The country is expecting around 70,000 visitors from India in the current year, after the African nation witnessed a decline in Indian visitors to 49,700 last year.
The MoU was signed on July 11 this year at Nairobi during the visit of Prime Minister Narendra Modi.
Some 100 firms took part in the event on September 1-3. "I strongly believe that India has vast experience in setting up of ICT infrastructure and the experience can be leveraged by the government as well as the private sector in African nations.
Urjit Patel's appointment as new RBI Governor appeared to have support of BJP MP Subramanian Swamy who had launched a series of attacks against the outgoing Governor Raghuram Rajan.
The order includes development of 16'' ground wheels and marks company's entry into east Africa.
The new plant in Kenya will serve at least three neighbouring countries, besides catering to local demand.
With this loan agreement, Exim Bank has now placed 207 Lines of Credit, covering 63 countries in Africa, Asia, Latin America, Europe, Oceania and the CIS, with credit commitments of over USD 14.95 billion.
Prime Minister Narendra Modi is on a four-nation tour of Africa that is part of a policy push to make his country a more global player, economically and diplomatically.
Prime Minister Narendra Modi, after his talks with Kenyan President Uhuru Kenyatta here, also announced extension of concessional Line of Credit (LOC) of USD 44.95 million to the African nation to help it in development of small and medium enterprises and textiles.
"At a time when the world is going through an economic downturn, India is the only bright spot," Modi said in his trademark diaspora rally at the Kasarani Stadium here soon after arriving from Tanzania on the fourth and final leg of his four-nation African tour.
The company has expanded its international business in Congo, Kenya, Ghana and Malaysia, aid Sharan Bansal, Director at Skipper.
The total value of the said orders are approximately Rs 100 crore.
Tata Ultra range, which the company addresses as business utility vehicle, can cater to payloads ranging from 4-11 tonnes and engine capacities from 125-180 HP.
Speaking to CNBC-TV18, Adi Godrej, Chairman of the Group said that the company is happy to increase its stake in the subsidiary and that the operations from sales in Kenya are high.
The company's subsidiary has entered into an agreement with Canon Chemicals for the acquisition of 75 percent equity stake in its business in Kenya.
"Board of directors of the company, on January 19, will consider proposal from Kenya-based Apple Insurance Incorporate for acquisition of 24 percent holding in the company," says the Punjab-based textile company.
An Air France flight from Mauritius to Paris was forced to make an emergency landing in Kenya early today after a suspicious package was found on board, Kenyan police said.
Airtel Africa had already been working with Facebook since 2014 in enhancing accessibility to the internet in an affordable manner through the launch of Free Basics in Africa.
The company will now provide Ringback Tones to Airtel subscribers in Nigeria in addition to those in Kenya, Tanzania, Uganda, Zambia, Madagascar, Rwanda and Malawi.
Speaking at the Indo-Africa ICT Expo in Nairobi (Kenya), Telecom Secretary Rakesh Garg said India has a lot of experience in policies, technology, skills development and innovative solutions that can be shared with Africa.
The IPO comprises fresh issue of shares worth Rs 400 crore and an offer for sale of up to 37.67 lakh equity shares by the existing shareholders -- Indivision India Partners and Leon International.
Prices in India in last couple of weeks have become very strong, so we will get back to higher prices in India said Kamal Baheti, CFO, McLeod Russel.
Hero MotoCorp's first global manufacturing facility at Villa Rica in Colombia, entailing a project investment of USD 70 million, became operational this week.
An affiliate of Carlyle Asia Partners IV has bought a stake in Metropolis Healthcare Ltd, a multinational chain of pathology laboratories, Carlyle Group said in a statement.
Google consults with device makers to build cheap phones that can still run the latest version of its Android software. Infinix's phone will be sold with an Android release that came out last year under the nickname "Lollipop."