News

In connection with a proposed listing on the Nairobi Securities Exchange, Papillon Holdings, which will be renamed Caracal Gold, has appointed Kenya-based Faida Investment Bank as its financial adviser and joint broker (NSE). This comes after the company’s prospectus was published on July 20 relating to the company’s ordinary shares …

The past 18 months have torn through industry and sector globally, leaving behind complex layers of economic instability and financial growth uncertainty. For the oil and gas sector, these months have hit the bottom line like a hammer – as the African Energy Chamber (AEC) Africa Energy Outlook 2021 report …

Until late 2020, Narok had no sanitation system. The County had set aside a quarry near Narok town as a disposal area, but this was shut down in 2019 by the National Environment Management Authority (NEMA) after the quarry got full and was spilling into the adjacent Enkare Narok River. However, …

Due to robust demand and restricted supply, tin and aluminium prices are expected to outperform the rest of the basic metals complex in the second half of 2021, according to Antaike, a state-backed Chinese research agency. “Tin and aluminium are still much stronger than other metals, followed by nickel and …

The government has promised to pay people of various villages in the Kapchorwa and Bulambuli districts who have been impacted by mining activity. The location is where the Kampala Cement Company mines pozzolana, a vital ingredient in cement production. Kaboryot and Kapchela in Kawowo Sub-county, Kapchorwa District, and Buwekanda Village …

Eastern Africa Mining and Energy Conference (EAMEC), which will take place from October 12th to 14th, 2021 at the Safari Park Hotel in Nairobi, Kenya, is Eastern Africa’s largest and only international and local Mining and Energy forum. It is designed to bring together key players in the mining, oil, …

Several players active in North Africa’s oil and gas space-producing countries, independent oil companies (IOCs), service providers, and others, are already signed up for Africa Oil Week in November this year. Africa Oil Week announced that the event is temporarily moved to Dubai as a Covide-19 safety measure, but will …

A perfect storm is brewing at mining firm Athi Stores Ltd, with directors fighting over Sh2.5 billion in allegedly embezzled funds, the taxman seeking his pound of flesh, and angry staff demanding Sh60 million in termination bonuses. The boardroom squabbles pit two families against one another, perhaps setting the stage …

Changing the face of energy consumption and innovation demands big and bold ideas. It asks that organisations, sectors, and service providers invest in solutions that change how energy is consumed, created, and managed. And the mining sector has been meeting these big and bold requests head-on. This sector, facing complex …

Pix4D, the photogrammetry industry leader, today announced the signing of an exclusive reseller partnership with Beijing Skymap Technology Co., Ltd. a high-tech enterprise integrating software sales, service, research and development, and project integration in mainland China. With the diversification of Pix4D’s product portfolio to meet the specific needs of industries …