AfDB provides US $62 million to support Technical and Vocational Education in Kenya

The Executive Board of Directors of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved a US $62-million loan to finance the second phase of Kenya’s Support … Read More

Atlas Development & Support Services anticipates H1 pre-tax losses of $2.5m

The Kenyan headquartered, African focused support services and logistics company Atlas Development has said the H1 pre-tax losses anticipated is $2.5m from an expected turnover of US$11.0m in its latest six … Read More

Somalia maritime border case baseless, ignorant of international law – Kenya’s Attorney general

While acknowledging that Kenya had formally received a memorandum over a case filed by Somalia at the International Court of Justice the East Africa nation attorney general Prof. Githu Muigai … Read More

Africa Alliance Asset Management acquires more ownership of Atlas Development

Investment banking group African Alliance Asset Management is interested in buying over 26.6 million shares of the Kenyan headquartered African focussed support services and logistics company Atlas Development according to … Read More

GardaWorld expands into more Africa countries after acquisition of Aegis Group

GardaWorld, the world’s largest privately owned security and cash services provider, announces today the strategic expansion of its protective services platform in Africa and the Middle East after entering into … Read More

Kenya Somali Maritime Border Case Headed for the International Court Next Week

A fortnight after Kenya’s foreign affairs minister Amina Mohammed said that the East African nation and its horn of African neighbor had agreed to settle maritime border issues outside the … Read More

Uganda International Oil & Gas Summit Set For September in Kampala

The Ministry of Energy & Mineral Development has announced that the “Uganda International Oil & Gas Summit” (UIOGS) will be held in Kampala on 16-17 September 2015. With a first-class … Read More

New petroleum producers survey policy options in wake of oil price slump

Countries seeking to develop newly-discovered petroleum resources are facing a fall in global oil prices, with competition from the ‘shale gas revolution’ in the United States, as well as renewable energy … Read More

17 companies shortlisted for Uganda’s First Licensing Round for Petroleum Exploration, Development and Production

Following the end of a deadline for the Process of receiving the Request for Qualification ended on 30th June, 2015 the Ministry has said it has registered seventeen valid applicants out of … Read More