Market News
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ARM Cement to increase investments in East Africa
Posted on :Wednesday , 10th December 2014
East African cement maker ARM Cement has announced an increase in investments across the region as the demand for cement continues to rise.
A statement from the company revealed that ARM Cement will complete some pending projects this year, and begin new ones in 2015.The company, which has plants in Kaloleni and Athi River in Kenya, as well as D. . .Tanzania: Dar to Construct Embassy Building in Kenya
Posted on :Friday , 5th December 2014
Dodoma — THE government, through the Ministry of Foreign Affairs and International Cooperation, is planning to construct an office building and an investment venture in Nairobi, Kenya.
The Deputy Minister in the ministry, Mr Mahadhi Juma Maalimu, told the Parliament that the project is part of government's strategic plan to involve the country's pension funds . . .Kenya: Sh12 Billion Moyale Road 40 Percent Done, Reports KeNHA
Posted on :Friday , 5th December 2014
The Sh12 billion Turbi-Moyale Road is 40 per cent complete, the Kenya National Highways Authority has said
The project is the third and last phase of the Mombasa-Nairobi-Addis Ababa Road Corridor Development project. Kenha said movement of goods and services will be enhanced once the project is completed.
The project, financed by the African Development Bank, was started by Pres. . .
Construction of US$ 2.76m Dongo Kundu bypass in Kenya to start early next year
Posted on :Thursday , 4th December 2014
Permanent Secretary in the ministry of Transport John Mosonik has said that construction of the Dongo Kundu bypass in Mombasa will start early next year. The much awaited infrastructure project is expected to decongest Mombasa by serving as an alternative to Likoni ferry. It will link the mainland to the south coast.
Mosonik has also said that the government is goin. . .Exporters targeting the hub of East Africa at Prime building events
Posted on :Wednesday , 3rd December 2014
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