Market News

  • 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.

    Kenya: Standard Railway Project Set for October

    Posted on :Friday , 5th September 2014

     CONSTRUCTION of the multibillion-shilling standard gauge railway is expected to start in October, Infrastructure PS John Kipng'etich has said.

     
    Contractor China Road and Bridge Corporation has started putting up camps at Mariakani, Mtito Andei and Athi River.
     
    The camps will aid the construction of the first phase of the Sh327 bill. . .

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