Market News

  • Tetra Tech signs US$25m contract for Phase 1 of Konza City

    Posted on :Saturday , 6th September 2014

    Tetra Tech Inc will oversee development of phase 1 of Konza city following the signing of a contract between them and Konza Technopolis Development Authority (KoTDA).

    Merali to construct US$23m office block in Nairobi, Kenya

    Posted on :Saturday , 6th September 2014

    Businessman Naushad Merali has made plans to construct a US$23m office block in Westlands, Nairobi.

    Qatar investors to enter Kenya real estate market

    Posted on :Saturday , 6th September 2014

    Qatar is seeking to enter into the Kenya real estate market. A delegation of Qatari Businessmen Association (QBA) has already visited the Kenya’s Minister of Foreign Affairs and International Trade, Amina Mohamed in a bid to improve ties between the two countries.

    Construction of the Juba-Bor Road in Sudan begins

    Posted on :Saturday , 6th September 2014

    Construction of the Juba-Bor road has started after the signing of an agreement between the Jonglei state government and UNMISS. UNMISS is a Korean contingent of engineers who work for United Nations’ peacekeeping mission in the country.

    Five new hotels to be constructed in Nairobi, Kenya at US$79m

    Posted on :Saturday , 6th September 2014

    The hotel industry in Kenya is set to receive a boost following the setting up of five medium-sized new hotels in the country.

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