Throughout 2022, 40% of industrial control system (ICS) computers globally were attacked with malware. In Africa, the figure sits at 47%, according to Kaspersky. The three countries which experienced the most attacks on ICS infrastructure were Ethiopia (62%), Algeria (59%), and Burundi (57%). They are followed by Rwanda (46%), Kenya …
Read More »Kenya’s communities to see an increase in entrepreneurial investment following new partnership
Kenya’s startup ecosystem has shown impressive growth over the years, obtaining both 2.1 points in the StartupBlink ecosystem index and ranking as the third-leading African country for startups after South Africa and Nigeria. These achievements have coincided with significant investment flows into areas such as Nairobi, with efforts now underway to uplift …
Read More »New Namibian company for Vesconite
Buying Vesconite products in Namibia has become easier with the establishment of a wholly-owned Namibian subsidiary. Known as Vesconite Bearings Namibia, the new company will stock frequently-ordered hollow bar, solid rods and plate for ease of ordering and distribution into the Southern African country. “Coastal Couriers, a leader in the …
Read More »OP-ed: Available data points to enormous untapped potential of Kenya’s ocean sectors
The ocean is an under-utilized natural resource yet it covers 70 per cent of the Earth’s surface and is home to 80 per cent of all life on the planet. But according to UNEP, very little is known about the resources present in the world’s oceans and their true value. …
Read More »Kwale operations extended by 13 months to December 2024
Base Resources Ltd. announced on Monday that it is moving on with the development of its Bumamani minerals sands project in Kenya, which will extend the life of its Kwale operations by 13 months to December 2024. After a formal feasibility study established Bumamani’s economic viability, the mining company decided …
Read More »Shanta Gold to accelerate growth with windfall from Stanbic Bank
Shanta Gold, an East African gold producer, developer, and explorer, has signed binding definitive documents with Stanbic Bank Tanzania for a $20 million loan facility to help it expand its portfolio. Shanta CEO Eric Zurrin says the four-year $20 million facilities is a significant step forward for the company because …
Read More »Kenya aspires to be Africa’s block reward mining hub
Kenya aspires to be Africa’s block reward mining hub, and the country’s largest power producer is leading the charge. The company, known as KenGen PLC, is luring miners with cheap geothermal energy and claims to have been approached by several miners from Europe and the United States. Speaking at a …
Read More »Shanta Gold’s West Kenya project receives its first mineral resource estimate
Aim-listed The Ramula target at Shanta Gold’s West Kenya project has received its first mineral resource estimate (MRE). This comes after a successful drilling campaign in 2021, with more updates on other targets – Isulu-Bushiangala and Bumbo – expected in the coming months. The Ramula target adds 434 400 ounces …
Read More »Shanta gives an update on drilling at its West Kenya Project
Aim-listed Shanta Gold has added a third drill rig to upgrade the mineral resource estimate. This Follows this success on Shanta’s latest phase of drilling at its West Kenya project which has continued to deliver good results, ensuring that this remains the most consistently high-grade drilling programme the company has …
Read More »Unlicensed sites posing a risk to the miners
Nyanza Regional Mining Officer Ben Bera said illegal mining was rampant in the area adding that stern action shall be taken against those involved. The Department of Mines and Geology is set to launch a crackdown on illegal mines in the Nyanza Region to avert loss of lives occasioned by …
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