DCE advocates special fund for new districts

Government has been asked to establish a special fund under the Savannah Accelerated Development Authority (SADA), for the development of newly created districts in the northern part of the country. Mr. Clement B. Benin, District Chief…

Kenya to build 10 MW wind power project

Kenya invited on Tuesday tenders for the construction of a 10 megawatt wind power project on the outskirts of the capital, after receiving a 20-million-euro loan from Spain. "The Kenya Electricity Generating Company (KenGen) invites sealed…

Asia stocks up as US dollar steadies

Growing confidence about the global economy lifted Asian stocks to a fresh 17-month high on Tuesday as investors continued to be drawn to riskier assets, while the dollar stabilized after a weak start to the year. The dollar steadied…

US bankruptcies reach 1.4 million

U.S. consumers and businesses are filing for bankruptcy at a pace that made 2009 the seventh-worst year on record, with more than 1.4 million petitions submitted, an Associated Press tally showed Monday. The AP gathered data from the…