Market News

  • Construction of first cancer hospital in Kenya begins

    Posted on :Wednesday , 19th August 2015

    The construction of first cancer hospital in Kenya is set to begin following a groundbreaking ceremony by the first lady, Mrs. Margaret Kenyatta.
    The hospital is a partnership between local entrepreneurs and General Electric Company.
     
    The construction of the state-of-the-art treatment centre at Ridgeways in Kiambu County will cost US$ 20m and will cat. . .

  • Wind power plant in Kenya to be constructed

    Posted on :Wednesday , 19th August 2015

     Construction of a US$44M wind power plant in Kenya is set to begin in Meru county. The project is spearheaded by Maralal Energy Limited.

     
    Maralal Energy which is a privately-owned Kenyan firm disclosed that the money will be used to construct the wind farm whose electricity will be included in the national grid.
     
    Kenya Electricity . . .

  • Africa agrees to raft of Chinese investment

    Posted on :Tuesday , 18th August 2015

     Equatorial Guinea has secured a wave of Chinese investment, following a trade forum in Dalian

    The Equatorial Guinea-Asia Economic Forum was hosted in the Northeastern Chinese city by representatives of the West African nation’s Ministry of Mines, Industry and Energy, with the aim of showcasing the country’s investment opportunities.
    The Equatorial Guinean. . .

  • Construction industry in East Africa opens $50m complexes

    Posted on :Tuesday , 18th August 2015

    Constructions industry in Rwanda is on an upward trajectory after the country’s president Paul Kagame opened complexes worth $50m in the capital Kigali. The president challenged contractors to ensure they provide durable and quality structures.

     
    Kagame congratulated local investors like Bertin Makuza whose 15-storey constructed building was inaugurated.  I. . .

  • Construction of maize milling plant in Kenya set to begin

    Posted on :Monday , 17th August 2015

     Green Arava of Israel is set to construct a multi-million maize milling plant in Kenya at Galana-Kulalu irrigation project to ease in the flour processing once the first crop is harvested.

     
    The equipment which has already been bought from South Africa will have the ability to process and package the flour for sale immediately after leaving the farm.
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