Market News

 Premier real estate developer Cytonn Investments is planning to construct a US $125m residential-cum-commercial development project in Kiambu County, Kenya. The project will accommodate 6,500 people and also comprise of a five star hotel.   The intent is to convert a 100-acre Kiambu cof . . .

 Work has commenced on the construction of Africa’s tallest building in Kenya. His Excellency; the President of Kenya laid the foundation stone to this landmark project recently. The twin tower development dubbed Pinnacle Towers will have 70-floors with mixed-use purpose, and will be loca . . .

Kenya is on it's way to construct the the largest dam in East Africa. Thwake dam will be constructed in the Eastern part of the country. On 15th Nov 2017, the government signed a Ksh.36.9 billion contract with Chinese contractor China Gezhouba Construction Group Corporation, paving way for work to . . .

 With the African Development Bank (AfDB) looking for financial partners capable of investing US $385.2m towards the construction of the highway connecting Kenya and Tanzania, construction work on the US $751.3m Kenya-Tanzania Highway is set to begin in 2018.   According to AfDB Chief Re . . .

 The Kenya government in partnership with the World Bank is funding the construction of a mega project which is being developed by Chinese firm-Aviation Industry Corporation of China (AVIC). The US $30m road authorities office complex in Nairobi, Kenya is currently 40% complete is expected to b . . .