm has eyes set on revolutionising transport by cutting over-reliance on fuel fossils.