Kenya Breaking News, Business Information, Articles, Africa - kenyadetails

African states sign cyber-security deal

Uganda, Kenya and South Sudan are among several African states to have signed a new deal on cyber security to protect multi-million-dollar oil and transport projects.

Presidents Yoweri Museveni of Uganda, Paul Kagame of Rwanda and Uhuru Kenyatta of Kenya signed a memorandum of understanding on cyber security at the 10th Northern Corridor Integration Summit in the Ugandan capital, Kampala, on Saturday.

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Kenya has been #1 destination in East Africa for private equity investments over past seven years

Kenya continued its dominance in the region’s private equity industry with the country accounting for more than 60 per cent of private equity deals recorded in the East African region.

For the seventh year running, Kenya outpaced Tanzania, Ethiopia, Rwanda and Uganda to become the foremost preferred destination for investors, cementing the country’s position as a leading destination for foreign direct investment on the continent.

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Sh500 Billion for Urban Renewal Project

Nairobi — Nairobi County Government is seeking to raise about Sh530 billion through a Public Private Partnership (PPP) to undertake its urban regeneration and renewal projects within the city.

Speaking during an investors briefing on Wednesday morning, Governor Evans Kidero indicated that the project will consist of three phases which will involve the redevelopment of old housing estates in sections of the city into apartment buildings, developing high storey car park buildings and rehabilitation of medical facilities.

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China Guangzhou International Electric Heating Technology & Equipment Exhibition

China Guangzhou International Electric Heating Technology & Equipment Exhibition (known as GEHE) is a leading professional trade show especially for tubular heating elements. It has been staged 10 sessions, becoming one of the largest in scale, highest in level and the most popular expositions of the world.

GEHE2014 covered an exhibition area of 10,000 square meters with 500 standard booths, 300 enterprises from more than 40 countries and regions to participate in the fair. Total visitor's person-time volume reached 25,000 with more than 12,000 professional purchasers.

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