Search Results for: Kenya

BY KEITH NUTHALL

SUB-SAHARAN Africa might not be the obvious choice as the hub of a new thriving regional pharmaceutical industry, but the World Bank and a key African multi-national economic community think so. The Common Market for Eastern and Southern Africa (COMESA) has launched a detailed strategy to foster medicine manufacture and World Bank managing director Dr Ngozi Okonjo-Iweala thinks there is every chance the industry can grow south of the Sahara.…

BY JOHN K AGUNDA

IF there was one African country where a business forum on ethics was most appropriate, it might well be Tanzania, given its immediate post-independence history of socialism and self-reliance.

Those purist 1960s and 1970s days of former President Julius Nyerere and his ‘ujamaa’ leftism are now history, of course, with Tanzania, very much part of the gloablised liberal capitalist mainstream.…

BY WACHIRA KIGOTHO

CLASSIFIED as a failed state, Somalia is one of the world’s poorest countries, but oil production could change its fortune. Indeed, politically fractured Somalia is being touted as a potentially rich oil and gas producer. Given security, Somalia is increasingly regarded as economically strategically-located, a view fuelled by recent interest by Chinese and western nations’ oil and gas investment companies.…

BY MUNZA MUSHTAQ

Asia has long been accused of fostering corruption and governments have often turned a blind eye, while their countries grow richer. One answer is increasing the role of non-state actors in dealing with the problem. Munza Mushtaq reports from the 14th International Anti-Corruption Conference (IACC) at the Queen Sirikit National Convention Centre, Bangkok, Thailand.…

BY KEITH NUTHALL

THE GERMAN government is giving Euro EUR1.2 million to a UN project expanding and upgrading small and medium-sized generic pharmaceutical manufacturers in Asia and Africa. It is run by the UN Industrial Development Organisation (UNIDO) and aims to spread medicine manufacture across a continent where production is mainly concentrated in South Africa, Nigeria, Ghana and Kenya.…

BY DEIRDRE MASON

SALES of new cars are still holding up surprisingly well despite the global downturn, but within a few years of their purchase, how many of them will be running on retread tyres?

The signs are that the market for retread and recycled tyres will grow, as world demand for rubber grows, particularly in China.…

BY KEITH NUTHALL

PRESSURE is being applied to non-ferrous metal mining companies to follow an Organisation for Economic Cooperation & Development (OECD) code of practice that prevents them fuelling armed conflicts in the Great Lakes region of Africa.

Its countries have been witness to come of the worst human rights abuses and violence of the last 50 years: the genocide in Rwanda and the bloody civil war of the Democratic Republic of the Congo (DRC).…

BY KEITH NUTHALL

THE GERMAN government is giving Euro EUR1.2 million to a UN project expanding and upgrading small and medium-sized generic pharmaceutical manufacturers in Asia and Africa. It is run by the UN Industrial Development Organisation (UNIDO) and aims to spread medicine manufacture across a continent where production is mainly concentrated in South Africa, Nigeria, Ghana and Kenya.…

BY KEITH NUTHALL

THE MULTILATERAL Investment Guarantee Agency (MIGA), of the World Bank, has increased its coverage of OrPower 4 Inc.’s power plant in Kenya’s Olkaria geothermal fields by US dollars USD110 million, up from USD24 million. MIGA is covering the plant against transfer restriction, expropriation, war and civil disturbance.…

BY MOHAMMED YUSUF

Aga Khan University plans major new Tanzania campus

Mohammed Yusuf

The Aga Khan University – the Pakistan-based international multi-site higher-education institution – is planning to open a new campus in Arusha, Tanzania. The campus would house an arts and science faculties and educate up to 3,000 students from across east Africa.…