Market News

  • Kenya is building Africa�s biggest wind energy farm to generate a fifth of its power

    Posted on :Tuesday , 7th July 2015

    Kenya set in motion the construction of Africa’s biggest wind power farm this week, near Laisamis, 550km north of Kenya’s capital Nairobi.

    Known as the Lake Turkana Wind Power Project, the wind farm site covers 40,000 acres (162km2), which will be powered by the ‘Turkana Corridorwind.’ It is a low-level jet stream originating from the Indian Ocean and blow. . .

  • APR Energy lands a 27 million gas turbine supply contract in Egypt

    Posted on :Tuesday , 7th July 2015

     APR Energy is set to provide a gas turbine power plant for an industrial customer in Egypt after landing a €27 Million contract.

    The leading world Mobile power supplier signed the deal early this week after a competitive tender that attracted many companies to provide a gas turbine power plant for an industrial customer in Egypt.
    The project, which is for a mini. . .

  • Kenya: Kiambu Constructs Sh160 Million Hospital at Tigoni

    Posted on :Monday , 6th July 2015

    Kenya: New Mall Set to Change How Kisumu Shops

    Posted on :Monday , 6th July 2015


    Unlike other middle class estates that are slowly experiencing an influx of residents, Mamboleo is relatively more secure and tranquil.

    "Actually, a majority of professionals in Kisumu now find the Mamboleo/ Kajulu hills a perfect destination of choice owing to encroachment of Milimani and Tom Mboya estates by offices, hotels and guest houses," she said.
    . . .

  • Kenya making progress on road and rail expansion

    Posted on :Monday , 6th July 2015

     Kenya’s road network expanded by 16 per cent in 2014 and the first 40 km of the new Mombasa-Nairobi standard gauge railway project has also been completed

    According to Central Bank of Kenya’s Economic Survey 2015, total number of paved roads reached 13,000 km last year, up from 11,230 km in 2013. This is a result of the government increasing access to rural areas as . . .

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