Taifa Gas, Tanzania’s leading Liquified Petroleum Gas (LPG) supplier plans to construct a gas plant and storage facilities in Mombasa at the Dongo Kundu Special Economic Zones. Taifa Gas has sent an environmental impact assessment study report to the National Environment Management Authority (NEMA) for approval. “The proposed plant is designed to store propane, butane and LPG mix of various grades for domestic, commercial and industrial use,” said Nema. The terminal project will have 12 LPG spheres, each with a capacity of 2,500 tonnes, adding up to 30,000 tonnes. It will also have other facilities including one bullet tank of…
Author: David Indeje
Sickle Cell is a genetic disease characterized by a change in the shape of a red blood cell, from a smooth circular shape to a crescent shape, which can result in the blockage of small blood vessels.
Africa Trade Barometer seeks to provide the analysis and insight to intelligently inform and grow Africa’s trade ecosystem.
A financial centre is a location that is home to a cluster of national or international financial service providers such as banks, investment managers, hedge-funds or stock exchanges.
Kenya’s Parliament on Tuesday agreed to raise the debt ceiling to KSh10 trillion from the current debt ceiling of KSh9 trillion. The Legislators approved the Public Finance Management (National Government) (Amendment) Regulations 2022 tabled by Leader of Majority Amos Kimunya. The House approved the amendment made to the Public Finance Management (National Government) Regulations 2015 (principal regulations) in regulation 26(1), by deleting paragraph (c) and substituting the following paragraph: “(c) pursuant, to provisions of section 50(2) of the Act. The public debt shall not exceed shilling 10 trillion.” The National Treasury in its Medium Term Debt Management Strategy 2022 estimates…
The World Bank on Tuesday projected a 5.5 percent collective growth for the Kenyan economy in 2022. This is an upgrade from 4.9 percent previously attributed to a stronger-than-expected recovery from the coronavirus pandemic in 2021. According to the 25th edition of the World Bank Kenya Economic Update, Aiming High: Securing Education to Sustain the Recovery, the impact of the war in Ukraine is weighing on the global economic recovery from the pandemic, the growth is higher than the estimated average growth in Sub-Saharan Africa of 4 percent. In addition, the economy is projected to grow at 5.2 percent on…

