Market News

  • $13.8 Billion Kenya-Ethiopia Railway Construction Plans Resume

    Posted on :Thursday , 24th August 2023

    Kenya-Ethiopia Railway construction will foresee resumption as the Government of Kenya has resumed its construction plans that are set to begin in the year 2025 to construct the high-speed electric train railway at a cost of $13.8 billion. The railway line is anticipated to run from the port situated in Lamu to Ethiopia and then later extend to South Sudan. The standard gauge railway that will . . .

  • Kenya and South Korea Seal Partnership to Build Five Smart Cities

    Posted on :Thursday , 29th June 2023

    Korea Trade Centre, Nairobi (KOTRA), the Commercial Section of the Embassy of the Republic of Korea, and the Kenyan Government through the Ministry of ICT and the Digital Economy have signed a memorandum of understanding (MoU) to foster and promote partnerships and investments in the development of smart cities in the country.


    To get things started, the MoU calls for the two . . .

  • Turkana County in Kenya plans the construction of 1,200 Housing Units

    Posted on :Thursday , 27th April 2023

    Turkana County is now planning the construction of 1,200 Housing units. The county government will fund the project, which will benefit all six constituencies. According to the Kenya Urban Support Programme's National Project Coordination Team, led by Eng. Benjamin Njega.


    Njega was delighted that Turkana Central has access to 20 acres of land from the Lands Department to init. . .

  • Kenya Railways has begun work on the Nairobi Railway City initiative.

    Posted on :Thursday , 23rd February 2023

    The projects will involve constructing a public square and a new stop for the Nairobi Central Railway.


    Phase 1 of the Nairobi Railway City project, which is anticipated to cost KES12 billion (USD 95 million), has begun construction by Kenya Railways.


    The project's groundbreaking event took place at the Nairobi Central Railway station in December.

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  • 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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