Kenya Tourism – Mombasa Info http://mombasainfo.com/ Mon, 24 Jan 2022 21:01:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://mombasainfo.com/wp-content/uploads/2021/06/icon-3.png Kenya Tourism – Mombasa Info http://mombasainfo.com/ 32 32 The state begins development of the second phase of the Lapsset Corridor https://mombasainfo.com/the-state-begins-development-of-the-second-phase-of-the-lapsset-corridor/ Mon, 24 Jan 2022 21:01:54 +0000 https://mombasainfo.com/the-state-begins-development-of-the-second-phase-of-the-lapsset-corridor/

Lapsset Director General Stephen Ikua (standing) with Chairman Titus Ibui (left) and Maina Kiondo. [Courtesy]

The Lapsset Corridor Development Authority (Lapsset) Corridor Development Authority has embarked on the next phase of transport network development following the launch of Lamu Port last May.

The agency said it is now focusing on other infrastructure to increase port traffic, ease access to northern Kenya and market the region as a tourism route.

Lamu Port became the country’s second commercial seaport after Mombasa Port, with high expectations that it would create more jobs and open up other opportunities in the county.

New Lapsset Corridor Development Authority director-general Stephen Ikua said key infrastructure earmarked for immediate development includes the Lamu Special Economic Zone, a crude oil pipeline and the completion of major roads.

He said the upcoming projects would allow the country to tap the vast but untapped potential of northern Kenya.

“The eastern and north-eastern parts of Kenya hold untapped potential. It is rich in mineral resources, renewable energy, wildlife and livestock, horticulture and blue resources, which we aim to tap by building efficient transportation networks…” Ikua said.

He said there had been major advances in road construction on the Lapsset Corridor, such as the 500-kilometer Isiolo-Marsabit-Moyale which was completed.

Mr Ikua said the construction of the Lamu-Garissa-Isiolo road is a priority as it is the most efficient exit route from the new port.

“The contracts for upgrading 280 km of Lamu-Ijara-Garissa roads and safety roads such as Bodhei-Basuba-Kiungu and Ijara-Hulugho roads have been awarded at a cost of Sh17.9 billion,” Ikua said. “The 368km Isiolo-Lokichar section is in the final detailed engineering drafts.”

Ikua was appointed to the position last month, taking over from Maina Kiondo, who has been in an acting role since January 2021. He replaces Silvester Kasuku, whose term ended in 2020.

Africa’s Mobile Money Boom

Kenya, one of the world’s leading mobile money providers, hit a record high between January and November 2021.

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SJPC appoints Chris Perks as Director of Engineering https://mombasainfo.com/sjpc-appoints-chris-perks-as-director-of-engineering/ Sat, 22 Jan 2022 22:54:00 +0000 https://mombasainfo.com/sjpc-appoints-chris-perks-as-director-of-engineering/

Courtesy of SJPC

Published 01/22/2022 17:54 by

The Maritime Executive

South Jersey Port Corporation is pleased to announce the recent appointment of veteran engineer Chris Perks to the organization’s team. Perks has been appointed Director of Engineering to support the agency’s growth strategy and continue to provide quality customer service to current and prospective tenants and clients. Perks’ appointment comes as the port closed after a record year for cargo throughput and a spate of capital projects, improvements and milestones in South Jersey’s burgeoning offshore wind industry. Ensuring a strong leadership team has been a mission of Andrew Saporito, the agency’s Executive Director and CEO, who has assembled an experienced leadership team since his initial appointment in 2019.

Perks has extensive experience in the local public engineering and construction markets as well as project engineering experience related to the design and construction of large multi-disciplinary projects. Previously, he has successfully participated in numerous capital improvement programs for a variety of clients, including many public and governmental entities. In addition to his extensive public sector experience, Perks has been responsible for the integration and completion of over sixty projects in Camden City, home to the Port’s headquarters and the Balzano and Broadway terminal facilities.

Perks will add value through his rich experience and productive ability to lead all design, construction and maintenance activities in the port. With solid technical skills, Perks is tasked with executing significant tenant improvements, capital projects, major operations and construction programs. In addition, Perk’s expertise will allow the port to rely on its capabilities to manage investment programs, ensure port facilities remain in good condition and meet and exceed expectations for efficient operations.

“SJPC has a long tradition of hardworking employees who go the extra mile for our customers. Ensuring our facilities are up to standards and keeping pace with our growth plans is key to our continued success and customer satisfaction. Having Chris on the team is a critical part of our strategy and we welcome him,” said Andrew Saporito, Executive Director & CEO.

“My experience has taught me that the management of capital programs is not just about keeping the facilities in good shape, it is about supporting operational excellence. I look forward to getting to work and being part of a world-class team whose mission is to expand economic opportunity in the South Jersey area,” said Perks.

The products and services described in this press release are not endorsed by The Maritime Executive.

]]> Snapshot of African economy as @ 210122 https://mombasainfo.com/snapshot-of-african-economy-as-210122/ Fri, 21 Jan 2022 11:40:15 +0000 https://mombasainfo.com/snapshot-of-african-economy-as-210122/

Friday, January 21, 2022 / 12:15 p.m. / United Capital Research / Header Image Credit:Courtneyk, iStock

Anglophone West Africa

Nigeria

  • According to the National Bureau of Statistics, consumer prices rose 15.6% yoy in December 2021, beating consensus estimates (14.8%; Bloomberg).
  • According to the Minister of Finance in a presentation of the approved budget for 2022, Nigeria’s debt increased by 20.4% in 11M-2021 from N32.9 trillion in December 2020 to N39.6 trillion in November 2021.
  • At the unveiling of 13 rice pyramids in Abuja, Governor of the Central Bank of Nigeria Godwin Emefiele announced that Nigeria’s rice production has increased by 66.7% in six (6) years, from 5.4 million tons in FY 2015 to 9 .0 million tons in fiscal year 2015. 2021.
  • Nigeria’s Senate House passed a bill establishing the National Rice Development Council aimed at further improving local rice production to reduce annual imports of rice, currently estimated at US$2.0 billion, and improve foreign exchange earnings .

Ghana

  • Ghana’s producer prices rose 12.8% yoy in December 2021 but fell 0.2% mom, according to the Ghana Statistical Service.
  • Ghanaian banks can now accept offshore debt (government, corporate and multilateral) as collateral for loans, according to a statement from the Bank of Ghana (BoG).
  • However, the securities must be denominated in dollars, pounds, euros or yen and rated AA or higher.
  • Chipper Cash has been granted an Enhanced Payment Service Provider License by the Bank of Ghana (BoG) to begin commercial operations in Ghana after the company has satisfied BoG’s Payment Service Provider license requirements.
  • International rating agency Fitch downgraded Ghana’s long-term foreign currency issuer default rating (IDR) to “B-” amid growing concerns about the government’s ability to service its debt over the medium to long term.

Francophone West Africa (WAEMU)

Senegal

  • According to the National Agency for Statistics and Demographics, consumer prices in Senegal increased by 3.8% year-on-year in December 2021, compared with 3.0% in November 2021.
  • PAPS, a Senegal-based logistics and delivery company, announced it had raised a total of $4.5 million in a pre-Series A round led by pan-African venture capital firm 4DX Ventures and regional telecoms operator Orange .

Ivory Coast

Headline inflation in December 2021 was 5.6% yoy, with an average of 4.2% in fiscal 2021, according to the Côte d’Ivoire statistics office.

East Africa

Kenya

  • According to data from the Central Bank of Kenya (CBK), mobile money agent transactions in Kenya increased by 36.0% yoy to USD 54.3 billion in the 9-month period to 2021.
  • Data from the Tourism Research Institute showed an increase in international tourist arrivals as Kenya received 870,465 tourists, up 53.0% from 567,848 in 2020. The US was the top source of tourists to Kenya with 136,981, followed by Uganda (80,067) and Tanzania (74,051 ).
  • The Department of Tourism and Wildlife forecasts tourism revenue to rise 18% year-on-year from $146.5 billion to $172.9 billion in 2022.
  • Savannah Cement announced plans to issue a KSh39.7 billion (US$350.0 million) bond issue on the London Stock Exchange to build a 2.7 Mta clinker production plant in Kitui. Proceeds from the sale will also go towards the construction of a 700,000 tpa grinding plant at the same location.
  • Low-cost internet service provider Poa Internet raised $28.0 million from Africa 50, an infrastructure financier backed by the Africa Development Bank (AfDB) and several African states.

Tanzania

  • Tanzania and Burundi have signed an agreement to build a $900.0 million, 282.0 km railway line to connect the two countries.
  • The Tanzania Fair Competition Commission (FCC) announced receipt of a merger application from Exim Bank Tanzania Ltd to acquire some assets and liabilities of First National Bank Tanzania Ltd.
  • Tanzania’s current account deficit widened from about US$166.0 million in October 2021 to about US$346.0 million in November 2021. The year-to-date November 2021 deficit is US$2.0 billion compared to US$841.0 million in November 2020. This is due to a reversal of the pandemic-related effect on the terms of trade.
  • The national debt was $36.1 billion at the end of November 2021, up $5.3 billion from November 2021, with the external debt adding $4.1 billion, up $28.0 billion, according to the Bank of Tanzania Press.
  • Debt service payments as of November 2021 totaled $171.4 million, according to BoT.

Uganda

According to the Uganda Coffee Development Authority, December 2021 coffee shipments increased by 28.0 year-on-year to 536,889 bags (worth US$75.3 million) from 419,3338 bags in December 2020.

South Africa

South Africa

  • According to Statistics South Africa, consumer prices rose by 5.9% yoy in December 2021, up from 5.5% yoy in the previous month. This is the highest increase since March 2017, driven by higher food and soft drink and transportation prices. On a morning basis, inflation increased by 0.6% in Dec-2021.
  • Additionally, wholesale sales for November 21 in November 2021 increased by 5.5% yoy and 0.1% mom, compared to a 0.2% mom decline in October 2021. Retail sales increased by 3, 3% yoy and 1.9% mom, after a 1.3% mom decline in October 2021.
  • South Africa’s mining production increased by 5.2% yoy in November 2021 on positive contributions from platinum group metals (PGMs) and iron ores. On a morning/month basis, production fell by 2.2% in the previous month compared to a 3.1% increase in October 2021.

Angola

  • According to the Instituto Nacional de Estatistica, Angola’s economy grew by 0.8% yoy in Q3 2021, the first year-on-year growth since Q4 2018 after a two-year depression. The main drivers of growth include domestic trade, transport and storage, fisheries and construction.
  • According to the Organization of Petroleum Exporting Countries (OPEC), Angola’s crude oil production increased to 1.15 mb/d in December 2021, up from 1.11 mb/d in the previous month.

Namibia

  • Madison Metals Inc announced that it has entered into a binding letter of intent with Giraffe Energy Investments Close Corporation and Otjiwa Mining and Prospecting Close Corporation to earn approximately 85.0% interest in three separate Namibian uranium license claims called the Rossing North Uranium Project acquire.
  • The Government Institutions Pension Fund (GIPF) announced that it had earned an average of N$2.0 billion monthly in the first nine months of 2020, despite the global pandemic.
  • Transaction settlements in 2021 exceed N$1.0 trillion for the first time due to high transaction volume, according to Bank of Namibia’s Interbank Settlement System (NISS).

Zambia

  • President Hakainde Hichilema has promised to accelerate investment in all sectors of the Zambian economy. The Zambian Chamber of Commerce and Industry signed a Memorandum of Understanding (MoU) with the Abu Dhabi Chamber of Commerce, United Arab Emirates (UAE).
  • Nitrogen Chemicals of Zambia (NCZ) produced 23,000 tons of D-Compound in 2021, meeting its goal to supply fertilizers under the Farmer Input Support Program (FISP) during the 2021/2022 farming season.

Zimbabwe

The Zimbabwean government has signed an agreement with the Chinese government to export fresh citrus fruits.

Central Africa

Cameroon

Fitch Ratings has confirmed UBA Cameroon’s Long-Term Issuer Default Rating (IDR) at “-B” and the outlook at “Stable”.

Congo

The Democratic Republic of the Congo (DRC) confirmed its willingness to join the East African Community (EAC) when negotiations to join Kenya began.

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The Daily Herald – Geothermal: Delivering Opportunities Beyond Electricity https://mombasainfo.com/the-daily-herald-geothermal-delivering-opportunities-beyond-electricity/ Thu, 20 Jan 2022 02:42:08 +0000 https://mombasainfo.com/the-daily-herald-geothermal-delivering-opportunities-beyond-electricity/

Artistic representation of the extraction and use of geothermal energy.

CASTRIES, St. Lucia–The harnessing of geothermal energy — that is, the heat that comes from beneath the earth — in the Organization of the Eastern Caribbean States (OECS) areas has been an ongoing topic of research and exploration since the Die Caribbean region consists mainly of volcanic islands. A recent study of three Caribbean islands – Dominica, Montserrat and Nevis – explored opportunities for geothermal energy beyond electricity generation.

Across the world, more and more countries are using their geothermal resources not only to generate electricity from a renewable, affordable source, but also to support various industries in their economies.

With the renewed global emissions targets agreed at the recently concluded COP26 in Glasgow, Scotland, it is imperative that OECS member states fully explore the use of renewable energy sources. These efforts are needed to reach net-zero by 2050 – a global goal set at COP26 – in which the total amount of carbon dioxide entering the atmosphere equals the total amount removed. This means that fossil fuel use must be reduced and eventually phased out in order to reach this goal.

Given the region’s enormous potential for generating electricity from geothermal energy and the resulting environmental and economic benefits, it has become necessary to explore the full potential of this energy source. Currently, Guadeloupe is the only area in the Caribbean with a geothermal power plant that produces five percent of the island’s electricity.

In Iceland, about 100 percent of electricity generation comes from renewable energy sources, with 73 percent coming from hydroelectric power and 27 percent from geothermal. An estimated 85 percent of all houses in Iceland are heated with geothermal energy. Kenya is another country that has benefited from the use of geothermal energy and is currently generating 630 megawatts of electricity from the renewable source. Geothermal energy is a key success factor for one of Kenya’s largest flower exporters, Oserian, enabling the company to sell 380 million rose stems annually, which the company’s CEO says would not be possible without 24-hour geothermal steam heating of greenhouses.

The availability of this natural resource in the Caribbean creates the potential for OECS member states to benefit in a similar way in the years to come. Could geothermal energy be the key to powering the energy transition in the Eastern Caribbean? Can geothermal energy support new industries, reduce production costs and open up new export markets? How can the tourism, manufacturing and agriculture sectors directly benefit from the development of the region’s geothermal resources?

A webinar on Geothermal Energy: Delivering Opportunities Beyond Electricity, hosted by the Energy Department of the OECS Commission, will be held on January 25 from 2:00 p.m. to 4:00 p.m. To participate in the discussion, you can register at:

https://bit.ly/oecsenergy . ~OECS~

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President Áder meets the Kenyan President in Nairobi https://mombasainfo.com/president-ader-meets-the-kenyan-president-in-nairobi/ Tue, 18 Jan 2022 06:30:44 +0000 https://mombasainfo.com/president-ader-meets-the-kenyan-president-in-nairobi/

Kenya wants to increase its presence in Central Europe and is ready to open a diplomatic mission in Budapest as soon as possible, said Kenyan President Uhuru Kenyatta told The Hungarian counterpart János Áder on Monday in Nairobi.

Áder is the first Hungarian President to visit Kenya since independence.

At a joint press conference following a closed-door meeting, the two presidents said the visit was intended to intensify bilateral cooperation.

Áder said Kenya has recently become a tourism, financial, commercial and diplomatic center in the region, with population growth and a massive rise in living standards. Ensuring a quality food supply is among the country’s priorities, he added.

Around 40 percent of the total population and over 70 percent of people in rural areas make a living from agriculture, he noted. “Therefore, it is in their fundamental interest to acquire modern skills and technologies that Hungarian companies can deliver,” Áder said.

Hungary is ready to transfer know-how and technologies for animal husbandry, breeding and growing crops that tolerate hot climates and food processing, he added.

Referring to a cashew farm project started in Kenya with a €2 million grant from the Visegrad Group, Áder said the company is helping to provide livelihoods for 50,000 residents across four sites.

The two Presidents pointed to projects in Kenya supported by the Hungary Aid Program, noting that five have been completed while another six are planned. Áder is scheduled to visit one of the projects on the outskirts of Nairobi later during his stay, a church and training center.

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The Kenyan President thanked Hungary for a $50 million tied aid loan for health, agriculture and irrigation projects.

Featured image: Áder and Kenyatta; via Noémi Bruzák/MTI

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Kenya: Aakif Virani named 2021 Motorsport Personality of the Year https://mombasainfo.com/kenya-aakif-virani-named-2021-motorsport-personality-of-the-year/ Sun, 16 Jan 2022 09:06:14 +0000 https://mombasainfo.com/kenya-aakif-virani-named-2021-motorsport-personality-of-the-year/

Nairobi – Division One champion Aakif Virani beat greatest challenger Carl “Flash” Tundo to be crowned the 2021 Kenyan Motorsport Personality of the Year during a colorful ceremony at the WRC Safari Rally Secretariat in Kasarani.

The acclaimed Skoda Fabia R5 driver beamed in his video message about his fairytale performance after being declared the winner.

“It’s such a great feeling to be recognized for my hard work. It has not arrived yet. I hope to improve my game and do even better in the 2022 season,” said Aakif, speaking to the gala night audience via Zoom.

The Nairobi-based businessman was voted for the coveted award by the Kenya Motor Sport Federation (KMSF) license holders and commissions.

Aakif recorded his first KNRC win at the 2021 KCB Nanyuki Rally after Tundo was disqualified for being pushed off the end of the power stage by Jasmeet Chana.

Meanwhile, Linet Ayuko was voted KNRC Navigator of the Year after a string of top ten finishes.

Ayuko, who navigated Maxine Wahome in Division Two and Hussein Malik in Division One, racked up unassailable points in the Division Two Navigators Championship but failed to reach the 75% threshold to qualify for a title.

The gala night also recognized the 2021 champions in various motorsport disciplines as well as meritorious achievements.

Division One driver Mcrae Kimathi was awarded the FIA ​​ARC Junior Championship for Drivers as well as the FIA ​​ARC 3 title. His navigator Mwangi Kioni enjoyed him as a FIA ARC 3 Championship for co-drivers.

On this occasion Amina Mohamed, Main Guest and Sports CS Ambassador, officially presented the winner Robert Dewar with the FIA ​​Founding Member’s Club Heritage Cup. Dewar, the mastermind behind the annual Africa Concours d’Elegance, scooped the trophy at December’s FIA Awards Gala in Paris.

Amina praised all winners for a great motorsport season. She expressed optimism for the upcoming season, adding that the FIA ​​has confirmed that Safari Rally will retain its global status for the next five years

“Safari was the busiest WRC event of 2021, which was an important milestone. We also opened the Safari Rally office in Finland to support the marketing of Kenyan products and tourism. In addition, the Safari Greening Project, in which Kenya hopes to plant 18 million trees in three years across the country, has been a huge success,” said Amina.