Thursday, June 15, 2006

The Kenyan government targets to increase the country's fixed line tele-density by over 1,000% in urban areas.

Monday, 05 June 2006
By Michael Ouma

NAIROBI — The Kenyan government targets to increase the country's fixed line tele-density by over 1,000% in urban areas.

The permanent secretary in the Ministry of Information and Communication, Mr Bitange Ndemo, said government would increase the density from the current 1.97 lines per 100 inhabitants to a whopping 20 lines per 100 by 2015.

Ndemo made the revelations when he launched a new wireless service in Nairobi last week.

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Activity flares up in Uganda’s oil circuit

By Edris Kisambira

KAMPALA –– Fresh discoveries of oil by one of the four companies prospecting for oil in the Albertine basin of Uganda has increased prospecting and drilling activity.

“We have an active exploration schedule for the remainder of 2006,” Mr. Simon Potter, the chief executive officer and managing director of Hardman Resources Limited told an investor’s conference in London last Tuesday.

In the same breath, Heritage Oil and Gas Limited of Calgary, Canada announced in March that it would commence drilling the Kingfisher-1 exploration well in its Block 3A permit but Hardman’s discovery is bound to add impetus into their activities.

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New airport, city, railway in Rwanda investment bid

Monday, 29 May 2006
By Geoffrey Kamali

KIGALI— The Rwanda government, seeking to attract foreign investment, last week offered meticulously packaged opportunities to potential investors, promising them a return on their money.

The packages at the third Rwanda International Investment Conference, involved a set of highly ambitious plans, expected to catapult the country to greater economic heights within the next 50 years.

Prominent among the presentations reeling on generic power point screens was a projection of the expansion of Kigali City in 50 years.

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