Market News

  • Kenya signs US$ 333m deal for Kuresoi dam construction

    Posted on :Wednesday , 22nd July 2015

     BNP Paribas Italy and Intesa San Paolo banks have signed a US$ 333m agreement with Kenya for the construction of Kuresoi dam in Kuresoi, Nakuru county.

     
    The signing of the agreement at State House, Nairobi, was witnessed by President Uhuru Kenyatta and Italian Prime Minister Matteo Renzi after they held bilateral talks. The agreement brings Italy’s total . . .

  • Construction boom and building innovation in East Africa

    Posted on :Wednesday , 22nd July 2015

    According to the African Development Bank, East Africa will grow by 5.6% in 2015 and by 6.7% in 2016, making it the fastest growing region on the continent.

     
    Today 54% of the world’s population lives in urban areas, but by 2050 the urban population is expected to rise as high as 62% in Africa. Currently only about 40% of African people live in urban environment. . .

  • Shaping the future of Africa�s construction industry

    Posted on :Wednesday , 22nd July 2015

     Construction experts and enthusiasts can look forward to attending the biggest yet conference of global construction industry shareholders right here on South African soil next month.

     
    The annual African Construction and Totally Concrete Expo, which takes place from 12 May to 15 May 2015, will offer attendees five unique expo experiences which include the Afric. . .

  • Kenya signs US$ 333m deal for Kuresoi dam construction

    Posted on :Tuesday , 21st July 2015

     BNP Paribas Italy and Intesa San Paolo banks have signed a US$ 333m agreement with Kenya for the construction of Kuresoi dam in Kuresoi, Nakuru county.

     
    The signing of the agreement at State House, Nairobi, was witnessed by President Uhuru Kenyatta and Italian Prime Minister Matteo Renzi after they held bilateral talks. The agreement brings Italy’s total . . .

  • Base Titanium Adopts Best Mining Practices

    Posted on :Saturday , 18th July 2015

    Kenya is about to enter an important new stage in the development of its mining sector. The Mining Bill 2014, currently under review by the Senate, should be enacted before the end of the year and Kenya is about to embark on developing a 20-year strategic plan for the sector with the assistance of McKinsey & Company.

     
    The Mining Bill will regulate, amongst other . . .

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