Obama calls for more intra-Africa trade
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.
“The biggest markets for your goods are often right next door. You don’t have to just look overseas for growth, you can look internally…it shouldn’t be harder for African countries to trade with each other than it is for you to trade with Europe and America,” he said.
Tanzania-Kenya Highway Upgrade to Boost Trade
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.
GE and Partners Announce New Renewable Energy Project to Boost Kenya's Power Grid
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
Lamu, Malindi to host the 1000MW solar power plant
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.
