Market News

  • Investing in Africa is a wise business decision and a long-term company strategy.

    Posted on :Tuesday , 27th December 2022


    Now is the best time to make an investment in Africa. However, because overseas investment choices are frequently painstakingly overstructured, investors have not rushed to the region as quickly as expected. An important contributory component is too much risk. However, risks and profits go hand in hand; high-risk undertakings are typically correlated with larger earnings.

     

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  • The World Bank's IFC has invested Sh40 billion for the Nairobi-Mau Summit Highway.

    Posted on :Tuesday , 27th December 2022


    The move is probably going to help the Sh190 billion project get extra money.

     

    The Sh190 billion Nairobi-Mau Summit Highway has received a financing commitment from the International Finance Corporation (IFC), a division of the World Bank, in the amount of Sh40 billion (USD 320 million).

     

    The international financier is anticipated to approve the release o. . .

  • UK Invests $4 Billion In Kenya To Support Climate Action

    Posted on :Monday , 21st November 2022

    The UK government has agreed to invest US$4 billion (KES 500 billion) in Kenya to support the country's efforts to combat climate change.

    The UK Prime Minister Rishi Sunak met with Kenyan President William Ruto at COP27, agreeing a five-year investment deal that will see climate finance flow into the African country.

    These new, clean and green investments will become flagship proj. . .

  • The Kenya Port Authority wants to improve Trade with Modern Infrastructure Plans

    Posted on :Wednesday , 26th October 2022


    The East African regional economies' growth will be sped up by the Japanese International Cooperation Agency's (JICA) commitment to continue helping the Kenya Ports Authority (KPA) upgrade port facilities.  

     

    JICA has been a staunch ally of KPA and provided funding for the development of the second container terminal at the Port of Mombasa, which cost Sh32 billion.

  • The Nairobi-Mombasa Expressway Project in Kenya, a 525 km four-lane toll road

    Posted on :Tuesday , 23rd August 2022

    Korean Overseas Infrastructure and Urban Development Corporation Africa has been given the job of building the Nairobi-Mombasa Expressway in Kenya (KIND). Following the withdrawal of US contractor Bechtel Corp from the project, the East African nation selected KIND to build the 473-km road.

     

    The Kenyan government has already received a feasibility report for the project from t. . .

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