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commitmentKenya and the European Union are putting more effort into maritime security across the Red Sea, Gulf of Aden and Western Indian Ocean.businessdailyafstatementThere is a persistent gap between Ethiopia's generation capacity and its domestic distribution network.EthiopiastatementMillions of Ethiopian citizens still lack access to power.EthiopiastatementEthiopia exports growing volumes of electricity across East Africa.EthiopiacommitmentEthiopia is seeking nearly $11 billion from development partners to connect millions of citizens who still lack access to power.EthiopiastatementCRBC wins Sh1.2bn city street lighting tender.CRBCstatementA tender document from Kura shows that the street lighting project will cover 11 informal settlements in the capital, spanning 408.44 kilometres and involving the installation of 10,000 streetlights.A tender document from KurapredictionSafaricom is set for a higher dividend on the profit surge.SafaricomstatementSafaricom posted a 35.9 per cent growth in net profit in the half-year to September to Sh58.1 billion, up from Sh42.7 billion a year earlier.SafaricomstatementMbadi backs a law change to shield banks from billions in loan refunds.MbadistatementCS Mbadi reckons that CBK, and not the Treasury, should approve changes to commercial bank interest rates given its capacity for oversight and enforcement.CS MbadistatementOilfields was engaged by Zakhem under a subcontract agreement dated November 17, 2015 to undertake civil works during the replacement of the 450-kilometre Mombasa-Nairobi oil pipeline.businessdailyafallegationZakhem is using liquidation to block the Kenyan firm's Sh2.2bn claim.Kenyan firmstatementThe deal returns control of the insurance businesses to an investment vehicle linked to Prime Cabinet Secretary Musalia Mudavadi and Lamu Governor Issa Abdalla Issa Timamy.businessdailyafstatementAbsa has exited Kenya insurance after a Sh3bn buyout by the Mudavadi group.businessdailyafstatementModern security systems offer more than conventional CCTV installations, which primarily record footage for review after an incident.businessdailyafstatementHomeowners are abandoning grills and padlocks in favor of discreet, smarter security systems.businessdailyafstatementIn previous years, dollar-denominated property prices were also driven by investors seeking to hedge against fluctuations in the local currency.businessdailyafstatementSellers are dropping the shilling in favour of dollar and euro land prices in order to attract buyers.businessdailyafstatementTraders showcase clothes, electronics, household goods and other products to customers watching broadcasts.businessdailyaf
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