Market News

  • Kenya Gives Go-Ahead to Massive $3.6 Billion Nairobi-Mombasa Expressway Project

    Posted on :Tuesday , 2nd January 2024

    Under a public-private partnership (PPP), the 473-kilometer Nairobi-Mombasa Expressway has been approved for its initial phase of construction. This was disclosed by the Treasury, which made it possible for the road construction project to go into the development stage.

     

    The Nairobi-Mombasa Expressway project, according to the Treasury, is anticipated to eliminate the severe t. . .

  • WHERE TO INVEST IN AFRICA 2024

    Posted on :Tuesday , 12th December 2023

    Amidst the global highs and lows, Africa emerges as a beacon of opportunity, inviting investors to explore a wealth of potential in the coming year.

    Renowned Kenyan businessman and financial expert, Nazir Jinnah, shares insights on key areas ripe for investment, highlighting the continent's untapped potential.

    Jinnah emphasizes the growing momentum in Africa's embrace of sustainable. . .

  • Sh500 Million Industrial Park to Be Built In Nyeri, Kenya

    Posted on :Friday , 3rd November 2023

    An agreement has been signed by the County Government of Nyeri and a local contractor for the building of an aggregate and industrial park in the Kieni constituency, valued at Sh500 million.

     

    In the next 24 months, the park a collaborative effort between the national and county governments will be operational, according to Chief Officer in Charge of Trade George Mwangi. Each o. . .

  • Annual Funding of Ksh1 Billion Would Be Provided for Renovation of Kenyan Airstrips

    Posted on :Tuesday , 3rd October 2023

    The Government of Kenya has set aside Ksh1 billion annually for Kenyan Airstrips, which will be used to promote freight and passenger transportation as well as the tourism industry by constructing and renovating airstrips located all around the country. The expansion projects, according to Cabinet Secretary of Transportation Kipchumba Murkomen, are primarily intended to accommodate large aircra. . .

  • $13.8 Billion Kenya-Ethiopia Railway Construction Plans Resume

    Posted on :Thursday , 24th August 2023

    Kenya-Ethiopia Railway construction will foresee resumption as the Government of Kenya has resumed its construction plans that are set to begin in the year 2025 to construct the high-speed electric train railway at a cost of $13.8 billion. The railway line is anticipated to run from the port situated in Lamu to Ethiopia and then later extend to South Sudan. The standard gauge railway that will . . .

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