Market News

  • Kenya, U.S. Sign Key Transport Deal

    Posted on :Wednesday , 29th July 2015

     Kenya and the US have signed a deal that would lead to the development of strategic infrastructure projects.

     
    The memorandum of understanding covers projects related to the Lamu Port South Sudan- Ethiopia Transport (Lapsset) corridor.
     
    During the signing ceremony on Friday, Cabinet Secretary for Foreign Affairs and International Tr. . .

  • Avic International Kenya to construct $200mn office complex

    Posted on :Wednesday , 29th July 2015

     Chinese partnership with Kenya has energized a Chinese based global manufacture AVIC International Holding Corporation which is set to construct a $200mn office complex in Nairobi Kenya which is expected to be its African Headquarters.

    The offices suites that will be located in Westlands in Nairobi got a major boost after the city council of Nairobi gave Avic International Kenya. . .

  • Africa: Technology, innovation and infrastructure development

    Posted on :Saturday , 25th July 2015

    Continuous growth on the African continent has brought with it a growing need for infrastructure development to meet the requirements of the growing population.
     
    With that said innovation in the construction industry is at the core of development on the continent.
     
    Toby Shapshak, who will be a Keynote speaker at the African Construct. . .

  • Multimillion dollar Century Park Complex Rwanda set for construction

    Posted on :Friday , 24th July 2015

     The Kenya Commercial Bank Rwanda and Century Park Ltd have inked a financial partnership agreement to fast-track the multimillion dollar Century Park Complex Rwanda in Kigali .

    The bank will put in more than $200 million into the construction of the Century Park Complex Rwanda that is expected to add more than 200 apartments, 16 dinner lavish villas, supermarkets and two 5 star . . .

  • US$350million oil pipeline in Kenya from Mombasa to Nairobi.

    Posted on :Friday , 24th July 2015

     Kenya Pipeline Company has secured a $350million loan to invest in the construction of a new 450-kilometre oil pipeline in Kenya from Mombasa to Nairobi.

    The state owned oil dispenser will move ahead to a 20 inch contemporary multi-product oil pipeline in Kenya to reinstate the more than 30 year old – 14 inch pipeline currently in use.
    For the duration of the s. . .

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