Market News
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Kenya to receive USD 55.6 bn for infrastructure development
Posted on :Thursday , 3rd September 2015
Mega infrastructure projects are planned for East Africa and are set to create unique opportunities and open new markets in Kenya, Uganda and Ethiopia. Industry sectors expected to benefit from the planned infrastructure developments include oil and gas (O&G), mining, agriculture, and retail.
New analysis from Frost & Sullivan, African Infrastructure T. . .
KENYA TO BECOME HUB FOR INTRA-REGIONAL AFRICA TRADE
Posted on :Thursday , 3rd September 2015
Kenya is set to become a hub for intra-regional trade in Africa, according to a new report from Frost & Sullivan. An estimated $55.6 billion in investments in infrastructure development for Kenya is planned, the majority of which will focus on telecommunications and power generation infrastructure, according to the report.
Mega infrastructure projects are . . ..jpg)
Kenya to set up unit to protect critical infrastructure
Posted on :Wednesday , 2nd September 2015
NAIROBI: The Government will set up a powerful entity to protect critical infrastructure against threats such as terrorism, espionage and sabotage.
In a move aimed at dealing with increasing threats to critical infrastructure such as power lines, fibre optic, roads and data centres, the Government has proposed hefty fines and jail terms for up to 10 years for . . ..jpg)
ERCC boosts Ethiopia market share in road construction
Posted on :Wednesday , 2nd September 2015
Road construction in Ethiopia will now be dominated by the government after Ethiopian Road Construction Corporation (ERCC) rolled out a business plan to boost its market share in road construction to 50%.
The move is aimed at improving transport and communication in the country which will favor local market growth.The government of Ethiopia also intends . . ..jpg)
Shanzu Beach Resort to construct new block of apartments in Kenya�s Coast
Posted on :Wednesday , 2nd September 2015
Shanzu Beach Resort is set to construct a new block of apartments at the Kenyan Coast in a bid to boost their high end property development.
The development which is dabbed The Shaza project will consist of 18 apartments comprising of two and three bedroom that will go for between Sh32 million and Sh42 million respectively.The S. . .Please Select an Option
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