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AfDB approves guarantee for Kenya’s 300MW wind power project

AfDB approves guarantee for Kenya’s 300MW wind power project

The Board of the African Development Bank (AfDB) approved the Lake Turkana Transmission Line Delay Partial Risk Guarantee for €20 million, the first of the African Development Fund’s Partial Risk Guarantees (ADF PRG). The ADF PRG is a risk mitigation instrument that covers private lenders and investors against the risk…

In Africa, Al Qaeda finds new life

In Africa, Al Qaeda finds new life

NAIROBI, Kenya — Al Qaeda-inspired militancy is on the rise in Africa as disparate groups with local grievances find common cause in the global terror group’s tactics and ideology and, in turn, offer it new theaters of operation. Military pressure, drone strikes and the assassination of Osama bin Laden have…

Dozens Dead in Nairobi Mall Siege

Dozens Dead in Nairobi Mall Siege

NAIROBI (Zimbabwe Investor) – Kenyan military personnel were on Monday preparing for a major assault to end the stand-off with Al-Shabab militants holding shoppers hostage inside Westgate Shopping Mall in Nairobi, Kenya. The siege which started on Saturday afternoon inside Westgate Shopping Mall in Nairobi, Kenya had by Monday morning…

Nairobi airport reopens for international flights

Nairobi airport reopens for international flights

LONDON (Zimbabwe Investor) – International flights have resumed landing and taking off from Jomo Kenyatta International Airport (JKIA), Nairobi, Kenya a day after fire gutted parts of the important terminal. Kenya Airports Authority had undertaken to ensure international service would start a day after the arrivals section of the airport…